BM3EAC (XAMS:BACE) Debt-to-Equity: -0.82 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XAMS:BACE BM3EAC Corp XAMS:BACE
16 GF Score
Price $10.00
! 3 Warning Signs
View Full Analysis

What is BM3EAC Debt-to-Equity?

BM3EAC XAMS:BACE 16 Debt-to-Equity is -0.82 as of Dec. 2025. GuruFocus rates XAMS:BACE with a GF Score™ of 16/100. The stock has 3 warning signs investors should review.

BM3EAC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. BM3EAC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.93 Mil. BM3EAC's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $-1.13 Mil. BM3EAC's debt to equity for the quarter that ended in Dec. 2025 was -0.82.

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 BM3EAC's Debt-to-Equity or its related term are showing as below:

XAMS:BACE' s Debt-to-Equity Range Over the Past 10 Years
Min: -1   Med: -0.91   Max: -0.82
Current: -0.82

During the past 5 years, the highest Debt-to-Equity Ratio of BM3EAC was -0.82. The lowest was -1.00. And the median was -0.91.

XAMS:BACE's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.18 vs XAMS:BACE: -0.82

BM3EAC  (XAMS:BACE) 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.


BM3EAC Debt-to-Equity Related Terms


BM3EAC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for BM3EAC'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.

BM3EAC Debt-to-Equity Chart

BM3EAC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
0.00 0.00 0.00 -1.00 -0.82

BM3EAC Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.00 -1.37 -1.00 -0.96 -0.82

XAMS:BACE vs ASZ, DWAC, CCYC: Debt-to-Equity Comparison

For the Shell Companies subindustry, BM3EAC'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.


BM3EAC Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BM3EAC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where BM3EAC's Debt-to-Equity falls into.


XAMS:BACE
16GF Score
BM3EAC Corp XAMS:BACE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BM3EAC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BM3EAC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

BM3EAC's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.82 mean?
BM3EAC (XAMS:BACE) has a Debt-to-Equity of -0.82 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BM3EAC and its competitors.
Is BM3EAC's Debt-to-Equity too high?
BM3EAC's current Debt-to-Equity is -0.82. Overall, BM3EAC has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does BM3EAC's Debt-to-Equity compare to ASZ and DWAC?
BM3EAC's Debt-to-Equity of -0.82 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 173 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BM3EAC and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BM3EAC's current Debt-to-Equity is -0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BM3EAC stock overvalued right now?
BM3EAC (XAMS:BACE) has a current Debt-to-Equity of -0.82. The current Debt-to-Equity is -0.82. BM3EAC's overall GF Score™ is 16/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For BM3EAC (XAMS:BACE), the current Debt-to-Equity is -0.82 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BM3EAC Business Description

Address c/o Brigade Capital Management, LP, 399 Park Avenue, 16th Floor, New York, NY, USA, 10022
BM3EAC Corp is a special purpose acquisition company (SPAC), formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination (a Business Combination) with an operating company.
16GF Score

Get the complete analysis for XAMS:BACE

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.00
Price