Forest Road Acquisition (Forest Road Acquisition) Debt-to-EBITDA : N/A (As of Sep. 2020)

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What is Forest Road Acquisition Debt-to-EBITDA?

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

Forest Road Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.02 Mil. Forest Road Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.00 Mil. Forest Road Acquisition's annualized EBITDA for the quarter that ended in Sep. 2020 was $0.00 Mil.

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 Forest Road Acquisition's Debt-to-EBITDA or its related term are showing as below:

FRX'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.

Forest Road Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Forest Road 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.

Forest Road Acquisition Debt-to-EBITDA Chart

Forest Road Acquisition Annual Data

Trend

Dec20

Debt-to-EBITDA

N/A

Forest Road Acquisition Semi-Annual Data
	Sep20
Debt-to-EBITDA	N/A

Competitive Comparison of Forest Road Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Forest Road 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.

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

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

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

Forest Road Acquisition Debt-to-EBITDA Calculation

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

Forest Road Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

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

Forest Road Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.018	+	0)	/	0
	=	N/A

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 one times the quarterly (Sep. 2020) EBITDA data.

Forest Road Acquisition (NYSE:FRX) 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.

Forest Road Acquisition Debt-to-EBITDA Related Terms

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