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DHHCU (DiamondHead Holdings) Debt-to-EBITDA : 0.01 (As of Dec. 2022)


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What is DiamondHead Holdings Debt-to-EBITDA?

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

DiamondHead Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.20 Mil. DiamondHead Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. DiamondHead Holdings's annualized EBITDA for the quarter that ended in Dec. 2022 was $43.02 Mil. DiamondHead Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 0.00.

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 DiamondHead Holdings's Debt-to-EBITDA or its related term are showing as below:

DHHCU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.03   Max: 0.03
Current: 0.03

During the past 3 years, the highest Debt-to-EBITDA Ratio of DiamondHead Holdings was 0.03. The lowest was 0.03. And the median was 0.03.

DHHCU's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.94 vs DHHCU: 0.03

DiamondHead Holdings Debt-to-EBITDA Historical Data

The historical data trend for DiamondHead Holdings'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.

DiamondHead Holdings Debt-to-EBITDA Chart

DiamondHead Holdings Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A - 0.03

DiamondHead Holdings Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - - - 0.01

Competitive Comparison of DiamondHead Holdings's Debt-to-EBITDA

For the Shell Companies subindustry, DiamondHead Holdings'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.


DiamondHead Holdings's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



DiamondHead Holdings Debt-to-EBITDA Calculation

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

DiamondHead Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.204 + 0) / 8.061
=0.03

DiamondHead Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.204 + 0) / 43.02
=0.00

* 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. 2022) EBITDA data.


DiamondHead Holdings  (NAS:DHHCU) 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.


DiamondHead Holdings Debt-to-EBITDA Related Terms

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


DiamondHead Holdings Business Description

Traded in Other Exchanges
N/A
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
Website
DiamondHead Holdings Corp is a blank check company.
Executives
Micenko John G. Jr. officer: President 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Erin Reeves Mcginnis officer: GC and Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Jason A. Enoch director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Michael P. Nieri director, 10 percent owner, officer: Chairman, CEO, and President 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Twine Ray Shelton Iii 10 percent owner, officer: Chief Operating Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Robert F. Dozier director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Pennington W. Nieri 10 percent owner 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Stephen C. Lenker officer: Exec. VP, G.C., & Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
O'grady Clive R.g. director, officer: Chief Administrative Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Eric S. Bland director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Penny Robert Earl Jr. officer: Executive VP - Sales 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Conversant Opportunity Master Fund Lp director 90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Pwn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Pmn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Patrick Michael Nieri 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063