Berenson Acquisition I (Berenson Acquisition I) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

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What is Berenson Acquisition I 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. Berenson Acquisition I's cash to debt ratio for the quarter that ended in Sep. 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, Berenson Acquisition I could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Berenson Acquisition I's Cash-to-Debt or its related term are showing as below:

BACA' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.67 Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Berenson Acquisition I's highest Cash to Debt Ratio was No Debt. The lowest was 1.67. And the median was No Debt.

BACA's Cash-to-Debt is ranked better than
99.82% of 547 companies
in the Diversified Financial Services industry
Industry Median: 3.34 vs BACA: No Debt

Berenson Acquisition I Cash-to-Debt Historical Data

The historical data trend for Berenson Acquisition I'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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Berenson Acquisition I Cash-to-Debt Chart

Berenson Acquisition I Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Berenson Acquisition I Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Berenson Acquisition I's Cash-to-Debt

For the Shell Companies subindustry, Berenson Acquisition I'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.

Berenson Acquisition I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Berenson Acquisition I's Cash-to-Debt falls into.

Berenson Acquisition I 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.

Berenson Acquisition I's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Berenson Acquisition I had no debt ⁽¹⁾.

Berenson Acquisition I's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Berenson Acquisition I had no debt ⁽¹⁾.

Berenson Acquisition I (AMEX:BACA) 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.

Berenson Acquisition I Cash-to-Debt Related Terms

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

Berenson Acquisition I (Berenson Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Berenson Acquisition Corp I (AMEX:BACA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

667 Madison Avenue, 18th Floor, New York, NY, USA, 10065

Website

https://www.berensonacquisitioncorp.com

Berenson Acquisition Corp I is a newly incorporated blank check company.

Executives

Carl Ferenbach	director	CROWN CASTLE INTERNATIONAL CORP, 510 BERING DR STE 500, HOUSTON TX 77057
Jeffrey L Berenson	director	C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Kaumudi Kay Kapoor	director	9814 POTOMAC MANORS DRIVE, POTOMAC MD 20854
David Panton	director	C/O D AND Z MEDIA ACQUISITION CORP., 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305
Ronald Kasner	director	667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Amir M. Hegazy	officer: Chief Financial Officer	667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Gal Munda	director	667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Mohammed M. Ansari	director, officer: Chief Executive Officer	667 MADISON AVENUE, 18TH FLOOR, C/O BERENSON ACQUISITION CORP. I, NEW YORK NY 10065
Berenson Spac Holdings I, Llc	10 percent owner	667 MADISON AVENUE, 18TH FLOOR, NEW YORK NY 10065