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Breeze Holdings Acquisition (Breeze Holdings Acquisition) Debt-to-EBITDA : -2.05 (As of Mar. 2024)


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What is Breeze Holdings Acquisition Debt-to-EBITDA?

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

Breeze Holdings Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.58 Mil. Breeze Holdings Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Breeze Holdings Acquisition's annualized EBITDA for the quarter that ended in Mar. 2024 was $-4.19 Mil. Breeze Holdings Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.05.

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

BREZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.86   Med: -2.36   Max: -0.7
Current: -3.86

During the past 4 years, the highest Debt-to-EBITDA Ratio of Breeze Holdings Acquisition was -0.70. The lowest was -3.86. And the median was -2.36.

BREZ's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 5.42 vs BREZ: -3.86

Breeze Holdings Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Breeze Holdings 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.

Breeze Holdings Acquisition Debt-to-EBITDA Chart

Breeze Holdings Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.70 -2.36 -3.78

Breeze Holdings Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only -1.76 -5.62 -4.86 -3.85 -2.05

Competitive Comparison of Breeze Holdings Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Breeze Holdings 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.


Breeze Holdings Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Breeze Holdings Acquisition Debt-to-EBITDA Calculation

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

Breeze Holdings Acquisition'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
=(7.815 + 0) / -2.07
=-3.78

Breeze Holdings Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.584 + 0) / -4.188
=-2.05

* 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. 2024) EBITDA data.


Breeze Holdings Acquisition  (NAS:BREZ) 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.


Breeze Holdings Acquisition Debt-to-EBITDA Related Terms

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


Breeze Holdings Acquisition (Breeze Holdings Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
955 West John Carpenter Freeway, Suite 100-929, Irving, TX, USA, 75039
Website
Breeze Holdings Acquisition Corp is a blank check company.
Executives
James L Williams director C/O EMERGISOFT CORPORATION, 2225 AVENUE J, ARLINGTON TX 76006
Albert Mclelland director 9114 LA STRADA CT., DALLAS TX 75220
Bill Stark director 5324 DAVIS BLVD, NORTH RICHLAND HILLS IL 76180
Daniel Linn Hunt director 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Robert Lee Thomas director 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
J Douglas Ramsey director, 10 percent owner, officer: CEO and CFO 5016 AUBURNDALE AVE, COLLEYVILLE TX 76034
Charles C. Ross officer: COO 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Russell D. Griffin director, officer: President 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180
Breeze Sponsor, Llc 10 percent owner 5324 DAVIS BLVD, NORTH RICHLAND HILLS TX 76180