Metal Sky Star Acquisition (Metal Sky Star Acquisition) Debt-to-Equity : 0.04 (As of Sep. 2023)

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What is Metal Sky Star Acquisition Debt-to-Equity?

Metal Sky Star Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.13 Mil. Metal Sky Star Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Metal Sky Star Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $55.51 Mil. Metal Sky Star Acquisition's debt to equity for the quarter that ended in Sep. 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 Metal Sky Star Acquisition's Debt-to-Equity or its related term are showing as below:

MSSA' s Debt-to-Equity Range Over the Past 10 Years
Min: -99999999.99 Med: 0.02 Max: 0.04
Current: 0.04

During the past 2 years, the highest Debt-to-Equity Ratio of Metal Sky Star Acquisition was 0.04. The lowest was -99999999.99. And the median was 0.02.

MSSA's Debt-to-Equity is ranked better than
77.36% of 296 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs MSSA: 0.04

Metal Sky Star Acquisition Debt-to-Equity Historical Data

The historical data trend for Metal Sky Star 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.

Metal Sky Star Acquisition Debt-to-Equity Chart

Metal Sky Star Acquisition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

-86,469,112,845,513,520.00

Metal Sky Star Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				-	-	0.02	0.03	0.04

Competitive Comparison of Metal Sky Star Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Metal Sky Star 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.

Metal Sky Star Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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

Metal Sky Star Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Metal Sky Star 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)	/	113.87
	=	0.00

Metal Sky Star 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
	=	(2.126	+	0)	/	55.505
	=	0.04

Metal Sky Star Acquisition (NAS:MSSA) 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.

Metal Sky Star Acquisition Debt-to-Equity Related Terms

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Metal Sky Star Acquisition (Metal Sky Star Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Metal Sky Star Acquisition Corp (NAS:MSSA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 West 31st Street, First Floor, New York, NY, USA, 10001

Website

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

Executives

Xinghua Fan	director	132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Man Chak Leung	director, 10 percent owner, officer: CEO and Director	132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Zining Jiang	director	132, 1ST FLOOR, NEW YORK NY 10001
Zhou Wang	director	132 WEST 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
M-star Management Corp	10 percent owner	132 W 31ST STREET, 1ST FLOOR, NEW YORK NY 10001
Wenxi He	officer: Chief Financial Officer	FLAT 76 WESTMINSTER GARDENS, MARSHAM STREET, LONDON X0 SW1P4JG