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Churchill Capital III (Churchill Capital III) Debt-to-EBITDA : N/A (As of Dec. 2019)


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What is Churchill Capital III Debt-to-EBITDA?

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

Churchill Capital III's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.13 Mil. Churchill Capital III's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Churchill Capital III's annualized EBITDA for the quarter that ended in Dec. 2019 was $0.00 Mil.

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 Churchill Capital III's Debt-to-EBITDA or its related term are showing as below:

CCXX'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.

Churchill Capital III Debt-to-EBITDA Historical Data

The historical data trend for Churchill Capital III'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.

Churchill Capital III Debt-to-EBITDA Chart

Churchill Capital III Annual Data
Trend Dec19
Debt-to-EBITDA
N/A

Churchill Capital III Semi-Annual Data
Dec19
Debt-to-EBITDA N/A

Competitive Comparison of Churchill Capital III's Debt-to-EBITDA

For the Shell Companies subindustry, Churchill Capital III'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.


Churchill Capital III's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Churchill Capital III's Debt-to-EBITDA falls into.



Churchill Capital III Debt-to-EBITDA Calculation

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

Churchill Capital III'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
=(0.125 + 0) / N/A
=N/A

Churchill Capital III'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 one times the quarterly (Dec. 2019) EBITDA data.


Churchill Capital III  (NYSE:CCXX) 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.


Churchill Capital III Debt-to-EBITDA Related Terms

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


Churchill Capital III (Churchill Capital III) Business Description

Traded in Other Exchanges
N/A
Address
640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019
Churchill Capital Corp III is a blank check company.

Churchill Capital III (Churchill Capital III) Headlines

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