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MACAU (Moringa Acquisition) Debt-to-EBITDA : -4.67 (As of Jun. 2024)


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What is Moringa Acquisition Debt-to-EBITDA?

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

Moringa Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. Moringa Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.35 Mil. Moringa Acquisition's annualized EBITDA for the quarter that ended in Jun. 2024 was $-0.72 Mil. Moringa Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -4.67.

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

MACAU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.45   Med: -1.93   Max: -0.33
Current: -3.45

During the past 4 years, the highest Debt-to-EBITDA Ratio of Moringa Acquisition was -0.33. The lowest was -3.45. And the median was -1.93.

MACAU's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.98 vs MACAU: -3.45

Moringa Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Moringa 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.

Moringa Acquisition Debt-to-EBITDA Chart

Moringa Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.33 -1.93 -2.53

Moringa Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.40 -3.71 -1.96 -2.97 -4.67

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

For the Shell Companies subindustry, Moringa 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.


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

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

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



Moringa Acquisition Debt-to-EBITDA Calculation

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

Moringa 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 + 2.841) / -1.122
=-2.53

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3.346) / -0.716
=-4.67

* 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. 2024) EBITDA data.


Moringa Acquisition  (NAS:MACAU) 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.


Moringa Acquisition Debt-to-EBITDA Related Terms

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


Moringa Acquisition Business Description

Traded in Other Exchanges
N/A
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
Moringa Acquisition Corp is a blank check company.
Executives
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Ruth Alon director 1/3 HIGH-TECH VILLAGE, GIVAT RAM, P.O. BOX 39264, JERUSALEM L3 9139102
Eric Brachfeld director C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Michael Basch director C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Gil Maman officer: Chief Financial Officer C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Ilan Levin director, 10 percent owner, officer: Chairman and CEO C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Moringa Sponsor Us L.p. 10 percent owner C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Moringa Sponsor, Lp 10 percent owner C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Dan Yalon officer: Advisor C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10177

Moringa Acquisition Headlines

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