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Allegro Merger (Allegro Merger) Debt-to-EBITDA : 0.00 (As of Dec. 2019)


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What is Allegro Merger Debt-to-EBITDA?

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

Allegro Merger's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Allegro Merger's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Allegro Merger's annualized EBITDA for the quarter that ended in Dec. 2019 was $-1.20 Mil. Allegro Merger's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 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 Allegro Merger's Debt-to-EBITDA or its related term are showing as below:

ALGRU'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.

Allegro Merger Debt-to-EBITDA Historical Data

The historical data trend for Allegro Merger'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.

Allegro Merger Debt-to-EBITDA Chart

Allegro Merger Annual Data
Trend Dec17 Dec18 Dec19
Debt-to-EBITDA
N/A - -

Allegro Merger Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -

Competitive Comparison of Allegro Merger's Debt-to-EBITDA

For the Shell Companies subindustry, Allegro Merger'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.


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

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

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



Allegro Merger Debt-to-EBITDA Calculation

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

Allegro Merger's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.656
=0.00

Allegro Merger's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

* 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 (Dec. 2019) EBITDA data.


Allegro Merger  (NAS:ALGRU) 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.


Allegro Merger Debt-to-EBITDA Related Terms

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


Allegro Merger (Allegro Merger) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
777 Third Avenue, 37th Floor, New York, NY, USA, 10017
Allegro Merger Corp is a blank check company.
Executives
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Eric Rosenfeld officer: Chief Executive Officer 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
David Sgro director, 10 percent owner, officer: Chief Operating Officer 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Leonard B Schlemm director C/O THE ATWATER CLUB, 3505 AVENUE ATWATER, MONTREAL A8 H3W 1Y2
John Schauerman director 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
Adam Semler director 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017

Allegro Merger (Allegro Merger) Headlines