Nocturne Acquisition (Nocturne Acquisition) Debt-to-Equity : 0.26 (As of Sep. 2023)

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What is Nocturne Acquisition Debt-to-Equity?

Nocturne Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.58 Mil. Nocturne Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Nocturne Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $10.13 Mil. Nocturne Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.25.

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

MBTC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.23 Max: 12.95
Current: 0.26

During the past 3 years, the highest Debt-to-Equity Ratio of Nocturne Acquisition was 12.95. The lowest was 0.01. And the median was 0.23.

MBTC's Debt-to-Equity is ranked worse than
73.47% of 294 companies
in the Diversified Financial Services industry
Industry Median: 0.125 vs MBTC: 0.26

Nocturne Acquisition Debt-to-Equity Historical Data

The historical data trend for Nocturne 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.

Nocturne Acquisition Debt-to-Equity Chart

Nocturne Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

4.90

0.21

Nocturne Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial							0.02	0.21	0.21	0.24	0.26

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

For the Shell Companies subindustry, Nocturne 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.

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

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

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

Nocturne Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nocturne 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
	=	(2.58	+	0)	/	12.557
	=	0.21

Nocturne 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
	=	(2.58	+	0)	/	10.126
	=	0.25

Nocturne Acquisition (NAS:MBTC) 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.

Nocturne Acquisition Debt-to-Equity Related Terms

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Nocturne Acquisition (Nocturne Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

MBTCU:USA

Address

3 Germay Drive, Unit 4, Number 1066, Wilmington, DE, USA, 19084

Website

Nocturne Acquisition Corp is a blank check company.

Executives

Derek Feng	director	953 9TH STREET, MANHATTAN BEACH CA 90266
Ka Lok Wong	director	7244 CARRIZO DRIVE,, LA JOLLA CA 92037
Giuseppe Mangiacotti	director	7244 CARIZZO DRIVE, LA JOLLA CA 92037
Simon Choi	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Nocturne Sponsor, Llc	10 percent owner	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Marcus Vincent Gomez	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Henry Monzon	director, 10 percent owner, officer: Chairman and CEO	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Kashan Zaheer Piracha	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Ka Seng Ao	director, 10 percent owner, officer: Chief Financial Officer	7244 CARRIZO DRIVE, LA JOLLA CA 92037
Etienne Snyman	director	7244 CARRIZO DRIVE, LA JOLLA CA 92037