Sizzle Acquisition (Sizzle Acquisition) Debt-to-Equity : 0.05 (As of Sep. 2023)

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What is Sizzle Acquisition Debt-to-Equity?

Sizzle Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.96 Mil. Sizzle Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Sizzle Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $20.30 Mil. Sizzle Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.05.

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 Sizzle Acquisition's Debt-to-Equity or its related term are showing as below:

SZZL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 14.36
Current: 0.05

During the past 3 years, the highest Debt-to-Equity Ratio of Sizzle Acquisition was 14.36. The lowest was 0.00. And the median was 0.00.

SZZL's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs SZZL: 0.05

Sizzle Acquisition Debt-to-Equity Historical Data

The historical data trend for Sizzle 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.

Sizzle Acquisition Debt-to-Equity Chart

Sizzle Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

3.17

Sizzle Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							-	-	-	0.02	0.05

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

For the Shell Companies subindustry, Sizzle 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.

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

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

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

Sizzle Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sizzle 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
	=	(0.153	+	0)	/	150.743
	=	0.00

Sizzle 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
	=	(0.964	+	0)	/	20.298
	=	0.05

Sizzle Acquisition (NAS:SZZL) 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.

Sizzle Acquisition Debt-to-Equity Related Terms

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Sizzle Acquisition (Sizzle Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

4201 Georgia Avenue NW, Washington, DC, USA, 20011

Website

https://sizzlespac.com

Sizzle Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

Executives

Warren M Thompson	director	4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Jamieson Karson	director, 10 percent owner	C/O STEVEN MADDEN LTD, 52 16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Karen A Kelley	director	6475 CHRISTIE AVENUE, SUITE 150, EMERYVILLE CA 94608
Vo Sponsor, Llc	10 percent owner	4201 GEORGIA AVE NW, WASHINGTON DC 20011
Daniel Christopher Lee	officer: Head of Business Development	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Steve Salis	director, 10 percent owner, officer: Chief Executive Officer	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
David Perlin	director	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Nestor Nova	officer: CFO & Secretary	4201 GEORGIA AVENUE NW, WASHINGTON DC 20011