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Kairous Acquisition (Kairous Acquisition) Debt-to-Equity : 0.25 (As of Mar. 2024)


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What is Kairous Acquisition Debt-to-Equity?

Kairous Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.52 Mil. Kairous Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Kairous Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10.25 Mil. Kairous Acquisition's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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

KACLU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.06   Max: 5.39
Current: 0.25

During the past 3 years, the highest Debt-to-Equity Ratio of Kairous Acquisition was 5.39. The lowest was 0.00. And the median was 0.06.

KACLU's Debt-to-Equity is ranked worse than
72.64% of 296 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs KACLU: 0.25

Kairous Acquisition Debt-to-Equity Historical Data

The historical data trend for Kairous 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.

Kairous Acquisition Debt-to-Equity Chart

Kairous Acquisition Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-Equity
- - 0.07

Kairous Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.07 0.10 0.22 0.25

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

For the Shell Companies subindustry, Kairous 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.


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

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

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



Kairous Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kairous Acquisition's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Kairous Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Kairous Acquisition  (NAS:KACLU) 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.


Kairous Acquisition Debt-to-Equity Related Terms

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


Kairous Acquisition (Kairous Acquisition) Business Description

Traded in Other Exchanges
Address
No. 685, Jalan Damansara, Unit 9-3, Oval Tower @ Damansara, Taman Tun Dr. Ismail, Kuala Lumpur, MYS, 60000
Kairous Acquisition Corp Ltd is a blank check company.

Kairous Acquisition (Kairous Acquisition) Headlines

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