CCTSW (Cactus Acquisition 1) Debt-to-EBITDA : -6.93 (As of Jun. 2024)

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What is Cactus Acquisition 1 Debt-to-EBITDA?

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

Cactus Acquisition 1's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.61 Mil. Cactus Acquisition 1's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Cactus Acquisition 1's annualized EBITDA for the quarter that ended in Jun. 2024 was $-0.09 Mil. Cactus Acquisition 1's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -6.93.

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 Cactus Acquisition 1's Debt-to-EBITDA or its related term are showing as below:

CCTSW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.02 Med: -0.5 Max: -0.5
Current: -1.02

During the past 3 years, the highest Debt-to-EBITDA Ratio of Cactus Acquisition 1 was -0.50. The lowest was -1.02. And the median was -0.50.

CCTSW's Debt-to-EBITDA is ranked worse than
100% of 142 companies
in the Diversified Financial Services industry
Industry Median: 3.88 vs CCTSW: -1.02

Cactus Acquisition 1 Debt-to-EBITDA Historical Data

The historical data trend for Cactus Acquisition 1'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.

Cactus Acquisition 1 Debt-to-EBITDA Chart

Cactus Acquisition 1 Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

N/A

-0.50

Cactus Acquisition 1 Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial								-	-	-0.84	-0.37	-6.93

Competitive Comparison of Cactus Acquisition 1's Debt-to-EBITDA

For the Shell Companies subindustry, Cactus Acquisition 1'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.

Cactus Acquisition 1's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cactus Acquisition 1's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cactus Acquisition 1's Debt-to-EBITDA falls into.

Cactus Acquisition 1 Debt-to-EBITDA Calculation

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

Cactus Acquisition 1'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
	=	(0.57	+	0)	/	-1.14
	=	-0.50

Cactus Acquisition 1's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.61	+	0)	/	-0.088
	=	-6.93

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 (Jun. 2024) EBITDA data.

Cactus Acquisition 1 (NAS:CCTSW) 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.

Cactus Acquisition 1 Debt-to-EBITDA Related Terms

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