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LAMF Global Ventures I (LAMF Global Ventures I) Debt-to-Equity : 0.00 (As of Dec. 2023)


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What is LAMF Global Ventures I Debt-to-Equity?

LAMF Global Ventures I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. LAMF Global Ventures I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. LAMF Global Ventures I's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $13.58 Mil. LAMF Global Ventures I's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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 LAMF Global Ventures I's Debt-to-Equity or its related term are showing as below:

LGVC's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

LAMF Global Ventures I Debt-to-Equity Historical Data

The historical data trend for LAMF Global Ventures I'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.

LAMF Global Ventures I Debt-to-Equity Chart

LAMF Global Ventures I Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - -

LAMF Global Ventures I Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of LAMF Global Ventures I's Debt-to-Equity

For the Shell Companies subindustry, LAMF Global Ventures I'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.

LAMF Global Ventures I's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, LAMF Global Ventures I's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where LAMF Global Ventures I's Debt-to-Equity falls into.


LAMF Global Ventures I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LAMF Global Ventures I'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
=(0 + 0) / 13.584
=0.00

LAMF Global Ventures I'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
=(0 + 0) / 13.584
=0.00

* 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.

LAMF Global Ventures I  (NAS:LGVC) 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.

LAMF Global Ventures I Debt-to-Equity Related Terms

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

LAMF Global Ventures I (LAMF Global Ventures I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LAMF Global Ventures Corp I (NAS:LGVC) » Definitions » Debt-to-Equity
Comparable Companies
IRRX CSTA FDOC DHCA RMGC CNDB ALSA TWLV VMCA FRXB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
9255 Sunset Blvd, Suite 515, West Hollywood, CA, USA, 90069
Website
https://lamfglobal.com
LAMF Global Ventures Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Christina Spade director 11 PENN PLAZA, NEW YORK NY 10001
Lamf Spac Holdings I Llc director, 10 percent owner, other: Director by Deputization 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Simon Horsman director, officer: Chief Executive Officer 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Jeffrey Soros director, officer: Chairman 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Morgan Iii Earnest officer: Chief Financial Officer 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Adriana Machado director 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Michael Burton Brown director 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069
Lamf Spac I Llc 10 percent owner 9255 SUNSET BOULEVARD, SUITE 515, WEST HOLLYWOOD CA 90069