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Digital Health Acquisition (Digital Health Acquisition) Debt-to-EBITDA : -0.91 (As of Dec. 2023)


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What is Digital Health Acquisition Debt-to-EBITDA?

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

Digital Health Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.26 Mil. Digital Health Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Digital Health Acquisition's annualized EBITDA for the quarter that ended in Dec. 2023 was $-4.66 Mil. Digital Health Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.91.

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

DHAC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.9   Med: -1.06   Max: -0.22
Current: -1.9

During the past 3 years, the highest Debt-to-EBITDA Ratio of Digital Health Acquisition was -0.22. The lowest was -1.90. And the median was -1.06.

DHAC's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 4.22 vs DHAC: -1.90

Digital Health Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Digital Health 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.

Digital Health Acquisition Debt-to-EBITDA Chart

Digital Health Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.22 -1.90

Digital Health Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.16 -0.15 0.94 1.71 -0.91

Competitive Comparison of Digital Health Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Digital Health 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.


Digital Health Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Digital Health Acquisition Debt-to-EBITDA Calculation

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

Digital Health 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
=(4.256 + 0) / -2.236
=-1.90

Digital Health Acquisition's annualized Debt-to-EBITDA for the quarter 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
=(4.256 + 0) / -4.66
=-0.91

* 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 (Dec. 2023) EBITDA data.


Digital Health Acquisition  (NAS:DHAC) 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.


Digital Health Acquisition Debt-to-EBITDA Related Terms

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


Digital Health Acquisition (Digital Health Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
980 North Federal Hwy, Suite 304, Boca Raton, FL, USA, 33432
Website
Digital Health Acquisition Corp is a newly organized blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination.
Executives
Kevin Lowdermilk director 980 N FEDERAL HWY, #304, BOCA RATON FL 33432
Brent D Willis director 4211 W BOY SCOUT BLVD, SUITE 290, TAMPA FL 33607
Daniel James Sullivan officer: CFO 2375 APPLE RIDGE CIRCLE, MANASQUAN NJ 08736
Digital Health Sponsor Llc 10 percent owner 980 N. FEDERAL HWY, #304, BOCA RATON FL 33432
George Mcnellage director 980 N FEDERAL HWY, #304, BOCA RATON FL 33432
Scott Metzger director 980 N FEDERAL HWY, #304, BOCA RATON FL 33432
Frank Ciufo director 980 N FEDERAL HWY, #304, BOCA RATON FL 33432
Scott Jordan Wolf director, officer: CEO, Secy 980 N FEDERAL HWY, #304, BOCA RATON FL 33432

Digital Health Acquisition (Digital Health Acquisition) Headlines

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