Kairos Acquisition (Kairos Acquisition) Cash-to-Debt : 0.23 (As of Sep. 2022)

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What is Kairos 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. Kairos Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.23.

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, Kairos Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

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

KAIRW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13 Med: 0.74 Max: No Debt
Current: 0.23

During the past 2 years, Kairos Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.13. And the median was 0.74.

KAIRW's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.56 vs KAIRW: 0.23

Kairos Acquisition Cash-to-Debt Historical Data

The historical data trend for Kairos 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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Kairos Acquisition Cash-to-Debt Chart

Kairos Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

0.40

0.74

Kairos Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	0.74	0.20	0.13	0.23

Competitive Comparison of Kairos Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Kairos 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.

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

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

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

Kairos 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.

Kairos Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	0.132	/	(0.179	+	0)
	=	0.74

Kairos Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2022 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)
	=	0.098	/	(0.43	+	0)
	=	0.23

Kairos Acquisition (NAS:KAIRW) 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.

Kairos Acquisition Cash-to-Debt Related Terms

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