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Accretion Acquisition (Accretion Acquisition) Debt-to-Equity : 0.02 (As of Sep. 2023)


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What is Accretion Acquisition Debt-to-Equity?

Accretion Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.95 Mil. Accretion Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Accretion Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $45.28 Mil. Accretion Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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

ENER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 6.25   Max: 6.25
Current: 0.02

During the past 2 years, the highest Debt-to-Equity Ratio of Accretion Acquisition was 6.25. The lowest was 0.02. And the median was 6.25.

ENER's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs ENER: 0.02

Accretion Acquisition Debt-to-Equity Historical Data

The historical data trend for Accretion 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.

Accretion Acquisition Debt-to-Equity Chart

Accretion Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- -

Accretion Acquisition Quarterly Data
Mar21 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 - - - 0.02 0.02

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

For the Shell Companies subindustry, Accretion 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.

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

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

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


Accretion Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Accretion 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
=(0 + 0) / 203.85
=0.00

Accretion 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
=(0.951 + 0) / 45.282
=0.02

* 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.

Accretion Acquisition  (NAS:ENER) 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.

Accretion Acquisition Debt-to-Equity Related Terms

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

Accretion Acquisition (Accretion Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Accretion Acquisition Corp (NAS:ENER) » Definitions » Debt-to-Equity
Comparable Companies
PRSR XFIN BYNO SHAP ESAC TCOA TGLO KNSW COOL IXAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
240 Saint Paul, Suite 502, Denver, CO, USA, 80206
Website
https://www.accretionacquisition.com
Accretion Acquisition Corp is a blank check company.
Executives
Christopher A Wright director 106 ALTA VISTA AVENUE, MILL VALLEY CA 94941
Cary D. Steinbeck director 950 17TH STREET, SUITE 2000, DENVER CO 80202
Daniel Silverman director, officer: COO and Director 3355 WEST ALABAMA, HOUSTON TX 77098
Charles Gwirtsman director C/O GLOBAL EMPLOYMENT HOLDINGS, INC., 10375 PARK MEADOWS DR., SUITE 375, LONE TREE CO 80124
Daniel Posner director 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
Accretion Acquisition Sponsor, Llc 10 percent owner 410 17TH STREET #1110, DENVER CO 80202
Douglas C. Sandridge officer: Vice President 240 SAINT PAUL STREET, SUITE 505, DENVER CO 80206
Hess Conor officer: Vice President 410 17TH STREET #1110, DENVER CO 80202
Michael Grant Farn officer: CFO 410 17TH STREET #1110, DENVER CO 80202
Brad Morse director, officer: CEO and Director 410 17TH STREET #1110, DENVER CO 80202
Ryan Stuart Sullivan officer: SVP and Secretary 410 17TH STREET #110, DENVER CO 80202
Ron Maor director 410 17TH STREET #1100, DENVER CO 80202