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Class Acceleration (Class Acceleration) Debt-to-EBITDA : -0.01 (As of Sep. 2022)


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What is Class Acceleration Debt-to-EBITDA?

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

Class Acceleration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.01 Mil. Class Acceleration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Class Acceleration's annualized EBITDA for the quarter that ended in Sep. 2022 was $-1.02 Mil. Class Acceleration's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.01.

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 Class Acceleration's Debt-to-EBITDA or its related term are showing as below:

CLAS's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.965
* Ranked among companies with meaningful Debt-to-EBITDA only.

Class Acceleration Debt-to-EBITDA Historical Data

The historical data trend for Class Acceleration'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.

Class Acceleration Debt-to-EBITDA Chart

Class Acceleration Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -

Class Acceleration Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - - -0.06 -0.01

Competitive Comparison of Class Acceleration's Debt-to-EBITDA

For the Shell Companies subindustry, Class Acceleration'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.


Class Acceleration's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Class Acceleration's Debt-to-EBITDA falls into.



Class Acceleration Debt-to-EBITDA Calculation

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

Class Acceleration'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 + 0) / -1.122
=0.00

Class Acceleration'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
=(0.006 + 0) / -1.024
=-0.01

* 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.


Class Acceleration  (NYSE:CLAS) 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.


Class Acceleration Debt-to-EBITDA Related Terms

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


Class Acceleration (Class Acceleration) Business Description

Traded in Other Exchanges
N/A
Address
2925 Woodside Road, Woodside, CA, USA, 94062
Class Acceleration Corp is a blank check company.
Executives
Michael T. Moe director, officer: Chief Executive Officer C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Rachael Jarosh director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Joseph E Parsons director, officer: Treasurer 292 LONG RIDGE ROAD, STAMFORD CT 06927
Robert C. Daugherty director, officer: Secretary 3201 ENTERPRISE DRIVE SUITE 460, BEACHWOOD OH 44122
Class Acceleration Sponsor Llc 10 percent owner 8260 SPECTRUM CENTER BOULEVARD, SAN DIEGO CA 92123
James W. Runcie director 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Lev Gonick director 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Joy Chen director 2925 WOODSIDE ROAD, WOODSIDE CA 94062