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Bright Lights Acquisition (Bright Lights Acquisition) Debt-to-EBITDA : 0.00 (As of Sep. 2022)


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What is Bright Lights Acquisition Debt-to-EBITDA?

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

Bright Lights Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Bright Lights Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Bright Lights Acquisition's annualized EBITDA for the quarter that ended in Sep. 2022 was $-1.86 Mil. Bright Lights Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 Bright Lights Acquisition's Debt-to-EBITDA or its related term are showing as below:

BLTS's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Bright Lights Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Bright Lights 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.

Bright Lights Acquisition Debt-to-EBITDA Chart

Bright Lights Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -0.03

Bright Lights Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - -0.02 -0.20 -0.26 -

Competitive Comparison of Bright Lights Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Bright Lights 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.


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

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

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



Bright Lights Acquisition Debt-to-EBITDA Calculation

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

Bright Lights 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
=(0.2 + 0) / -7.177
=-0.03

Bright Lights Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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) / -1.864
=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 (Sep. 2022) EBITDA data.


Bright Lights Acquisition  (NAS:BLTS) 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.


Bright Lights Acquisition Debt-to-EBITDA Related Terms

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


Bright Lights Acquisition (Bright Lights Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
12100 Wilshire Boulevard, Suite 1150, Los Angeles, CA, USA, 90025
Bright Lights Acquisition Corp is a blank check company.
Executives
Mark S Shapiro director C/O RED ZONE LLC, 21300 REDSKIN PARK DRIVE, ASHBURN VA 20147
Peter Guber director 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
John Howard director 277 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10172
Bright Lights Sponsor Llc 10 percent owner, other: See Remarks. 12100 WILSHIIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Allen Shapiro director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Michael Mahan director, 10 percent owner, officer: CEO C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Bright Lights Holdco Llc 10 percent owner, other: See Remarks. C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Ciara Wilson director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Selena Kalvaria director C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025
Hahn Lee officer: CFO & Secretary C/O BRIGHT LIGHTS ACQUISITION CORP., 12100 WILSHIRE BLVD SUITE 1150, LOS ANGELES CA 90025

Bright Lights Acquisition (Bright Lights Acquisition) Headlines