INAQ (Insight Acquisition) Debt-to-EBITDA : -0.16 (As of Sep. 2024)

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What is Insight Acquisition Debt-to-EBITDA?

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

Insight Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.11 Mil. Insight Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.04 Mil. Insight Acquisition's annualized EBITDA for the quarter that ended in Sep. 2024 was $-0.90 Mil. Insight Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.16.

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

INAQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05 Med: 0 Max: 0
Current: -0.05

INAQ's Debt-to-EBITDA is ranked worse than
100% of 152 companies
in the Diversified Financial Services industry
Industry Median: 3.98 vs INAQ: -0.05

Insight Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Insight 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.

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Insight Acquisition Debt-to-EBITDA Chart

Insight Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

N/A

Insight Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial									-	-	-0.02	-0.01	-0.16

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

For the Shell Companies subindustry, Insight 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.

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

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

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

Insight Acquisition Debt-to-EBITDA Calculation

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

Insight Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	0.076
	=	0.00

Insight Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.108	+	0.035)	/	-0.896
	=	-0.16

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. 2024) EBITDA data.

Insight Acquisition (NAS:INAQ) 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.

Insight Acquisition Debt-to-EBITDA Related Terms

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

Insight Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Insight Acquisition Corp (NAS:INAQ) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 East 91st Street, New York, NY, USA, 10128

Website

https://www.insightacqcorp.com

Insight Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Jeff Gary	director, 10 percent owner, officer: Chief Executive Officer	390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Michael Evan Singer	director, 10 percent owner, officer: Executive Chairman	200 VESEY STREET, 25TH FLOOR, NEW YORK NY 10281
William Alexander Ullman	director	666 THIRD AVENUE, 9TH FLOOR, NEW YORK NY 10017
Insight Acquisition Sponsor Llc	10 percent owner	333 EAST 91ST STREET, NEW YORK NY 10128
Victor Iii Pascucci	director	C/O INSIGHT ACQUISITION CORP., 333 EAST 91ST STREET, NEW YORK NY 10128
David Brosgol	director	C/O INSIGHT ACQUISITION CORP., 333 EAST 91ST STREET, NEW YORK NY 10128