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Yucaipa Acquisition (Yucaipa Acquisition) Debt-to-Equity : 4.73 (As of Jun. 2020)


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What is Yucaipa Acquisition Debt-to-Equity?

Yucaipa Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.05 Mil. Yucaipa Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. Yucaipa Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $0.01 Mil. Yucaipa Acquisition's debt to equity for the quarter that ended in Jun. 2020 was 4.73.

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

YAC.U's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

Yucaipa Acquisition Debt-to-Equity Historical Data

The historical data trend for Yucaipa 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.

Yucaipa Acquisition Debt-to-Equity Chart

Yucaipa Acquisition Annual Data
Trend Dec20
Debt-to-Equity
-

Yucaipa Acquisition Semi-Annual Data
Jun20
Debt-to-Equity 4.73

Competitive Comparison of Yucaipa Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Yucaipa 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.

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

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

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


Yucaipa Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yucaipa Acquisition's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Yucaipa Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 2020 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
=(0.052 + 0) / 0.011
=4.73

* 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.

Yucaipa Acquisition  (NYSE:YAC.U) 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.

Yucaipa Acquisition Debt-to-Equity Related Terms

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Yucaipa Acquisition (Yucaipa Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Yucaipa Acquisition Corp (NYSE:YAC.U) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
9130 West Sunset Boulevard, Los Angeles, CA, USA, 90069
Website
https://www.yucaipayac.com
Yucaipa Acquisition Corp is a blank check company.
Executives
Tom Dahlen director 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Ronald W Burkle director, 10 percent owner, officer: President and Chairman
Ira Tochner officer: See Remarks C/O THE YUCAIPA COMPANIES LLC, 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Yucaipa Acquisition Manager, Llc 10 percent owner 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Christel Sice director C/O YUCAIPA ACQUISITION CORPORATION, 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069
Yusef Jackson director C/O YUCAIPA ACQUISITION CORPORATION, 9130 WEST SUNSET BOULEVARD, LOS ANGELES CA 90069