Social Leverage Acquisition I (Social Leverage Acquisition I) Cash-to-Debt : 0.33 (As of Sep. 2023)

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

What is Social Leverage Acquisition I 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. Social Leverage Acquisition I's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.33.

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, Social Leverage Acquisition I 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 Social Leverage Acquisition I's Cash-to-Debt or its related term are showing as below:

SLAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.33 Med: 0.73 Max: No Debt
Current: 0.33

During the past 3 years, Social Leverage Acquisition I's highest Cash to Debt Ratio was No Debt. The lowest was 0.33. And the median was 0.73.

SLAC's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.43 vs SLAC: 0.33

Social Leverage Acquisition I Cash-to-Debt Historical Data

The historical data trend for Social Leverage Acquisition I'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.

Social Leverage Acquisition I Cash-to-Debt Chart

Social Leverage Acquisition I Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

No Debt

2.25

Social Leverage Acquisition I Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial						0.73	2.25	0.45	0.49	0.33

Competitive Comparison of Social Leverage Acquisition I's Cash-to-Debt

For the Shell Companies subindustry, Social Leverage Acquisition I'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.

Social Leverage Acquisition I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

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

Social Leverage Acquisition I 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.

Social Leverage Acquisition I'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)
	=	1.667	/	(0	+	0.742)
	=	2.25

Social Leverage Acquisition I'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)
	=	0.265	/	(0	+	0.794)
	=	0.33

Social Leverage Acquisition I (NAS:SLAC) 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.

Social Leverage Acquisition I Cash-to-Debt Related Terms

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

Social Leverage Acquisition I (Social Leverage Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Social Leverage Acquisition Corp I (NAS:SLAC) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SLACU:USA

Address

8390 E. Via de Ventura, Suite F110-207, Scottsdale, AZ, USA, 85258

Website

https://www.socialleverageholdings.com

Social Leverage Acquisition Corp I is a blank check company.

Executives

Paul Grinberg	director, officer: COB of Directors	C/O ENCORE CAPITAL GROUP INC, 8875 AERO DRIVE, SUITE 200, SAN DIEGO CA 92123
Ross Mason	director	77 GEARY STREET, SUITE 400, SAN FRANCISCO CA 94108
Social Leverage Acquisition Sponsor I Llc	10 percent owner	8390 E. VIA DE VENTURA SUITE F110-207, SCOTTSDALE AZ 85258
Michael J. Marquez	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Katherine Rosa	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Douglas Horlick	officer: President and COO	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Michael Lazerow	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Howard Lindzon	director, officer: Chief Executive Officer	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258
Brian Norgard	director	8390 E. VIA DE VENTURA, SUITE F110-207, SCOTTSDALE AZ 85258

Social Leverage Acquisition I (Social Leverage Acquisition I) Headlines

From GuruFocus

Social Leverage Acquisition Corp I Transfers Listing to the Nasdaq Stock Market LLC

By Business Wire Business Wire • 12-13-2022

Social Leverage Acquisition Corp I and W3BCLOUD Announce Revised Business Combination Transaction Terms

By Business Wire Business Wire • 04-21-2023

Social Leverage Acquisition Corp I Receives Expected Notice from the NYSE Regarding Delayed Filing of Quarterly Report

By Business Wire Business Wire • 05-28-2021

W3BCLOUD to Go Public via Business Combination With Social Leverage Acquisition Corp I

By Business Wire Business Wire • 08-01-2022