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HCM Acquisition (HCM Acquisition) Debt-to-Equity : 0.04 (As of Sep. 2023)


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What is HCM Acquisition Debt-to-Equity?

HCM Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.26 Mil. HCM Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. HCM Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $36.12 Mil. HCM Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.03.

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

HCMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 1.25   Max: 23.22
Current: 0.04

During the past 2 years, the highest Debt-to-Equity Ratio of HCM Acquisition was 23.22. The lowest was 0.01. And the median was 1.25.

HCMA's Debt-to-Equity is ranked better than
77.78% of 297 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs HCMA: 0.04

HCM Acquisition Debt-to-Equity Historical Data

The historical data trend for HCM 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.

HCM Acquisition Debt-to-Equity Chart

HCM Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
23.22 -

HCM Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.04

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

For the Shell Companies subindustry, HCM 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.

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

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

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


HCM Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HCM 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) / 281.643
=0.00

HCM Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(1.257 + 0) / 36.118
=0.03

* 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.

HCM Acquisition  (NAS:HCMA) 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.

HCM Acquisition Debt-to-Equity Related Terms

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

HCM Acquisition (HCM Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HCM Acquisition Corp (NAS:HCMA) » Definitions » Debt-to-Equity
Comparable Companies
CHEA ALCY HHLA LHC MBAC NSTC VCXB BCSA LCW GAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
100 First Stamford Place, Suite 330, Stamford, CT, USA, 06902
Website
https://www.hcmacquisition.com
HCM Acquisition Corp is a blank check company.
Executives
David Goldfarb director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Shawn Matthews director, officer: Chairman and CEO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Steven Bischoff director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD DC 06902
Jacob Loveless director 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902
James Bond officer: President and CFO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Hcm Investor Holdings, Llc 10 percent owner 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902