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Golden Path Acquisition (Golden Path Acquisition) Debt-to-EBITDA : -0.39 (As of Jun. 2022)


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What is Golden Path Acquisition Debt-to-EBITDA?

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

Golden Path Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.19 Mil. Golden Path Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Golden Path Acquisition's annualized EBITDA for the quarter that ended in Jun. 2022 was $-0.49 Mil. Golden Path Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was -0.39.

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

GPCOW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.56   Med: -1.56   Max: -0.21
Current: -0.21

During the past 3 years, the highest Debt-to-EBITDA Ratio of Golden Path Acquisition was -0.21. The lowest was -1.56. And the median was -1.56.

GPCOW's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.965 vs GPCOW: -0.21

Golden Path Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Golden Path 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.

Golden Path Acquisition Debt-to-EBITDA Chart

Golden Path Acquisition Annual Data
Trend Dec19 Dec20 Dec21
Debt-to-EBITDA
- -1.56 -

Golden Path Acquisition Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -0.39

Competitive Comparison of Golden Path Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Golden Path 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.

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

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

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


Golden Path Acquisition Debt-to-EBITDA Calculation

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

Golden Path 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) / -0.727
=0.00

Golden Path Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.192 + 0) / -0.492
=-0.39

* 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 (Jun. 2022) EBITDA data.

Golden Path Acquisition  (NAS:GPCOW) 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.

Golden Path Acquisition Debt-to-EBITDA Related Terms

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

Golden Path Acquisition (Golden Path Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Path Acquisition Corp (NAS:GPCOW) » Definitions » Debt-to-EBITDA
Comparable Companies
NOVV GDST PPHP PAFO MCAF BSGA HHGC THCA ASPA DILA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
100 Park Avenue, New York, NY, USA, 10017
Website
Golden Path Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.