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Worldwide Webb Acquisition (Worldwide Webb Acquisition) Debt-to-Equity : 0.01 (As of Jun. 2023)


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What is Worldwide Webb Acquisition Debt-to-Equity?

Worldwide Webb Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.55 Mil. Worldwide Webb Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Worldwide Webb Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $41.18 Mil. Worldwide Webb Acquisition's debt to equity for the quarter that ended in Jun. 2023 was 0.01.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Worldwide Webb Acquisition's Debt-to-Equity or its related term are showing as below:

WWAC' s Debt-to-Equity Range Over the Past 10 Years
Min: -29.17   Med: 0   Max: 0.01
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of Worldwide Webb Acquisition was 0.01. The lowest was -29.17. And the median was 0.00.

WWAC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs WWAC: 0.01

Worldwide Webb Acquisition Debt-to-Equity Historical Data

The historical data trend for Worldwide Webb Acquisition's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Worldwide Webb Acquisition Debt-to-Equity Chart

Worldwide Webb Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- -

Worldwide Webb Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Worldwide Webb Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Worldwide Webb Acquisition's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Worldwide Webb Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Worldwide Webb Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Worldwide Webb Acquisition's Debt-to-Equity falls into.


Worldwide Webb Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Worldwide Webb Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.2 + 0) / 230.109
=0.00

Worldwide Webb Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.548 + 0) / 41.176
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Worldwide Webb Acquisition  (NAS:WWAC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Worldwide Webb Acquisition Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Worldwide Webb Acquisition's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Worldwide Webb Acquisition (Worldwide Webb Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Worldwide Webb Acquisition Corp (NAS:WWAC) » Definitions » Debt-to-Equity
Comparable Companies
OCAX ASCB DUET RCAC GDST BACA FICV APAC TRCA BRAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
770 E Technology Way F13-16, Orem, UT, USA, 84097
Website
Worldwide Webb Acquisition Corp is a blank check company.
Executives
Tony Marion Pearce director, officer: Executive Chairman 123 EAST 200 NORTH, ALPINE UT 84004
Terry Vernon Pearce director, officer: Executive Vice-Chairman 123 EAST 200 NORTH, ALPINE UT 84004
David V. Crowder director C/O GSV CAPITAL CORP., 2956 WOODSIDE ROAD, WOODSIDE CA 94062
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tanner Ainge director 1633 W. INNOVATION WAY, 5TH FLOOR, LEHI UT 84043
Worldwide Webb Acquisition Sponsor, Llc 10 percent owner 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Daniel S. Webb director, 10 percent owner, officer: CEO, CFO 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Davis Smith director 770 E TECHNOLOGY WAY F13-16, OREM UT 84097