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Capitalworks Emerging Markets Acquisition (Capitalworks Emerging Markets Acquisition) Cash-to-Debt : 0.06 (As of Dec. 2023)


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What is Capitalworks Emerging Markets Acquisition 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. Capitalworks Emerging Markets Acquisition's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Capitalworks Emerging Markets Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Capitalworks Emerging Markets Acquisition's Cash-to-Debt or its related term are showing as below:

CMCA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 5000.06   Max: No Debt
Current: 0.06

During the past 2 years, Capitalworks Emerging Markets Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 5000.06.

CMCA's Cash-to-Debt is ranked worse than
83.52% of 540 companies
in the Diversified Financial Services industry
Industry Median: 5.48 vs CMCA: 0.06

Capitalworks Emerging Markets Acquisition Cash-to-Debt Historical Data

The historical data trend for Capitalworks Emerging Markets Acquisition'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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Capitalworks Emerging Markets Acquisition Cash-to-Debt Chart

Capitalworks Emerging Markets Acquisition Annual Data
Trend Mar22 Mar23
Cash-to-Debt
No Debt 0.11

Capitalworks Emerging Markets Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only No Debt 0.11 0.01 0.06 0.06

Competitive Comparison of Capitalworks Emerging Markets Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Capitalworks Emerging Markets Acquisition'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.

Capitalworks Emerging Markets Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Capitalworks Emerging Markets Acquisition's Cash-to-Debt falls into.


Capitalworks Emerging Markets Acquisition 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.

Capitalworks Emerging Markets Acquisition's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.09 / (0.8 + 0)
=0.11

Capitalworks Emerging Markets Acquisition's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio= Cash, Cash Equivalents, Marketable Securities / Total Debt
= Cash, Cash Equivalents, Marketable Securities / (Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation)
=0.122 / (2.07 + 0)
=0.06

* 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.

Capitalworks Emerging Markets Acquisition  (NAS:CMCA) 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.

Capitalworks Emerging Markets Acquisition Cash-to-Debt Related Terms

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Capitalworks Emerging Markets Acquisition (Capitalworks Emerging Markets Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Capitalworks Emerging Markets Acquisition Corp (NAS:CMCA) » Definitions » Cash-to-Debt
Comparable Companies
CITE PFTA TGAA TWOA CHAA CBRG BLUA HWEL PWUP NNAG PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 11th Floor, New York, NY, USA, 10105
Website
https://www.cemac.online
Capitalworks Emerging Markets Acquisition Corp is a blank check company.
Executives
Michael Faber director 701 PENNSYLVANIA AVENUE NW, SUITE 900, WASHINGTON DC DC 20004
Herman Kotze officer: CFO and Secretary 4TH FLOOR, NORTH WING, PRESIDENT PLACE, CNR JAN SMUTS AVENUE, ROSEBANK, JOHANNESBURG T3 RSA
Darius James Roth director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Olivia Ouyang director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Whitney Baker director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Cemac Sponsor Lp 10 percent owner 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Roberta F. Brzezinski director, officer: Chief Executive Officer 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018
Neil Harper director 25 WEST 39TH STREET, SUITE 700, NEW YORK NY 10018