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StoneBridge Acquisition (StoneBridge Acquisition) Debt-to-Equity : 0.19 (As of Sep. 2023)


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What is StoneBridge Acquisition Debt-to-Equity?

StoneBridge Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.63 Mil. StoneBridge Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. StoneBridge Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $13.55 Mil. StoneBridge Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.19.

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

APAC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.19
Current: 0.19

During the past 2 years, the highest Debt-to-Equity Ratio of StoneBridge Acquisition was 0.19. The lowest was 0.01. And the median was 0.10.

APAC's Debt-to-Equity is ranked worse than
67.56% of 299 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs APAC: 0.19

StoneBridge Acquisition Debt-to-Equity Historical Data

The historical data trend for StoneBridge 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.

StoneBridge Acquisition Debt-to-Equity Chart

StoneBridge Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- 0.01

StoneBridge Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.01 0.08 0.11 0.19

Competitive Comparison of StoneBridge Acquisition's Debt-to-Equity

For the Shell Companies subindustry, StoneBridge 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.


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

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

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



StoneBridge Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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.


StoneBridge Acquisition  (NAS:APAC) 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.


StoneBridge Acquisition Debt-to-Equity Related Terms

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


StoneBridge Acquisition (StoneBridge Acquisition) Business Description

Traded in Other Exchanges
Address
One World Trade Center, Suite 8500, New York, NY, USA, 10007
StoneBridge Acquisition Corp is a blank check company.
Executives
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Jeffrey Najarian director 9 DESBROSSES STREET, SUITE 402, NEW YORK NY 10013
Stonebridge Acquisition Sponsor Llc 10 percent owner 1104 LINNEA LN., SOUTHLAKE TX 76092
Prabhu Antony director, officer: CFO, President and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Richard B Saldanha director 1104 LINNEA LN, SOUTHLAKE TX 76092
Naresh Kothari director 1104 LINNEA LN, SOUTHLAKE TX 76092
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bhargava Marepally director, officer: CEO and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bp Spac Sponsor Llc 10 percent owner 1104 LINNEA LN, SOUTHLAKE TX 76092

StoneBridge Acquisition (StoneBridge Acquisition) Headlines

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