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Leo Holdings III (Leo Holdings III) Debt-to-EBITDA : N/A (As of Jan. 2021)


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What is Leo Holdings III Debt-to-EBITDA?

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

Leo Holdings III's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2021 was $0.00 Mil. Leo Holdings III's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2021 was $0.00 Mil. Leo Holdings III's annualized EBITDA for the quarter that ended in Jan. 2021 was $0.00 Mil.

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 Leo Holdings III's Debt-to-EBITDA or its related term are showing as below:

LIII.WS's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Leo Holdings III Debt-to-EBITDA Historical Data

The historical data trend for Leo Holdings III'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.

Leo Holdings III Debt-to-EBITDA Chart

Leo Holdings III Annual Data
Trend
Debt-to-EBITDA

Leo Holdings III Semi-Annual Data
Jan21
Debt-to-EBITDA N/A

Competitive Comparison of Leo Holdings III's Debt-to-EBITDA

For the Shell Companies subindustry, Leo Holdings III'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.


Leo Holdings III's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Leo Holdings III's Debt-to-EBITDA falls into.



Leo Holdings III Debt-to-EBITDA Calculation

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

Leo Holdings III's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Leo Holdings III's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2021 is calculated as

* 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 one times the quarterly (Jan. 2021) EBITDA data.


Leo Holdings III  (NYSE:LIII.WS) 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.


Leo Holdings III Debt-to-EBITDA Related Terms

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


Leo Holdings III (Leo Holdings III) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
South Ocean Boulevard, Albany Financial Center, Suite 507, P.O. Box SP-63158, New Providence, Nassau, BHS
Website
Leo Holdings III Corp is a blank check company.

Leo Holdings III (Leo Holdings III) Headlines

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