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Churchill Capital V (Churchill Capital V) Debt-to-Equity : 0.02 (As of Jun. 2023)


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What is Churchill Capital V Debt-to-Equity?

Churchill Capital V's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Churchill Capital V's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.50 Mil. Churchill Capital V's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $122.25 Mil. Churchill Capital V's debt to equity for the quarter that ended in Jun. 2023 was 0.02.

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 Churchill Capital V's Debt-to-Equity or its related term are showing as below:

CCV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.25
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of Churchill Capital V was 6.25. The lowest was 0.00. And the median was 0.00.

CCV's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs CCV: 0.02

Churchill Capital V Debt-to-Equity Historical Data

The historical data trend for Churchill Capital V'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.

Churchill Capital V Debt-to-Equity Chart

Churchill Capital V Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
- - -

Churchill Capital V Quarterly Data
May20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.02

Competitive Comparison of Churchill Capital V's Debt-to-Equity

For the Shell Companies subindustry, Churchill Capital V'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.

Churchill Capital V's Debt-to-Equity Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Churchill Capital V's Debt-to-Equity falls into.


Churchill Capital V Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Churchill Capital V'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 + 1) / 482.705
=0.00

Churchill Capital V's Debt to Equity Ratio for the quarter that ended in Jun. 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 + 2.5) / 122.253
=0.02

* 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.

Churchill Capital V  (NYSE:CCV) 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.

Churchill Capital V Debt-to-Equity Related Terms

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

Churchill Capital V (Churchill Capital V) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Churchill Capital Corp V (NYSE:CCV) » Definitions » Debt-to-Equity
Comparable Companies
FSNB KVSC LCA MIT ALCC ACQR CFIV GHIX RMGC SVFA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
Website
https://v.churchillcapitalcorp.com
Churchill Capital Corp V is a blank check company.
Executives
Magnetar Financial Llc 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp 10 percent owner 1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Supernova Management Llc 10 percent owner 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
David J. Snyderman 10 percent owner C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alan Schrager director C/O OHA INVESTMENT CORPORATION, 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Michael Stuart Klein director, 10 percent owner, officer: See Remarks C/O DAVIS POLK & WARDWELL, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Mark D Klein director 21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Karen G Mills director C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Dena J. Brumpton director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
M. Klein Associates, Inc. 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Lee Jay Taragin officer: Chief Financial Officer 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
William J. Bynum director 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019
Churchill Sponsor V Llc 10 percent owner 640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019