Aurora Technology Acquisition (Aurora Technology Acquisition) Cash-to-Debt : 0.02 (As of Sep. 2023)

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What is Aurora Technology Acquisition Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Aurora Technology Acquisition's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Aurora Technology Acquisition couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Aurora Technology Acquisition's Cash-to-Debt or its related term are showing as below:

ATAK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 5000.13 Max: No Debt
Current: 0.02

During the past 2 years, Aurora Technology Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 5000.13.

ATAK's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.56 vs ATAK: 0.02

Aurora Technology Acquisition Cash-to-Debt Historical Data

The historical data trend for Aurora Technology Acquisition's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Aurora Technology Acquisition Cash-to-Debt Chart

Aurora Technology Acquisition Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

0.27

No Debt

Aurora Technology Acquisition Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	0.04	0.01	0.02

Competitive Comparison of Aurora Technology Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Aurora Technology Acquisition's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

Aurora Technology Acquisition's Cash-to-Debt Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Aurora Technology Acquisition's Cash-to-Debt falls into.

Aurora Technology Acquisition Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Aurora Technology Acquisition's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Aurora Technology Acquisition had no debt ⁽¹⁾.

Aurora Technology Acquisition's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.029	/	(1.405	+	0)
	=	0.02

Aurora Technology Acquisition (NAS:ATAK) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Aurora Technology Acquisition Cash-to-Debt Related Terms

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

Aurora Technology Acquisition (Aurora Technology Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aurora Technology Acquisition Corp (NAS:ATAK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Embarcadero Center, Suite 1449, San Francisco, CA, USA, 94105

Website

https://www.aurora-acquisition.com

Aurora Technology Acquisition Corp is a blank check company.

Executives

Atac Sponsor Llc	10 percent owner	4 EMBARCADERO CENTER SUITE 1449, SAN FRANCISCO CA 94105
Zachary Wang	director, 10 percent owner, officer: CEO	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Cathryn Chen	director, 10 percent owner, officer: COO	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Yida Gao	director, 10 percent owner, officer: CFO	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
James Woolery	director	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Max Baucus	director	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Alec Hartman	director	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Sam Yam	director	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Paul Asquith	director	4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105