Haymaker Acquisition 4 (Haymaker Acquisition 4) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Haymaker Acquisition 4 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. Haymaker Acquisition 4's cash to debt ratio for the quarter that ended in Dec. 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, Haymaker Acquisition 4 could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 Haymaker Acquisition 4's Cash-to-Debt or its related term are showing as below:

HYAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 5000.01 Max: No Debt
Current: No Debt

During the past 2 years, Haymaker Acquisition 4's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 5000.01.

HYAC's Cash-to-Debt is ranked better than
99.81% of 529 companies
in the Diversified Financial Services industry
Industry Median: 5.5 vs HYAC: No Debt

Haymaker Acquisition 4 Cash-to-Debt Historical Data

The historical data trend for Haymaker Acquisition 4'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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Haymaker Acquisition 4 Cash-to-Debt Chart

Haymaker Acquisition 4 Annual Data

Trend

Dec21

Dec23

Cash-to-Debt

0.02

No Debt

Haymaker Acquisition 4 Quarterly Data
	Dec21	Dec23
Cash-to-Debt	0.02	No Debt

Competitive Comparison of Haymaker Acquisition 4's Cash-to-Debt

For the Shell Companies subindustry, Haymaker Acquisition 4'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.

Haymaker Acquisition 4's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Haymaker Acquisition 4's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Haymaker Acquisition 4's Cash-to-Debt falls into.

Haymaker Acquisition 4 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.

Haymaker Acquisition 4's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Haymaker Acquisition 4 had no debt ⁽¹⁾.

Haymaker Acquisition 4's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Haymaker Acquisition 4 had no debt ⁽¹⁾.

Haymaker Acquisition 4 (NYSE:HYAC) 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.

Haymaker Acquisition 4 Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Haymaker Acquisition 4's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Haymaker Acquisition 4 (Haymaker Acquisition 4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Haymaker Acquisition Corp 4 (NYSE:HYAC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 Madison Avenue, Floor 5, New York, NY, USA, 10022

Website

https://www.haymakeracquisition.com

Haymaker Acquisition Corp 4 is a blank check company.

Executives

Andrew R Heyer	director, 10 percent owner, officer: CEO and Executive Chairman	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Steven J Heyer	director, 10 percent owner, officer: President and Director	1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Roger Meltzer	director	80 PINE STREET, C/O CAHILL GORDON& REINDELL LLP, NEW YORK NY 10005
Walter Field Mclallen	director	1225 17TH AVE SOUTH, NASHVILLE TN 37212
Christopher Bradley	officer: Chief Financial Officer	650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Haymaker Sponsor Iv Llc	10 percent owner	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10022
Brian Shimko	director	501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10022

Haymaker Acquisition 4 (Haymaker Acquisition 4) Headlines

From GuruFocus

Haymaker Acquisition Corp. 4 Announces Closing of $230,000,000 Initial Public Offering, including Underwriters' Over-Allotment Option of $30,000,000

By PRNewswire • 07-28-2023

Haymaker Acquisition 4 (Haymaker Acquisition 4) Cash-to-Debt : No Debt (1) (As of Dec. 2023)