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SDCL EDGE Acquisition (SDCL EDGE Acquisition) Cash-to-Debt : 0.02 (As of Mar. 2024)


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What is SDCL EDGE 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. SDCL EDGE Acquisition's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.02.

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, SDCL EDGE Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

SEDA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: No Debt   Max: No Debt
Current: 0.02

During the past 3 years, SDCL EDGE Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was No Debt.

SEDA's Cash-to-Debt is ranked worse than
93.95% of 529 companies
in the Diversified Financial Services industry
Industry Median: 5.5 vs SEDA: 0.02

SDCL EDGE Acquisition Cash-to-Debt Historical Data

The historical data trend for SDCL EDGE 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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SDCL EDGE Acquisition Cash-to-Debt Chart

SDCL EDGE Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Cash-to-Debt
No Debt No Debt 0.60

SDCL EDGE Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt 0.60 0.02

Competitive Comparison of SDCL EDGE Acquisition's Cash-to-Debt

For the Shell Companies subindustry, SDCL EDGE 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.


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

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

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



SDCL EDGE 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.

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

SDCL EDGE Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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.


SDCL EDGE Acquisition  (NYSE:SEDA) 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.


SDCL EDGE Acquisition Cash-to-Debt Related Terms

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


SDCL EDGE Acquisition (SDCL EDGE Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
60 East 42nd Street, Suite 1100, New York, NY, USA, 10165
SDCL EDGE Acquisition Corp is a blank check company.
Executives
Karl E. Olsoni director C/O SDCL EDGE ACQUISITION CORP, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Guy Hands 10 percent owner OLD BANK CHAMBERS, LA GRANDE RUE, ST MARTIN'S Y7 GY4 6RT
Seaside Holdings (nominee) Ltd 10 percent owner PO BOX 286, 2ND FLOOR, TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 4LY
Sustainable Investors Fund, Lp 10 percent owner 250 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Sif Partners, Llc 10 percent owner 250 UNIVERSITY AVE, SUITE 300, PALO ALTO CA 94301
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
William V. Kriegel director 330 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10017
Sdcl Edge Sponsor Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Sdcl Edge Acquisition Corp 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Machado Fernandes Ana Maria director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Naylor director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lolita Jackson director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Edward Wilson Davis officer: CFO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Jonathan Maxwell director, 10 percent owner, officer: Co-Chief Executive Officer PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Trattner Feldman officer: Co-CEO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104