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Keyarch Acquisition (Keyarch Acquisition) Debt-to-Equity : 0.06 (As of Sep. 2023)


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What is Keyarch Acquisition Debt-to-Equity?

Keyarch Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.43 Mil. Keyarch Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Keyarch Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $23.37 Mil. Keyarch Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.06.

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

KYCH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.36   Max: 10
Current: 0.06

During the past 2 years, the highest Debt-to-Equity Ratio of Keyarch Acquisition was 10.00. The lowest was 0.00. And the median was 0.36.

KYCH's Debt-to-Equity is ranked better than
67.22% of 302 companies
in the Diversified Financial Services industry
Industry Median: 0.115 vs KYCH: 0.06

Keyarch Acquisition Debt-to-Equity Historical Data

The historical data trend for Keyarch 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.

Keyarch Acquisition Debt-to-Equity Chart

Keyarch Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
10.00 -

Keyarch Acquisition Quarterly Data
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 - - - - 0.06

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

For the Shell Companies subindustry, Keyarch 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.

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

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

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


Keyarch Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Keyarch 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) / 117.969
=0.00

Keyarch 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
=(1.43 + 0) / 23.374
=0.06

* 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.

Keyarch Acquisition  (NAS:KYCH) 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.

Keyarch Acquisition Debt-to-Equity Related Terms

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

Keyarch Acquisition (Keyarch Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Keyarch Acquisition Corp (NAS:KYCH) » Definitions » Debt-to-Equity
Comparable Companies
ACAC CLOE INTE MACA WTMA ASPA LBBB AFAR OLIT ROSE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
275 Madison Avenue, 39th Floor, New York, NY, USA, 10016
Website
Keyarch Acquisition Corp is a blank check company.
Executives
Douglas Rothschild director C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Mark Taborsky director C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Keyarch Global Sponsor Ltd 10 percent owner ROOM 3008-10, COSCO TOWER, 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Kai Xiong director, officer: Chief Executive Officer C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Mei Han director C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Fang Zheng director, 10 percent owner C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Jing Lu officer: Chief Financial Officer C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077