Cascadia Acquisition (Cascadia Acquisition) Debt-to-Equity : -0.05 (As of Mar. 2023)

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What is Cascadia Acquisition Debt-to-Equity?

Cascadia Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.22 Mil. Cascadia Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Cascadia Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $-4.34 Mil. Cascadia Acquisition's debt to equity for the quarter that ended in Mar. 2023 was -0.05.

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

CCAIU' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.05 Med: 0 Max: 2.78
Current: -0.05

During the past 2 years, the highest Debt-to-Equity Ratio of Cascadia Acquisition was 2.78. The lowest was -0.05. And the median was 0.00.

CCAIU's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs CCAIU: -0.05

Cascadia Acquisition Debt-to-Equity Historical Data

The historical data trend for Cascadia 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.

Cascadia Acquisition Debt-to-Equity Chart

Cascadia Acquisition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

Cascadia Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial				-	-	-	-	-0.05

Competitive Comparison of Cascadia Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Cascadia 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.

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

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

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

Cascadia Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cascadia Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	0.222)	/	145.975
	=	0.00

Cascadia Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.222	+	0)	/	-4.335
	=	-0.05

Cascadia Acquisition (NAS:CCAIU) 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.

Cascadia Acquisition Debt-to-Equity Related Terms

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Cascadia Acquisition (Cascadia Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 2nd Avenue, Suite 1200, Seattle, WA, USA, 98104

Website

https://www.cascadiaacquisitioncorp.com

Cascadia Acquisition Corp is a blank check company.

Cascadia Acquisition (Cascadia Acquisition) Headlines

From GuruFocus

RealWear, Inc. has entered into an agreement to become a publicly traded company via a business combination transaction with Cascadia Acquisition Corp.

By Business Wire Business Wire • 02-06-2023

Cascadia Acquisition Corp. Announces Postponement of Special Meeting Date

By Business Wire Business Wire • 02-14-2023