DT Cloud Acquisition (DT Cloud Acquisition) Debt-to-Equity : -1.51 (As of Dec. 2023)

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What is DT Cloud Acquisition Debt-to-Equity?

DT Cloud Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil. DT Cloud Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. DT Cloud Acquisition's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.14 Mil. DT Cloud Acquisition's debt to equity for the quarter that ended in Dec. 2023 was -1.51.

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

DYCQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.7 Med: -2.11 Max: -1.51
Current: -1.51

During the past 2 years, the highest Debt-to-Equity Ratio of DT Cloud Acquisition was -1.51. The lowest was -2.70. And the median was -2.11.

DYCQ's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs DYCQ: -1.51

DT Cloud Acquisition Debt-to-Equity Historical Data

The historical data trend for DT Cloud 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.

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DT Cloud Acquisition Debt-to-Equity Chart

DT Cloud Acquisition Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

-2.70

-1.51

DT Cloud Acquisition Quarterly Data
	Jul22	Dec22	Dec23
Debt-to-Equity	3.41	-2.70	-1.51

Competitive Comparison of DT Cloud Acquisition's Debt-to-Equity

For the Shell Companies subindustry, DT Cloud 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.

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

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

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

DT Cloud Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DT Cloud 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
	=	(0.218	+	0)	/	-0.144
	=	-1.51

DT Cloud Acquisition's Debt to Equity Ratio for the quarter 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
	=	(0.218	+	0)	/	-0.144
	=	-1.51

DT Cloud Acquisition (NAS:DYCQ) 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.

DT Cloud Acquisition Debt-to-Equity Related Terms

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

DT Cloud Acquisition (DT Cloud Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Orange Street, London, GBR, WC2H 7HF

Website

DT Cloud Acquisition Corp is a newly incorporated blank check company.

DT Cloud Acquisition (DT Cloud Acquisition) Headlines

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