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Northern Star Investment III (Northern Star Investment III) Cash-to-Debt : 0.37 (As of Jun. 2023)


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What is Northern Star Investment III 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. Northern Star Investment III's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.37.

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, Northern Star Investment III couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 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 Northern Star Investment III's Cash-to-Debt or its related term are showing as below:

NSTC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.37   Med: No Debt   Max: No Debt
Current: 0.37

During the past 1 years, Northern Star Investment III's highest Cash to Debt Ratio was No Debt. The lowest was 0.37. And the median was No Debt.

NSTC's Cash-to-Debt is ranked worse than
65.52% of 551 companies
in the Diversified Financial Services industry
Industry Median: 3.34 vs NSTC: 0.37

Northern Star Investment III Cash-to-Debt Historical Data

The historical data trend for Northern Star Investment III'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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Northern Star Investment III Cash-to-Debt Chart

Northern Star Investment III Annual Data
Trend Sep22
Cash-to-Debt
No Debt

Northern Star Investment III Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt 0.37

Competitive Comparison of Northern Star Investment III's Cash-to-Debt

For the Shell Companies subindustry, Northern Star Investment III'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.


Northern Star Investment III's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Northern Star Investment III's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Northern Star Investment III's Cash-to-Debt falls into.



Northern Star Investment III 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.

Northern Star Investment III's Cash to Debt Ratio for the fiscal year that ended in Sep. 2022 is calculated as:

Northern Star Investment III had no debt (1).

Northern Star Investment III's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

* 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.


Northern Star Investment III  (OTCPK:NSTC) 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.


Northern Star Investment III Cash-to-Debt Related Terms

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


Northern Star Investment III (Northern Star Investment III) Business Description

Traded in Other Exchanges
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 44th Floor, New York, NY, USA, 10174
Northern Star Investment Corp III is a blank check company.
Executives
Jonathan J Ledecky director, 10 percent owner, officer: President, COO C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles director, 10 percent owner, officer: Chief Executive Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Northern Star Iii Sponsor Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Dasha Smith director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Justine Cheng director 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
James Vincent director C/O NORTHERN STAR INVESTMENT CORP. III, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174

Northern Star Investment III (Northern Star Investment III) Headlines