Social Leverage Acquisition I (Social Leverage Acquisition I) Debt-to-Equity : 0.10 (As of Sep. 2023)

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What is Social Leverage Acquisition I Debt-to-Equity?

Social Leverage Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Social Leverage Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.79 Mil. Social Leverage Acquisition I's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $8.29 Mil. Social Leverage Acquisition I's debt to equity for the quarter that ended in Sep. 2023 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Social Leverage Acquisition I's Debt-to-Equity or its related term are showing as below:

SLAC' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.01 Med: 0 Max: 0.12
Current: 0.1

During the past 3 years, the highest Debt-to-Equity Ratio of Social Leverage Acquisition I was 0.12. The lowest was -1.01. And the median was 0.00.

SLAC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs SLAC: 0.10

Social Leverage Acquisition I Debt-to-Equity Historical Data

The historical data trend for Social Leverage Acquisition I's Debt-to-Equity 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.

* Premium members only.

Social Leverage Acquisition I Debt-to-Equity Chart

Social Leverage Acquisition I Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

1.83

-1.01

Social Leverage Acquisition I Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						-	-1.01	0.08	0.12	0.10

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

For the Shell Companies subindustry, Social Leverage Acquisition I's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Social Leverage Acquisition I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Social Leverage Acquisition I's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.742)	/	-0.734
	=	-1.01

Social Leverage Acquisition I's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.794)	/	8.287
	=	0.10

Social Leverage Acquisition I (NAS:SLAC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Social Leverage Acquisition I Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Social Leverage Acquisition I's Debt-to-Equity 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 » Debt-to-Equity

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

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