AfterNext HealthTech Acquisition (AfterNext HealthTech Acquisition) Debt-to-Equity : 0.01 (As of Jun. 2023)

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What is AfterNext HealthTech Acquisition Debt-to-Equity?

AfterNext HealthTech Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.00 Mil. AfterNext HealthTech Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. AfterNext HealthTech Acquisition's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $247.56 Mil. AfterNext HealthTech Acquisition's debt to equity for the quarter that ended in Jun. 2023 was 0.01.

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

AFTR.U' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.01
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of AfterNext HealthTech Acquisition was 0.01. The lowest was 0.01. And the median was 0.01.

AFTR.U's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs AFTR.U: 0.01

AfterNext HealthTech Acquisition Debt-to-Equity Historical Data

The historical data trend for AfterNext HealthTech 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.

AfterNext HealthTech Acquisition Debt-to-Equity Chart

AfterNext HealthTech Acquisition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.01

AfterNext HealthTech Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial				0.01	0.01	0.01	0.01	0.01

Competitive Comparison of AfterNext HealthTech Acquisition's Debt-to-Equity

For the Shell Companies subindustry, AfterNext HealthTech 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.

AfterNext HealthTech Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

AfterNext HealthTech Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AfterNext HealthTech 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
	=	(2	+	0)	/	242.68
	=	0.01

AfterNext HealthTech Acquisition's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(2	+	0)	/	247.561
	=	0.01

AfterNext HealthTech Acquisition (NYSE:AFTR.U) 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.

AfterNext HealthTech Acquisition Debt-to-Equity Related Terms

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AfterNext HealthTech Acquisition (AfterNext HealthTech Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AfterNext HealthTech Acquisition Corp (NYSE:AFTR.U) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 Commerce Street, Suite 3300, City Fort Worth, TX, USA, 76102

Website

AfterNext HealthTech Acquisition Corp is a blank check company.

AfterNext HealthTech Acquisition (AfterNext HealthTech Acquisition) Headlines

From GuruFocus

AfterNext HealthTech Acquisition Corp. Announces Closing of $250 Million Initial Public Offering

By Business Wire Business Wire • 08-16-2021

AfterNext HealthTech Acquisition Corp. Announces the Separate Trading of Its Class A Ordinary Shares and Warrants Commencing October 4, 2021

By Business Wire Business Wire • 09-29-2021