GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Roth CH Acquisition Co (OTCPK:USCTF) » Definitions » Debt-to-Equity

Roth CH Acquisition Co (Roth CH Acquisition Co) Debt-to-Equity : 0.04 (As of Mar. 2024)


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

What is Roth CH Acquisition Co Debt-to-Equity?

Roth CH Acquisition Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.93 Mil. Roth CH Acquisition Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Roth CH Acquisition Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $21.91 Mil. Roth CH Acquisition Co's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

USCTF' s Debt-to-Equity Range Over the Past 10 Years
Min: -7.74   Med: 0.03   Max: 2.67
Current: 0.04

During the past 3 years, the highest Debt-to-Equity Ratio of Roth CH Acquisition Co was 2.67. The lowest was -7.74. And the median was 0.03.

USCTF's Debt-to-Equity is ranked better than
77.7% of 296 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs USCTF: 0.04

Roth CH Acquisition Co Debt-to-Equity Historical Data

The historical data trend for Roth CH Acquisition Co'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.

Roth CH Acquisition Co Debt-to-Equity Chart

Roth CH Acquisition Co Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.03

Roth CH Acquisition Co Quarterly Data
Apr21 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 - - 0.02 0.03 0.04

Competitive Comparison of Roth CH Acquisition Co's Debt-to-Equity

For the Shell Companies subindustry, Roth CH Acquisition Co'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.

Roth CH Acquisition Co's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


Roth CH Acquisition Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Roth CH Acquisition Co'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
=(0.683 + 0) / 21.632
=0.03

Roth CH Acquisition Co'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
=(0.925 + 0) / 21.911
=0.04

* 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.

Roth CH Acquisition Co  (OTCPK:USCTF) 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.

Roth CH Acquisition Co Debt-to-Equity Related Terms

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

Roth CH Acquisition Co (Roth CH Acquisition Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Roth CH Acquisition Co (OTCPK:USCTF) » Definitions » Debt-to-Equity
Comparable Companies
EAC TMTC PUCK ARYD AACI NRAC MOBV BHAC WRAC EMCG PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
400 Continental Boulevard, Suite 600, El Segundo, CA, USA, 90245
Website
https://www.tkbtech.com
Roth CH Acquisition Co Formerly TKB Critical Technologies 1 is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
William Zerella director C/O FITBIT, INC., 405 HOWARD STREET, SAN FRANCISCO CA 94105
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Ryan Ohara director 6922 HOLLYWOOD BLVD., 12TH FL, LOS ANGELES CA 90028
Angela Blatteis director, 10 percent owner, officer: Co-CEO and CFO 7 BEVERLY PARK, BEVERLY HILLS CA 90210
Philippe Tartavull director, 10 percent owner, officer: Executive Chairman 2851 WEST KATHLEEN ROAD, PHOENIX AZ 85053
Tkb Sponsor I, Llc 10 percent owner 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245
Michael Herson director 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245
Greg M Klein director, 10 percent owner, officer: Co-Chief Executive Officer 400 CONTINENTAL BLVD, SUITE 600, EL SEGUNDO CA 90245