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SDCL EDGE Acquisition (SDCL EDGE Acquisition) Debt-to-Equity : 0.01 (As of Mar. 2024)


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What is SDCL EDGE Acquisition Debt-to-Equity?

SDCL EDGE Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.39 Mil. SDCL EDGE Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. SDCL EDGE Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $128.75 Mil. SDCL EDGE Acquisition's debt to equity for the quarter that ended in Mar. 2024 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 SDCL EDGE Acquisition's Debt-to-Equity or its related term are showing as below:

SEDA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 10.01   Max: 20
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of SDCL EDGE Acquisition was 20.00. The lowest was 0.01. And the median was 10.01.

SEDA's Debt-to-Equity is ranked better than
99.66% of 296 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs SEDA: 0.01

SDCL EDGE Acquisition Debt-to-Equity Historical Data

The historical data trend for SDCL EDGE 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.

SDCL EDGE Acquisition Debt-to-Equity Chart

SDCL EDGE Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.01

SDCL EDGE Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.01

Competitive Comparison of SDCL EDGE Acquisition's Debt-to-Equity

For the Shell Companies subindustry, SDCL EDGE 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.

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

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

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


SDCL EDGE Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SDCL EDGE Acquisition'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
=(0.612 + 0) / 134.386
=0.00

SDCL EDGE Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(1.385 + 0) / 128.75
=0.01

* 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.

SDCL EDGE Acquisition  (NYSE:SEDA) 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.

SDCL EDGE Acquisition Debt-to-Equity Related Terms

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

SDCL EDGE Acquisition (SDCL EDGE Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SDCL EDGE Acquisition Corp (NYSE:SEDA) » Definitions » Debt-to-Equity
Comparable Companies
PRLH LOCC CDAQ BOCN SKGR PLAO APTM APCA MNTN JWSM PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
60 East 42nd Street, Suite 1100, New York, NY, USA, 10165
Website
https://www.sdcledge.com
SDCL EDGE Acquisition Corp is a blank check company.
Executives
Karl E. Olsoni director C/O SDCL EDGE ACQUISITION CORP, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Guy Hands 10 percent owner OLD BANK CHAMBERS, LA GRANDE RUE, ST MARTIN'S Y7 GY4 6RT
Seaside Holdings (nominee) Ltd 10 percent owner PO BOX 286, 2ND FLOOR, TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 4LY
Sustainable Investors Fund, Lp 10 percent owner 250 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Sif Partners, Llc 10 percent owner 250 UNIVERSITY AVE, SUITE 300, PALO ALTO CA 94301
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
William V. Kriegel director 330 MADISON AVENUE, 25TH FLOOR, NEW YORK NY 10017
Sdcl Edge Sponsor Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Sdcl Edge Acquisition Corp 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Machado Fernandes Ana Maria director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Naylor director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Lolita Jackson director PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Edward Wilson Davis officer: CFO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Jonathan Maxwell director, 10 percent owner, officer: Co-Chief Executive Officer PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Michael Trattner Feldman officer: Co-CEO PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104