Trailblazer Merger I (Trailblazer Merger I) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Trailblazer Merger I Debt-to-Equity?

Trailblazer Merger I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.01 Mil. Trailblazer Merger I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Trailblazer Merger I's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $70.92 Mil. Trailblazer Merger I'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 Trailblazer Merger I's Debt-to-Equity or its related term are showing as below:

TBMC' s Debt-to-Equity Range Over the Past 10 Years
Min: -26 Med: 0.01 Max: 11.25
Current: 0.01

During the past 3 years, the highest Debt-to-Equity Ratio of Trailblazer Merger I was 11.25. The lowest was -26.00. And the median was 0.01.

TBMC's Debt-to-Equity is ranked better than
99.66% of 292 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs TBMC: 0.01

Trailblazer Merger I Debt-to-Equity Historical Data

The historical data trend for Trailblazer Merger I'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.

Trailblazer Merger I Debt-to-Equity Chart

Trailblazer Merger I Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

-50.00

11.25

0.01

Trailblazer Merger I Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial				0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Trailblazer Merger I's Debt-to-Equity

For the Shell Companies subindustry, Trailblazer Merger I'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.

Trailblazer Merger I's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Trailblazer Merger I's Debt-to-Equity falls into.

Trailblazer Merger I Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trailblazer Merger I'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
	=	(0.322	+	0)	/	70.548
	=	0.00

Trailblazer Merger I'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
	=	(1.012	+	0)	/	70.92
	=	0.01

Trailblazer Merger I (NAS:TBMC) 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.

Trailblazer Merger I Debt-to-Equity Related Terms

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Trailblazer Merger I (Trailblazer Merger I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trailblazer Merger Corp I (NAS:TBMC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

510 Madison Avenue, Suite 1401, New York, NY, USA, 10022

Website

Trailblazer Merger Corp I is a blank check company.

Executives

Scott R Burell	officer: Chief Financial Officer	6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Joseph D Hammer	director	150 CENTRAL PARK SOUTH, 2ND FLOOR, NEW YORK NY 10019
Arie Rabinowitz	director, officer: CEO and Director	510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Barak Avitbul	director	510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Olga Castells	director	510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Yosef Eichorn	officer: Chief Development Officer	510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Trailblazer Sponsor Group, Llc	10 percent owner	510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Patrick M. Donovan	director	510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022

Trailblazer Merger I (Trailblazer Merger I) Headlines

From GuruFocus

Trailblazer Merger Corporation I Announces Pricing of $60,000,000 Initial Public Offering on Nasdaq

By ACCESSWIRE ACCESSWIRE • 03-29-2023