OLITW (OmniLit Acquisition) Debt-to-EBITDA : -1.11 (As of Sep. 2023)

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OLITW OmniLit Acquisition Corp OLITW
20 GF Score
Price $0.08
! 1 Warning Sign
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What is OmniLit Acquisition Debt-to-EBITDA?

OmniLit Acquisition OLITW +33.33% 20 Debt-to-EBITDA is -1.11 as of Sep. 2023. GuruFocus rates OLITW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

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

OmniLit Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.70 Mil. OmniLit Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. OmniLit Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.63 Mil. OmniLit Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -1.11.

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

OLITW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.61   Med: 0   Max: 0
Current: -0.61

OLITW's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 6.3 vs OLITW: -0.61

OmniLit Acquisition  (NAS:OLITW) 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.


OmniLit Acquisition Debt-to-EBITDA Related Terms


OmniLit Acquisition Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for OmniLit 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.

OmniLit Acquisition Debt-to-EBITDA Chart

OmniLit Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A 0.00

OmniLit Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.47 -1.11

OLITW vs AFAR, LBBB, ROSE: Debt-to-EBITDA Comparison

For the Shell Companies subindustry, OmniLit 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.


OmniLit Acquisition Debt-to-EBITDA vs Diversified Financial Services Industry

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

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


OLITW
20GF Score
OmniLit Acquisition Corp OLITW
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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OmniLit Acquisition Debt-to-EBITDA Calculation

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

OmniLit Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 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) / -0.788
=0.00

OmniLit Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.695 + 0) / -0.628
=-1.11

* 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. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.11 mean?
OmniLit Acquisition (OLITW) has a Debt-to-EBITDA of -1.11 as of Sep. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on OmniLit Acquisition.
Is OmniLit Acquisition's Debt-to-EBITDA too high?
OmniLit Acquisition's current Debt-to-EBITDA is -1.11. Overall, OmniLit Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does OmniLit Acquisition's Debt-to-EBITDA compare to AFAR and LBBB?
OmniLit Acquisition's Debt-to-EBITDA of -1.11 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-EBITDA is 6.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Diversified Financial Services company?
The median Debt-to-EBITDA among Diversified Financial Services companies is 6.30, based on 115 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on OmniLit Acquisition. For the Diversified Financial Services industry, the median Debt-to-EBITDA is 6.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OmniLit Acquisition's current Debt-to-EBITDA is -1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OmniLit Acquisition stock overvalued right now?
OmniLit Acquisition (OLITW) has a current Debt-to-EBITDA of -1.11. The current Debt-to-EBITDA is -1.11. OmniLit Acquisition's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For OmniLit Acquisition (OLITW), the current Debt-to-EBITDA is -1.11 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OmniLit Acquisition Business Description

Address 1111 Lincoln Road, Suite 500, Miami Beach, FL, USA, 33139
OmniLit Acquisition Corp is a blank check company.
20GF Score

Get the complete analysis for OLITW

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.08
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