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Liberty Resources Acquisition (Liberty Resources Acquisition) Cash-to-Debt : 0.01 (As of Sep. 2023)


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What is Liberty Resources 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. Liberty Resources Acquisition's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.01.

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, Liberty Resources Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

LIBY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 1   Max: No Debt
Current: 0.01

During the past 2 years, Liberty Resources Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 1.00.

LIBY's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.82 vs LIBY: 0.01

Liberty Resources Acquisition Cash-to-Debt Historical Data

The historical data trend for Liberty Resources 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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Liberty Resources Acquisition Cash-to-Debt Chart

Liberty Resources Acquisition Annual Data
Trend Dec21 Dec22
Cash-to-Debt
No Debt 0.07

Liberty Resources Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only 1.22 0.07 0.02 0.13 0.01

Competitive Comparison of Liberty Resources Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Liberty Resources 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.

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

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

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


Liberty Resources 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.

Liberty Resources Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 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 / (1.413 + 0)
=0.07

Liberty Resources Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 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)
=0.055 / (4.707 + 0)
=0.01

* 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.

Liberty Resources Acquisition  (NAS:LIBY) 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.

Liberty Resources Acquisition Cash-to-Debt Related Terms

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Liberty Resources Acquisition (Liberty Resources Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Liberty Resources Acquisition Corp (NAS:LIBY) » Definitions » Cash-to-Debt
Comparable Companies
OAKU CETU GLST ALOR YOTA HAIA NUBI SWSS BUJA CREEF PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
10 East 53rd Street, Suite 3001, New York, NY, USA, 10022
Website
Liberty Resources Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.
Executives
Garry Richard Stein director FLAT LB, 6/F, TOWER 3, AMBER HEMERA, OF LOHAS PARK, 1 LOHAS PARK ROAD, TSEUNG KWAN O, NEW TERRITORIES K3 00000
Jalil Maznah Abdul director, officer: Chairman and CEO 78 SW 7TH SUITE, SUITE 500, MIAMI FL 33130
Abd Jabbar Mohammad Faizal director 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130
Abdul Wahab Akbar Tajudin director 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130
Khalid Ahmad officer: CFO and Secretary 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130
Liberty Fields Llc 10 percent owner 78 SW 7TH STREET, SUITE 500, MIAMI FL 33130