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Inflection Point Acquisition II (Inflection Point Acquisition II) Cash-to-Debt : No Debt (1) (As of Dec. 2023)


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What is Inflection Point Acquisition II 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. Inflection Point Acquisition II'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, Inflection Point Acquisition II 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 Inflection Point Acquisition II's Cash-to-Debt or its related term are showing as below:

IPXX' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.76   Med: No Debt   Max: No Debt
Current: 4.76

During the past 1 years, Inflection Point Acquisition II's highest Cash to Debt Ratio was No Debt. The lowest was 4.76. And the median was No Debt.

IPXX's Cash-to-Debt is ranked better than
50.27% of 547 companies
in the Diversified Financial Services industry
Industry Median: 3.34 vs IPXX: 4.76

Inflection Point Acquisition II Cash-to-Debt Historical Data

The historical data trend for Inflection Point Acquisition II'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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Inflection Point Acquisition II Cash-to-Debt Chart

Inflection Point Acquisition II Annual Data
Trend Dec23
Cash-to-Debt
No Debt

Inflection Point Acquisition II Quarterly Data
Mar23 Jun23 Sep23 Dec23
Cash-to-Debt - No Debt No Debt No Debt

Competitive Comparison of Inflection Point Acquisition II's Cash-to-Debt

For the Shell Companies subindustry, Inflection Point Acquisition II'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.

Inflection Point Acquisition II's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Inflection Point Acquisition II's Cash-to-Debt falls into.


Inflection Point Acquisition II 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.

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

Inflection Point Acquisition II had no debt (1).

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

Inflection Point Acquisition II 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.

Inflection Point Acquisition II  (NAS:IPXX) 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.

Inflection Point Acquisition II Cash-to-Debt Related Terms

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Inflection Point Acquisition II (Inflection Point Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inflection Point Acquisition Corp II (NAS:IPXX) » Definitions » Cash-to-Debt
Comparable Companies
RENE SVII LCAA IVCB HYAC JWSM FRBN RRAC SKGR CDAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
167 Madison Avenue, Suite 205 No. 1017, New York, NY, USA, 10016
Website
Inflection Point Acquisition Corp II is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Michael Blitzer director, 10 percent owner, officer: Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter director 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Nicholas Shekerdemian director 201 EAST 21ST STREET, NEW YORK NY 10010
Elliot Richmond director GROVE LODGE, LONG GROVE, SEER GREEN X0 HP9 2QH
Inflection Point Holdings Ii Llc director, 10 percent owner, officer: See Remarks, other: See Remarks 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016
Erica Dorfman director 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016
Samuel Sayegh director 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016
Peter Ondishin officer: Chief Financial Officer 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016