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ESM Acquisition (ESM Acquisition) Debt-to-EBITDA : -0.07 (As of Sep. 2022)


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What is ESM Acquisition Debt-to-EBITDA?

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

ESM Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.50 Mil. ESM Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. ESM Acquisition's annualized EBITDA for the quarter that ended in Sep. 2022 was $-7.40 Mil. ESM Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.07.

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

ESM.U' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.08   Med: 0   Max: 0
Current: -0.08

ESM.U's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.42 vs ESM.U: -0.08

ESM Acquisition Debt-to-EBITDA Historical Data

The historical data trend for ESM 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.

ESM Acquisition Debt-to-EBITDA Chart

ESM Acquisition Annual Data
Trend Dec21
Debt-to-EBITDA
-

ESM Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -0.07

Competitive Comparison of ESM Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, ESM 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.


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

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

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



ESM Acquisition Debt-to-EBITDA Calculation

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

ESM Acquisition'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) / -2.725
=0.00

ESM Acquisition'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
=(0.5 + 0) / -7.404
=-0.07

* 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.


ESM Acquisition  (NYSE:ESM.U) 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.


ESM Acquisition Debt-to-EBITDA Related Terms

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


ESM Acquisition (ESM Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2229 San Felipe, Suite 1300, Houston, TX, USA, 77019
ESM Acquisition Corp is a blank check company.
Executives
Thrasyvoulos Moraitis officer: Chief Investment Officer 2229 SAN FELIPE, SUITE 1300, HOUSTON TX 77019
John T Raymond director, 10 percent owner THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
John G. Calvert director 2000 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Jeffrey A Ball officer: Chief Financial Officer 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Michael Lawrence Davis director, 10 percent owner, officer: Chief Executive Officer 100 BILL BAKER WAY, BECKLEY WV 25801
Joseph S. Norville director 4503 LAKESIDE DRIVE, COLLEYVILLE TX 76034
Brett A. Olsher director 21 LAUNCESTON PLACE, LONDON X0 W8 5RL
Michael Murray Gamson director 9015 SANDRINGHAM DRIVE, HOUSTON TX 77024
John Carr director 6 UPPER CRANFORD CENTRE, MONTROSE, DUBLIN L2 D04 X6H0
Esm Sponsor, Lp 10 percent owner 2229 SAN FELIPE, SUITE 1300, HOUSTON TX 77019