DP Cap Acquisition I (DP Cap Acquisition I) Cash-to-Debt : 0.09 (As of Dec. 2023)

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What is DP Cap 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. DP Cap Acquisition I's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.09.

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, DP Cap Acquisition I 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 DP Cap Acquisition I's Cash-to-Debt or its related term are showing as below:

DPCS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.21 Max: 0.31
Current: 0.09

During the past 3 years, DP Cap Acquisition I's highest Cash to Debt Ratio was 0.31. The lowest was 0.09. And the median was 0.21.

DPCS's Cash-to-Debt is ranked worse than
78.58% of 551 companies
in the Diversified Financial Services industry
Industry Median: 3.34 vs DPCS: 0.09

DP Cap Acquisition I Cash-to-Debt Historical Data

The historical data trend for DP Cap 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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DP Cap Acquisition I Cash-to-Debt Chart

DP Cap Acquisition I Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

0.31

0.21

0.09

DP Cap Acquisition I Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial						0.21	0.18	0.15	0.13	0.09

Competitive Comparison of DP Cap Acquisition I's Cash-to-Debt

For the Shell Companies subindustry, DP Cap 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.

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

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

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

DP Cap 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.

DP Cap Acquisition I's Cash to Debt Ratio for the fiscal year 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)
	=	0.41	/	(0	+	4.6)
	=	0.09

DP Cap Acquisition I'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)
	=	0.41	/	(0	+	4.6)
	=	0.09

DP Cap Acquisition I (NAS:DPCS) 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.

DP Cap Acquisition I Cash-to-Debt Related Terms

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

DP Cap Acquisition I (DP Cap Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DP Cap Acquisition Corp I (NAS:DPCS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

341 Newbury Street, 6th Floor, Boston, MA, USA, 02115

Website

https://www.datapointcapital.com

DP Cap Acquisition Corp I is a blank check company.

Executives

Bruce Revzin	officer: Chief Financial Officer	C/O DP CAP ACQUISITION CORP I, 341 NEWBURY STREET, 6TH FLOOR, BOSTON MA 02115
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Daniel Patrick Lynch	officer: Chief Financial Officer	C/O DP CAP ACQUISITION CORP I, 341 NEWBURY STREET, 6TH FLOOR, BOSTON MA 02115
Leonard A Schlesinger	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Scott L Savitz	director, 10 percent owner	C/O DP CAP ACQUISITION CORP I, ONE MARINA PARK DRIVE, 10TH FLOOR, BOSTON MA 02210
Data Point Capital Iii-q, L.p.	director, 10 percent owner	ONE MARINA PARK DRIVE, 10TH FLOOR, BOSTON MA 02210
Data Point Capital Iii, L.p.	director, 10 percent owner	ONE MARINA PARK DRIVE, 10TH FLOOR, BOSTON MA 02210
Martin Guillermo Zinny	director, officer: CEO, CFO	C/O DP CAP ACQUISITION CORP I, ONE MARINA PARK DRIVE, 10TH FLOOR, BOSTON MA 02210
Lars Lawrence Albright	director	C/O DP CAP ACQUISITION CORP I, ONE MARINA PARK DRIVE, 10TH FLOOR, BOSTON MA 02210
Data Point Partners Iii, Llc	director, 10 percent owner	ONE MARINA PARK DRIVE, 10TH FLOOR, BOSTON MA 02210

DP Cap Acquisition I (DP Cap Acquisition I) Headlines

From GuruFocus

DP Cap Acquisition Corp I Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing December 30, 2021

By PRNewswire PRNewswire • 12-23-2021