Cascade Acquisition (Cascade Acquisition) Debt-to-EBITDA : 0.00 (As of Mar. 2022)

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What is Cascade Acquisition Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cascade Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil. Cascade Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil. Cascade Acquisition's annualized EBITDA for the quarter that ended in Mar. 2022 was $-2.74 Mil. Cascade Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Cascade Acquisition's Debt-to-EBITDA or its related term are showing as below:

CAS's Debt-to-EBITDA is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 4.24
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cascade Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Cascade Acquisition's Debt-to-EBITDA 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.

Cascade Acquisition Debt-to-EBITDA Chart

Cascade Acquisition Annual Data

Trend

Dec20

Dec21

Debt-to-EBITDA

N/A

Cascade Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Cascade Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Cascade Acquisition's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.

Cascade Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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

Cascade Acquisition Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cascade Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-2.007
	=	0.00

Cascade Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-2.736
	=	0.00

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2022) EBITDA data.

Cascade Acquisition (NYSE:CAS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Cascade Acquisition Debt-to-EBITDA Related Terms

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

Cascade Acquisition (Cascade Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cascade Acquisition Corp (NYSE:CAS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Sunset Harbour Dr., Suite 2102, Miami Beach, FL, USA, 33139

Website

https://www.cascadespac.com

Cascade Acquisition Corp is a blank check company. It is formed for the purpose of entering a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Roy A Guthrie	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Clayton Deutsch	director	TEN POST OFFICE SQUARE, BOSTON MA 02109
Daniel J. Hirsch	officer: Chief Operating Officer & CFO	748 DIAMOND STREET, SAN FRANCISCO CA 94114
Julia S Gouw	director	415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Jay N. Levine	director, 10 percent owner, officer: Chief Executive Officer	C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Cascade Acquisition Holdings Llc	10 percent owner	1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Gene Weil	director, 10 percent owner	1900 SUNSET HARBOUR DR. SUITE 2102, MIAMI BEACH FL 33139
Kevin Ryan	director	1900 SUNSET HARBOUR DRIVE SUITE 2102, MIAMI BEACH FL 33139