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Artemis Strategic Investment (Artemis Strategic Investment) Cash-to-Debt : No Debt (1) (As of Jun. 2023)


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What is Artemis Strategic Investment Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Artemis Strategic Investment's cash to debt ratio for the quarter that ended in Jun. 2023 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Artemis Strategic Investment could pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Artemis Strategic Investment's Cash-to-Debt or its related term are showing as below:

ARTE' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12   Med: No Debt   Max: No Debt
Current: No Debt

During the past 2 years, Artemis Strategic Investment's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was No Debt.

ARTE's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.64 vs ARTE: No Debt

Artemis Strategic Investment Cash-to-Debt Historical Data

The historical data trend for Artemis Strategic Investment's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Artemis Strategic Investment Cash-to-Debt Chart

Artemis Strategic Investment Annual Data
Trend Dec21 Dec22
Cash-to-Debt
No Debt No Debt

Artemis Strategic Investment Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Artemis Strategic Investment's Cash-to-Debt

For the Shell Companies subindustry, Artemis Strategic Investment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.


Artemis Strategic Investment's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Artemis Strategic Investment's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Artemis Strategic Investment's Cash-to-Debt falls into.



Artemis Strategic Investment Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Artemis Strategic Investment's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Artemis Strategic Investment had no debt (1).

Artemis Strategic Investment's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Artemis Strategic Investment had no debt (1).

* 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.


Artemis Strategic Investment  (NAS:ARTE) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Artemis Strategic Investment Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Artemis Strategic Investment's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Artemis Strategic Investment (Artemis Strategic Investment) Business Description

Traded in Other Exchanges
N/A
Address
3310 East Corona Avenue, Phoenix, AZ, USA, 85040
Website
Artemis Strategic Investment Corp is a blank check company.
Executives
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Philip N Kaplan 10 percent owner, officer: Co-CEO and President 555 ANTON BOULEVARD, SUITE 400, COSTA MESA CA 92626
Anna Massion director 5475 S. DECATUR BLVD., STE #100, LAS VEGAS NV 89118
Leonard Wanger director 121 W CHESTNUT 2403, CHICAGO IL 60610
Thomas Granite officer: CFO, Treasurer and Secretary 3310 EAST CORONA AVENUE, PHOENIX AZ 85040
Scott Shulak officer: SVP, Acquisitions & Accounting 3310 EAST CORONA AVENUE, PHOENIX AZ 85040
Rodney Butler director 3310 EAST CORONA AVENUE, PHOENIX AZ 85040
Holly Gagnon director, 10 percent owner, officer: Co-CEO and Chairperson 3310 EAST CORONA AVENUE, PHOENIX AZ 85040
Matthew Anfinson director 3310 EAST CORONA AVENUE, PHOENIX AZ 85040
Andro Nodarse-leon director 3310 EAST CORONA AVENUE, PHOENIX AZ 85040
Artemis Sponsor Llc 10 percent owner 3310 EAST CORONA AVENUE, PHOENIX AZ 85040