CCAJ (Coastal Capital Acquisition) LT-Debt-to-Total-Asset: 3.59 (As of Sep. 2023)


What is Coastal Capital Acquisition LT-Debt-to-Total-Asset?

Coastal Capital Acquisition CCAJ LT-Debt-to-Total-Asset is 3.59 as of Sep. 2023.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Coastal Capital Acquisition's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 3.59.

Coastal Capital Acquisition's long-term debt to total assets ratio increased from . 20 (0.00) to Sep. 2023 (3.59). It may suggest that Coastal Capital Acquisition is progressively becoming more dependent on debt to grow their business.

Coastal Capital Acquisition  (OTCPK:CCAJ) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Coastal Capital Acquisition LT-Debt-to-Total-Asset Related Terms

Coastal Capital Acquisition LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Coastal Capital Acquisition's LT-Debt-to-Total-Asset 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.

Coastal Capital Acquisition LT-Debt-to-Total-Asset Chart

Coastal Capital Acquisition Annual Data
Trend
LT-Debt-to-Total-Asset

Coastal Capital Acquisition Semi-Annual Data
Sep22 Sep23
LT-Debt-to-Total-Asset 0.00 3.59

Coastal Capital Acquisition LT-Debt-to-Total-Asset Calculation

Coastal Capital Acquisition's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in . 20 is calculated as

LT Debt to Total Assets (A: . 20 )=Long-Term Debt & Capital Lease Obligation (A: . 20 )/Total Assets (A: . 20 )
=/
=

Coastal Capital Acquisition's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=0.104/0.029
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 3.59 mean?
Coastal Capital Acquisition (CCAJ) has a LT-Debt-to-Total-Asset of 3.59 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Coastal Capital Acquisition and its competitors.
Is Coastal Capital Acquisition's LT-Debt-to-Total-Asset too high?
Coastal Capital Acquisition's current LT-Debt-to-Total-Asset is 3.59.
How does Coastal Capital Acquisition's LT-Debt-to-Total-Asset compare to SODE and CIPI?
Coastal Capital Acquisition's LT-Debt-to-Total-Asset of 3.59 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Construction company?
A good LT-Debt-to-Total-Asset depends on the Construction industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Coastal Capital Acquisition and its competitors. Coastal Capital Acquisition's current LT-Debt-to-Total-Asset is 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coastal Capital Acquisition stock overvalued right now?
Coastal Capital Acquisition (CCAJ) has a current LT-Debt-to-Total-Asset of 3.59. The current LT-Debt-to-Total-Asset is 3.59. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Coastal Capital Acquisition (CCAJ), the current LT-Debt-to-Total-Asset is 3.59 as of Sep. 2023. 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.

Coastal Capital Acquisition Business Description

Address 1410 Park Lane S, Suite 1, Jupiter, FL, USA, 33458
Coastal Capital Acquisition Corp is now a Builder engaged in the construction of single-family houses and other buildings for sale on its account rather than as contractors, including renovations. Its secondary business engagement is an Office of Holding companies, mainly engaging in holding the equity interest in (or securities) companies and enterprises to own a controlling interest or influence the management decisions of these firms.