First Reserve Sustainable Growth (First Reserve Sustainable Growth) Debt-to-EBITDA : 0.00 (As of Sep. 2022)

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What is First Reserve Sustainable Growth Debt-to-EBITDA?

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

First Reserve Sustainable Growth's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. First Reserve Sustainable Growth's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. First Reserve Sustainable Growth's annualized EBITDA for the quarter that ended in Sep. 2022 was $-2.43 Mil. First Reserve Sustainable Growth's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 First Reserve Sustainable Growth's Debt-to-EBITDA or its related term are showing as below:

FRSGU's Debt-to-EBITDA is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 3.95
* Ranked among companies with meaningful Debt-to-EBITDA only.

First Reserve Sustainable Growth Debt-to-EBITDA Historical Data

The historical data trend for First Reserve Sustainable Growth'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.

First Reserve Sustainable Growth Debt-to-EBITDA Chart

First Reserve Sustainable Growth Annual Data

Trend

Dec21

Debt-to-EBITDA

N/A

First Reserve Sustainable Growth Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-EBITDA	Get a 7-Day Free Trial			-	N/A	-	-	-

Competitive Comparison of First Reserve Sustainable Growth's Debt-to-EBITDA

For the Shell Companies subindustry, First Reserve Sustainable Growth'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.

First Reserve Sustainable Growth's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, First Reserve Sustainable Growth's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where First Reserve Sustainable Growth's Debt-to-EBITDA falls into.

First Reserve Sustainable Growth Debt-to-EBITDA Calculation

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

First Reserve Sustainable Growth'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)	/	N/A
	=	N/A

First Reserve Sustainable Growth'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	+	0)	/	-2.432
	=	0.00

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.

First Reserve Sustainable Growth (NAS:FRSGU) 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.

First Reserve Sustainable Growth Debt-to-EBITDA Related Terms

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First Reserve Sustainable Growth (First Reserve Sustainable Growth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » First Reserve Sustainable Growth Corp (NAS:FRSGU) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 Harbor Drive, Third Floor, Stamford, CT, USA, 06902

Website

https://www.frsgcorp.com

First Reserve Sustainable Growth Corp is a blank check company.

Executives

E. Perot Bissell	director	MAXUM PETROLEUM HOLDINGS, INC., 1455 EAST PUTNAM AVENUE, OLD GREENWICH CT 06870
Adam Grosser	director	FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Gary Duane Reaves	director	ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
Alex T Krueger	director, officer: Chairman of the Board
Neil Alan Wizel	director, officer: Chief Executive Officer	600 TRAVIS, SUITE 6000, HOUSTON TX 77002
Amy Francetic	director	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
Mary Anne Brelinsky	director	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
First Reserve Sustainable Growth Sponsor Llc	10 percent owner	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
Thomas S Amburgey	director, officer: Chief Financial Officer	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
Marvin Odum	director	290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902