Epic Acquisition (XAMS:EPIC) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Epic 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. Epic Acquisition's cash to debt ratio for the quarter that ended in Sep. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Epic Acquisition could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Epic Acquisition's Cash-to-Debt or its related term are showing as below:

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

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

XAMS:EPIC's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.775 vs XAMS:EPIC: No Debt

Epic Acquisition Cash-to-Debt Historical Data

The historical data trend for Epic 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.

* Premium members only.

Epic Acquisition Cash-to-Debt Chart

Epic Acquisition Annual Data

Trend

Sep21

Sep22

Sep23

Cash-to-Debt

N/A

No Debt

Epic Acquisition Semi-Annual Data
	Mar22	Mar23	Sep23
Cash-to-Debt	No Debt	No Debt	No Debt

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

For the Shell Companies subindustry, Epic 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.

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

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

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

Epic 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.

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

Epic Acquisition had no debt ⁽¹⁾.

Epic Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Epic Acquisition had no debt ⁽¹⁾.

Epic Acquisition (XAMS:EPIC) 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.

Epic Acquisition Cash-to-Debt Related Terms

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

Epic Acquisition (XAMS:EPIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Epic Acquisition Corp (XAMS:EPIC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

190 Elgin Avenue, George Town, CYM, KY1-9008

Website

https://www.epicacquisitioncorp.com

Epic Acquisition Corp is a special purpose acquisition company aimed at acquiring companies operating in the consumer sector in the European Economic Area or the United Kingdom.

Epic Acquisition (XAMS:EPIC) Headlines

No Headlines

Epic Acquisition (XAMS:EPIC) Cash-to-Debt : No Debt (1) (As of Sep. 2023)