Coastal Capital Acquisition (Coastal Capital Acquisition) Debt-to-Equity : -1.37 (As of Sep. 2023)

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What is Coastal Capital Acquisition Debt-to-Equity?

Coastal Capital Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Coastal Capital Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.10 Mil. Coastal Capital Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.08 Mil. Coastal Capital Acquisition's debt to equity for the quarter that ended in Sep. 2023 was -1.37.

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

CCAJ' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.37 Med: -1.37 Max: -1.37
Current: -1.37

During the past 0 years, the highest Debt-to-Equity Ratio of Coastal Capital Acquisition was -1.37. The lowest was -1.37. And the median was -1.37.

CCAJ's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs CCAJ: -1.37

Coastal Capital Acquisition Debt-to-Equity Historical Data

The historical data trend for Coastal Capital 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.

Coastal Capital Acquisition Debt-to-Equity Chart

Coastal Capital Acquisition Annual Data

Trend

Debt-to-Equity

Coastal Capital Acquisition Semi-Annual Data
	Sep22	Sep23
Debt-to-Equity	N/A	-1.37

Competitive Comparison of Coastal Capital Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Coastal Capital 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.

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

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

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

Coastal Capital Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Coastal Capital Acquisition's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Coastal Capital 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
	=	(0	+	0.104)	/	-0.076
	=	-1.37

Coastal Capital Acquisition (OTCPK:CCAJ) 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.

Coastal Capital Acquisition Debt-to-Equity Related Terms

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

Coastal Capital Acquisition (Coastal Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Coastal Capital Acquisition Corp (OTCPK:CCAJ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 North Laura Street, Suite 2500, Jacksonville, FL, USA, 32202

Website

https://www.coastalcapitalacquisitioncorp.com

Coastal Capital Acquisition Corp is a shell company.

Executives

Mark A Lewis	director	200 PRESEVE ST., BOZEMAN MT 59718
Midwest Merger Management Llc	10 percent owner

Coastal Capital Acquisition (Coastal Capital Acquisition) Headlines

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