Denali Capital Acquisition (Denali Capital Acquisition) Debt-to-Equity : 0.04 (As of Dec. 2023)

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What is Denali Capital Acquisition Debt-to-Equity?

Denali Capital Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.82 Mil. Denali Capital Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Denali Capital Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $42.20 Mil. Denali Capital Acquisition's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

DECA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.04 Max: 0.04
Current: 0.04

During the past 2 years, the highest Debt-to-Equity Ratio of Denali Capital Acquisition was 0.04. The lowest was 0.04. And the median was 0.04.

DECA's Debt-to-Equity is ranked better than
75.5% of 302 companies
in the Diversified Financial Services industry
Industry Median: 0.12 vs DECA: 0.04

Denali Capital Acquisition Debt-to-Equity Historical Data

The historical data trend for Denali 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.

Denali Capital Acquisition Debt-to-Equity Chart

Denali Capital Acquisition Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.04

Denali Capital Acquisition Quarterly Data
	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-	-	0.01	0.02	0.04

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

For the Shell Companies subindustry, Denali 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.

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

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

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

Denali Capital Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Denali Capital Acquisition'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
	=	(1.818	+	0)	/	42.196
	=	0.04

Denali Capital Acquisition'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
	=	(1.818	+	0)	/	42.196
	=	0.04

Denali Capital Acquisition (NAS:DECA) 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.

Denali Capital Acquisition Debt-to-Equity Related Terms

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

Denali Capital Acquisition (Denali Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Denali Capital Acquisition Corp (NAS:DECA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

437 Madison Avenue, 27th Floor, New York, NY, USA, 10022

Website

Denali Capital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Executives

Huifeng Chang	director	10 EASTERN DRIVE, PRINCENTON JUNCTION NJ 08550
Kevin Vassily	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Lei Huang	director, officer: Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021
Jim Mao	director	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
You Sun	officer: Chief Financial Officer	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jiandong Xu	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Denali Capital Global Investments Llc	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022