Bilander Acquisition (Bilander Acquisition) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2023)

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What is Bilander 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. Bilander Acquisition's cash to debt ratio for the quarter that ended in Mar. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Bilander Acquisition could pay off its debt using the cash in hand for the quarter that ended in Mar. 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 Bilander Acquisition's Cash-to-Debt or its related term are showing as below:

TWCBU' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: No Debt Max: No Debt
Current: No Debt

During the past 2 years, Bilander Acquisition's highest Cash to Debt Ratio was No Debt. The lowest was 0.25. And the median was No Debt.

TWCBU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.37 vs TWCBU: No Debt

Bilander Acquisition Cash-to-Debt Historical Data

The historical data trend for Bilander 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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Bilander Acquisition Cash-to-Debt Chart

Bilander Acquisition Annual Data

Trend

Dec21

Dec22

Cash-to-Debt

No Debt

Bilander Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash-to-Debt	Get a 7-Day Free Trial				No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Bilander Acquisition's Cash-to-Debt

For the Shell Companies subindustry, Bilander 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.

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

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

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

Bilander 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.

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

Bilander Acquisition had no debt ⁽¹⁾.

Bilander Acquisition's Cash to Debt Ratio for the quarter that ended in Mar. 2023 is calculated as:

Bilander Acquisition had no debt ⁽¹⁾.

Bilander Acquisition (NAS:TWCBU) 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.

Bilander Acquisition Cash-to-Debt Related Terms

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

Bilander Acquisition (Bilander Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Four Embarcadero Center, Suite 2100, San Francisco, CA, USA, 94111

Website

Bilander Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.