Blue World Acquisition (Blue World Acquisition) Debt-to-EBITDA : -2.21 (As of Mar. 2024)

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What is Blue World Acquisition Debt-to-EBITDA?

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

Blue World Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.65 Mil. Blue World Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Blue World Acquisition's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.20 Mil. Blue World Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.21.

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

BWAQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.26 Med: -1.9 Max: -1.9
Current: -2.26

During the past 2 years, the highest Debt-to-EBITDA Ratio of Blue World Acquisition was -1.90. The lowest was -2.26. And the median was -1.90.

BWAQ's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 5.42 vs BWAQ: -2.26

Blue World Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Blue World 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.

Blue World Acquisition Debt-to-EBITDA Chart

Blue World Acquisition Annual Data

Trend

Jun22

Jun23

Debt-to-EBITDA

-1.90

Blue World Acquisition Quarterly Data
	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial						-2.59	-1.33	-2.50	-1.96	-2.21

Competitive Comparison of Blue World Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Blue World 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.

Blue World Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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

Blue World Acquisition Debt-to-EBITDA Calculation

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

Blue World Acquisition's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.872	+	0)	/	-0.988
	=	-1.89

Blue World 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
	=	(2.646	+	0)	/	-1.196
	=	-2.21

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.

Blue World Acquisition (NAS:BWAQ) 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.

Blue World Acquisition Debt-to-EBITDA Related Terms

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

Blue World Acquisition (Blue World Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Blue World Acquisition Corp (NAS:BWAQ) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

244 Fifth Avenue, Suite B-88, New York, NY, USA, 10001

Website

Blue World Acquisition Corp is a newly organized blank check exempted company.

Executives

Blue World Holdings Ltd	10 percent owner	ROOM 301, NO. 3 LANE 1249, YU YUAN ROAD, CHANG NING DISTRICT, SHANGHAI F4 200050
Liang Shi	director, officer: CEO	SUITE 3005,1559, ZUCHNGZHI ROAD, SHANGHAI F4 201203
Hickey Alfred J Iii	director	183 CHAPEL HILL ROAD, RED BANK, NEW JERSEY NJ 07701
Tiantong Yan	officer: CFO	ROOM 411, 4F, NO. 333, TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Bok Buhdy Sin Swee	director	199 TANAH MERAH KECHIL AVENUE, SINGAPORE U0 465727
Weixiong Cheong	director, officer: COO	16 KALLANG PLACE #01-16/18., SINGAPORE U0 339156
Zhenyu Li	director	15493 ROYAL AVE, WHITE ROCK, BRITISH COLUMBIA Z4 V4B 1N3