Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Debt-to-Equity : 0.05 (As of Sep. 2023)

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What is Acropolis Infrastructure Acquisition Debt-to-Equity?

Acropolis Infrastructure Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.30 Mil. Acropolis Infrastructure Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Acropolis Infrastructure Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $63.26 Mil. Acropolis Infrastructure Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.05.

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 Acropolis Infrastructure Acquisition's Debt-to-Equity or its related term are showing as below:

ACRO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.05
Current: 0.05

During the past 3 years, the highest Debt-to-Equity Ratio of Acropolis Infrastructure Acquisition was 0.05. The lowest was 0.01. And the median was 0.01.

ACRO's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs ACRO: 0.05

Acropolis Infrastructure Acquisition Debt-to-Equity Historical Data

The historical data trend for Acropolis Infrastructure Acquisition'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.

Acropolis Infrastructure Acquisition Debt-to-Equity Chart

Acropolis Infrastructure Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.01

Acropolis Infrastructure Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							0.01	0.01	0.01	0.05	0.05

Competitive Comparison of Acropolis Infrastructure Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Acropolis Infrastructure Acquisition'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.

Acropolis Infrastructure Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Acropolis Infrastructure Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acropolis Infrastructure Acquisition'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
	=	(3.3	+	0)	/	332.309
	=	0.01

Acropolis Infrastructure Acquisition'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
	=	(3.3	+	0)	/	63.257
	=	0.05

Acropolis Infrastructure Acquisition (NYSE:ACRO) 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.

Acropolis Infrastructure Acquisition Debt-to-Equity Related Terms

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

Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Acropolis Infrastructure Acquisition Corp (NYSE:ACRO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 West 57th Street, 42nd Floor, New York, NY, USA, 10019

Website

https://www.acropolisinfrastructure.com

Acropolis Infrastructure Acquisition Corp is a blank check company.

Executives

Sanjay H Patel	director, officer: Chief Executive Officer	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, NEW YORK NY 10019
Ian Deason	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Principal Holdings Iii, L.p.	10 percent owner	C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Apollo Principal Holdings Iii Gp Ltd	10 percent owner	C/O INTERTRUST CORPORATE SERVICES, (CAYMAN) LIMITED, 190 ELGIN STREET, GEORGE TOWN E9 KY1-9005
Curtis A Morgan	director	1155 PERIMETER CENTER WEST, ATLANTA GA 30338
Theresa Wise	director	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Geoffrey Strong	director, officer: Chief Executive Officer	C/O APOLLO MANAGEMENT, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
James Crossen	officer: CFO, CAO and Secretary	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Ap Caps Ii Holdings Gp, Llc	10 percent owner	C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD., GEORGE TOWN E9 KY1-9008
Acropolis Infrastructure Acquisition Sponsor L.p.	10 percent owner	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Dylan Foo	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
David Jonathan Small	director	9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019

Acropolis Infrastructure Acquisition (Acropolis Infrastructure Acquisition) Headlines

From GuruFocus

Acropolis Infrastructure Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Warrants, Commencing August 30, 2021

By Marketwired Marketwired • 08-27-2021