GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financial Strategies Acquisition Corp (OTCPK:FXCOW) » Definitions » Debt-to-EBITDA

Financial Strategies Acquisition (Financial Strategies Acquisition) Debt-to-EBITDA : 0.57 (As of Sep. 2022)


View and export this data going back to 2022. Start your Free Trial

What is Financial Strategies Acquisition Debt-to-EBITDA?

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

Financial Strategies Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Financial Strategies Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.66 Mil. Financial Strategies Acquisition's annualized EBITDA for the quarter that ended in Sep. 2022 was $1.16 Mil. Financial Strategies Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was 0.57.

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

FXCOW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.72   Med: -0.72   Max: -0.54
Current: -0.54

During the past 2 years, the highest Debt-to-EBITDA Ratio of Financial Strategies Acquisition was -0.54. The lowest was -0.72. And the median was -0.72.

FXCOW's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.03 vs FXCOW: -0.54

Financial Strategies Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Financial Strategies 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.

Financial Strategies Acquisition Debt-to-EBITDA Chart

Financial Strategies Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -0.72

Financial Strategies Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial N/A -0.18 -0.23 -0.28 0.57

Competitive Comparison of Financial Strategies Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Financial Strategies 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.


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

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

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



Financial Strategies Acquisition Debt-to-EBITDA Calculation

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

Financial Strategies 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 + 0.45) / -0.625
=-0.72

Financial Strategies 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 + 0.655) / 1.156
=0.57

* 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.


Financial Strategies Acquisition  (OTCPK:FXCOW) 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.


Financial Strategies Acquisition Debt-to-EBITDA Related Terms

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


Financial Strategies Acquisition (Financial Strategies Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2626 Cole Avenue, Suite 300, Dallas, TX, USA, 75204
Website
Financial Strategies Acquisition Corp is a blank check company.