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Heartland Media Acquisition (Heartland Media Acquisition) Debt-to-EBITDA : 0.00 (As of Mar. 2023)


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What is Heartland Media Acquisition Debt-to-EBITDA?

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

Heartland Media Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Heartland Media Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Heartland Media Acquisition's annualized EBITDA for the quarter that ended in Mar. 2023 was $-2.27 Mil. Heartland Media Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 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 Heartland Media Acquisition's Debt-to-EBITDA or its related term are showing as below:

HMA's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.22
* Ranked among companies with meaningful Debt-to-EBITDA only.

Heartland Media Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Heartland Media 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.

Heartland Media Acquisition Debt-to-EBITDA Chart

Heartland Media Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A -

Heartland Media Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Heartland Media Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Heartland Media 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.


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

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

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



Heartland Media Acquisition Debt-to-EBITDA Calculation

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

Heartland Media Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 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) / -1.304
=0.00

Heartland Media Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -2.272
=0.00

* 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 (Mar. 2023) EBITDA data.


Heartland Media Acquisition  (NYSE:HMA) 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.


Heartland Media Acquisition Debt-to-EBITDA Related Terms

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


Heartland Media Acquisition (Heartland Media Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3282 Northside Parkway, Suite 275, Atlanta, GA, USA, 30327
Heartland Media Acquisition Corp is a blank check company.
Executives
Prather Robert S Jr director, 10 percent owner, officer: Chief Executive Officer
Heartland Sponsor Llc 10 percent owner 3282 NORTHSIDE PKWY NW, STE 275, ATLANTA GA 30327
Shawn Pack officer: Chief Financial Officer C/O HEARTLAND MEDIA ACQUISITION CORP., 3282 NORTHSIDE PKWY, SUITE 275, ATLANTA GA 30327
Alan J Weber director 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
John S Zieser director 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Salvatore Muoio director C/O LYNCH INTERACTIVE CORP, 401 THEODORE FREMD AVE, RYE NY 10580
Steven Todd Shapiro director C/O GOLDENTREE ASSET MANAGEMENT, 300 PARK AVENUE, NEW YORK NY 10022

Heartland Media Acquisition (Heartland Media Acquisition) Headlines