Oyster Enterprises Acquisition (Oyster Enterprises Acquisition) Cash-to-Debt : 0.46 (As of Sep. 2022)

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What is Oyster Enterprises 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. Oyster Enterprises Acquisition's cash to debt ratio for the quarter that ended in Sep. 2022 was 0.46.

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, Oyster Enterprises 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 Oyster Enterprises Acquisition's Cash-to-Debt or its related term are showing as below:

OSTRW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.22 Med: 5000.67 Max: No Debt
Current: 0.46

During the past 2 years, Oyster Enterprises Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.22. And the median was 5000.67.

OSTRW's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.24 vs OSTRW: 0.46

Oyster Enterprises Acquisition Cash-to-Debt Historical Data

The historical data trend for Oyster Enterprises 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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Oyster Enterprises Acquisition Cash-to-Debt Chart

Oyster Enterprises Acquisition Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

0.53

1.35

Oyster Enterprises Acquisition Quarterly Data
	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	1.35	0.69	0.22	0.46

Competitive Comparison of Oyster Enterprises Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Oyster Enterprises 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.

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

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

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

Oyster Enterprises 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.

Oyster Enterprises 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)
	=	0.673	/	(0.5	+	0)
	=	1.35

Oyster Enterprises 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)
	=	0.463	/	(1	+	0)
	=	0.46

Oyster Enterprises Acquisition (NAS:OSTRW) 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.

Oyster Enterprises Acquisition Cash-to-Debt Related Terms

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Oyster Enterprises Acquisition (Oyster Enterprises Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Oyster Enterprises Acquisition Corp (NAS:OSTRW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 South Flagler Drive, Suite 800W, West Palm Beach, FL, USA, 33401

Website

https://www.oysteracquisition.com

Oyster Enterprises Acquisition Corp is a blank check company.

Oyster Enterprises Acquisition (Oyster Enterprises Acquisition) Headlines

From GuruFocus

Oyster Enterprises Acquisition Corp. Announces Key Dates in Connection with Liquidation

By Business Wire Business Wire • 12-19-2022