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Slam (SLAM) Debt-to-Equity : 0.21 (As of Dec. 2023)


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What is Slam Debt-to-Equity?

Slam's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Slam's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.16 Mil. Slam's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $59.00 Mil. Slam's debt to equity for the quarter that ended in Dec. 2023 was 0.21.

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 Slam's Debt-to-Equity or its related term are showing as below:

SLAM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.21
Current: 0.21

During the past 4 years, the highest Debt-to-Equity Ratio of Slam was 0.21. The lowest was 0.00. And the median was 0.00.

SLAM's Debt-to-Equity is ranked worse than
70.39% of 304 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs SLAM: 0.21

Slam Debt-to-Equity Historical Data

The historical data trend for Slam'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.

Slam Debt-to-Equity Chart

Slam Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- - - 0.21

Slam Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.02 0.03 0.04 0.21

Competitive Comparison of Slam's Debt-to-Equity

For the Shell Companies subindustry, Slam'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.

Slam's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Slam's Debt-to-Equity falls into.


Slam Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Slam's Debt to Equity Ratio for the fiscal year that ended in Dec. 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 + 12.156) / 58.997
=0.21

Slam's Debt to Equity Ratio for the quarter that ended in Dec. 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 + 12.156) / 58.997
=0.21

* 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.

Slam  (NAS:SLAM) 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.

Slam Debt-to-Equity Related Terms

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

Slam (SLAM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Slam Corp (NAS:SLAM) » Definitions » Debt-to-Equity
Comparable Companies
CCVI TRTL NETD HCVI CXAC NFNT APGB KCGI CNDA EMLD PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
SLAMU:USA
Address
55 Hudson Yards, 47th Floor, Suite C, New York, NY, USA, 10001
Website
https://www.slamcorp.com
Slam Corp is a blank check company.
Executives
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Ann Berry director C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Jagdeep Singh director C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Kelly Laferriere officer: President C/O SIX FLAGS INC, 1540 BROADWAY, NEW YORK NY 10036
Desiree Gruber director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, #24148, MIAMI FL 33179
Himanshu Gulati director, officer: Chairman 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Slam Sponsor, Llc director, 10 percent owner 500 FIFTH AVENUE, NEW YORK NY 10110
Chetan Bansal director, officer: Chief Development Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Alexander Rodriguez director, officer: Chief Executive Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Joseph Taeid officer: Chief Financial Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Reginald Hudlin director C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110