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AI Transportation Acquisition (AI Transportation Acquisition) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is AI Transportation Acquisition Debt-to-Equity?

AI Transportation Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. AI Transportation Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. AI Transportation Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $60.52 Mil. AI Transportation Acquisition's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 2 years, the highest Debt-to-Equity Ratio of AI Transportation Acquisition was 7.57. The lowest was -26.25. And the median was 6.91.

AITR's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

AI Transportation Acquisition Debt-to-Equity Historical Data

The historical data trend for AI Transportation 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.

* Premium members only.

AI Transportation Acquisition Debt-to-Equity Chart

AI Transportation Acquisition Annual Data
Trend Dec22 Dec23
Debt-to-Equity
-7.25 -

AI Transportation Acquisition Quarterly Data
Sep22 Feb23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial -26.25 6.91 7.57 - -

Competitive Comparison of AI Transportation Acquisition's Debt-to-Equity

For the Shell Companies subindustry, AI Transportation 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.

AI Transportation Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

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


AI Transportation Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

AI Transportation 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 + 0) / 60.039
=0.00

AI Transportation Acquisition'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 + 0) / 60.519
=0.00

* 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.

AI Transportation Acquisition  (NAS:AITR) 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.

AI Transportation Acquisition Debt-to-Equity Related Terms

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AI Transportation Acquisition (AI Transportation Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AI Transportation Acquisition Corp (NAS:AITR) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
10 East 53rd Street, Suite 3001, New York, NY, USA, 10022
Website
AI Transportation Acquisition Corp is a blank check company.

AI Transportation Acquisition (AI Transportation Acquisition) Headlines

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