GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Newcourt Acquisition Corp (NAS:NCACU) » Definitions » Debt-to-Equity

Newcourt Acquisition (Newcourt Acquisition) Debt-to-Equity : 0.00 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Newcourt Acquisition Debt-to-Equity?

Newcourt Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Newcourt Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Newcourt Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-3.50 Mil. Newcourt Acquisition's debt to equity for the quarter that ended in Sep. 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 Newcourt Acquisition's Debt-to-Equity or its related term are showing as below:

NCACU' s Debt-to-Equity Range Over the Past 10 Years
Min: -10   Med: -0.61   Max: 0.81
Current: -0.34

During the past 2 years, the highest Debt-to-Equity Ratio of Newcourt Acquisition was 0.81. The lowest was -10.00. And the median was -0.61.

NCACU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs NCACU: -0.34

Newcourt Acquisition Debt-to-Equity Historical Data

The historical data trend for Newcourt 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.

Newcourt Acquisition Debt-to-Equity Chart

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

Newcourt Acquisition Quarterly Data
Feb21 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 - - 0.45 0.81 -

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

For the Shell Companies subindustry, Newcourt 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.

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

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

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


Newcourt Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Newcourt 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) / 244.66
=0.00

Newcourt 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 + 0) / -3.497
=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.

Newcourt Acquisition  (NAS:NCACU) 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.

Newcourt Acquisition Debt-to-Equity Related Terms

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

Newcourt Acquisition (Newcourt Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Newcourt Acquisition Corp (NAS:NCACU) » Definitions » Debt-to-Equity
Comparable Companies
GAMC MARX FTII FNVT HSPO TENK ATMV CNGL LATG DIST PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
NCAC:USA
Address
2201 Broadway, Suite 705, Oakland, CA, USA, 94612
Website
Newcourt Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Van De Vyver Jurgen Johannes officer: Chief Financial Officer 1817 CALIFORNIA STREET APT 025, SAN FRANCISCO CA 94109
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Newcourt Spac Sponsor Llc 10 percent owner 2201 BROADWAY, SUITE 705, OAKLNAD CA 94612
Marc Gregory Balkin director, officer: Chief Executive Officer 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Daniel C Rogers officer: Chief Financial Officer 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Simran Rekhi Aggarwal director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Rohit Bodas director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Michael Jordaan director 2201 BROADWAY, SUITE 705, OAKLAND CA 94612
Nicole Farb director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612