GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Slam Corp (OTCPK:SLMUF) » Definitions » Debt-to-EBITDA

Slam (SLMUF) Debt-to-EBITDA : -4.42 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Slam Debt-to-EBITDA?

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

Slam's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Slam's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $13.33 Mil. Slam's annualized EBITDA for the quarter that ended in Jun. 2024 was $-3.02 Mil. Slam's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -4.41.

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 Slam's Debt-to-EBITDA or its related term are showing as below:

SLMUF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.67   Med: -0.44   Max: -0.12
Current: -2.63

During the past 4 years, the highest Debt-to-EBITDA Ratio of Slam was -0.12. The lowest was -2.67. And the median was -0.44.

SLMUF's Debt-to-EBITDA is ranked worse than
100% of 142 companies
in the Diversified Financial Services industry
Industry Median: 3.88 vs SLMUF: -2.63

Slam Debt-to-EBITDA Historical Data

The historical data trend for Slam'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.

Slam Debt-to-EBITDA Chart

Slam Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.12 -0.44 -2.67

Slam Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.53 -4.04 -1.62 -1.74 -4.42

Competitive Comparison of Slam's Debt-to-EBITDA

For the Shell Companies subindustry, Slam'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.


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

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

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



Slam Debt-to-EBITDA Calculation

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

Slam's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 12.156) / -4.552
=-2.67

Slam's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 13.333) / -3.02
=-4.41

* 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.

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 (Jun. 2024) EBITDA data.


Slam  (OTCPK:SLMUF) 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.


Slam Debt-to-EBITDA Related Terms

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


Slam Business Description

Traded in Other Exchanges
Address
55 Hudson Yards, 47th Floor, Suite C, New York, NY, USA, 10001
Slam Corp is a blank check company.
Executives
Ryan Bright officer: Chief Financial Officer C/O SLAM CORP., 55 HUDSON YARDS, 47TH FL, STE C, NEW YORK NY 10001
Lisa Hatton Harrington director 53 SEA TERRACE, NEWPORT COAST CA 92657
Alexandre Zyngier director 5700 W. PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Ann Berry director C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Barbara M Byrne director C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Jagdeep Singh director C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Kelly Laferriere officer: President C/O SIX FLAGS INC, 1540 BROADWAY, NEW YORK NY 10036
Desiree Gruber director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, #24148, MIAMI FL 33179
Himanshu Gulati director, officer: Chairman 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Slam Sponsor, Llc director, 10 percent owner 500 FIFTH AVENUE, NEW YORK NY 10110
Chetan Bansal director, officer: Chief Development Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Alexander Rodriguez director, officer: Chief Executive Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110
Joseph Taeid officer: Chief Financial Officer C/O SLAM CORP., 500 FIFTH AVENUE, NEW YORK NY 10110