Northern Star Investment IV (Northern Star Investment IV) Debt-to-Equity : 0.01 (As of Jun. 2023)

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

What is Northern Star Investment IV Debt-to-Equity?

Northern Star Investment IV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.15 Mil. Northern Star Investment IV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Northern Star Investment IV's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $25.50 Mil. Northern Star Investment IV's debt to equity for the quarter that ended in Jun. 2023 was 0.01.

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 Northern Star Investment IV's Debt-to-Equity or its related term are showing as below:

NSTD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 3.13 Max: 6.25
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of Northern Star Investment IV was 6.25. The lowest was 0.01. And the median was 3.13.

NSTD's Debt-to-Equity is ranked better than
99.67% of 302 companies
in the Diversified Financial Services industry
Industry Median: 0.115 vs NSTD: 0.01

Northern Star Investment IV Debt-to-Equity Historical Data

The historical data trend for Northern Star Investment IV'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.

Northern Star Investment IV Debt-to-Equity Chart

Northern Star Investment IV Annual Data

Trend

Sep21

Sep22

Debt-to-Equity

Northern Star Investment IV Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial						-	-	-	-	0.01

Competitive Comparison of Northern Star Investment IV's Debt-to-Equity

For the Shell Companies subindustry, Northern Star Investment IV'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.

Northern Star Investment IV's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Northern Star Investment IV's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Northern Star Investment IV's Debt-to-Equity falls into.

Northern Star Investment IV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Northern Star Investment IV's Debt to Equity Ratio for the fiscal year that ended in Sep. 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)	/	386.866
	=	0.00

Northern Star Investment IV's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.15	+	0)	/	25.504
	=	0.01

Northern Star Investment IV (OTCPK:NSTD) 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.

Northern Star Investment IV Debt-to-Equity Related Terms

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

Northern Star Investment IV (Northern Star Investment IV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Northern Star Investment Corp IV (OTCPK:NSTD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

NSTDU:USA

Address

c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 442020th Floor, New York, NY, USA, 10174

Website

https://www.northernstaric4.com

Northern Star Investment Corp IV is a blank check company.

Executives

Emily White	director	C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Kristen Green	director	1617 SIXTH AVE, SEATTLE WA 98101
Jonathan J Ledecky	director, 10 percent owner, officer: President and COO	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles	director, 10 percent owner, officer: Chief Executive Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Jonathan Mildenhall	director	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Northern Star Iv Sponsor Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174

Northern Star Investment IV (Northern Star Investment IV) Headlines

From GuruFocus

Northern Star Investment Corp. IV Receives NYSE Notification of Non-Compliance With Listing Rules

By Business Wire Business Wire • 06-01-2021

Northern Star Investment Corp. IV Announces Closing of Upsized $400,000,000 Initial Public Offering

By Business Wire Business Wire • 03-05-2021