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Magnum Opus Acquisition (Magnum Opus Acquisition) Debt-to-EBITDA : -0.13 (As of Mar. 2023)


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What is Magnum Opus Acquisition Debt-to-EBITDA?

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

Magnum Opus Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Magnum Opus Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.40 Mil. Magnum Opus Acquisition's annualized EBITDA for the quarter that ended in Mar. 2023 was $-3.19 Mil. Magnum Opus Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -0.12.

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

OPA's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.24
* Ranked among companies with meaningful Debt-to-EBITDA only.

Magnum Opus Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Magnum Opus 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.

Magnum Opus Acquisition Debt-to-EBITDA Chart

Magnum Opus Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A -0.05

Magnum Opus Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - -0.03 -0.05 -0.13

Competitive Comparison of Magnum Opus Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Magnum Opus 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.


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

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

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



Magnum Opus Acquisition Debt-to-EBITDA Calculation

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

Magnum Opus 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 + 0.296) / -5.483
=-0.05

Magnum Opus Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.397) / -3.188
=-0.12

* 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 (Mar. 2023) EBITDA data.


Magnum Opus Acquisition  (NYSE:OPA) 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.


Magnum Opus Acquisition Debt-to-EBITDA Related Terms

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


Magnum Opus Acquisition (Magnum Opus Acquisition) Business Description

Traded in Other Exchanges
Address
IBC Tower Three Garden Road, Unit 1009, Central, HKG
Website
Magnum Opus Acquisition Ltd is a blank check company.
Executives
Hsieh Wing Hong Sammy director 15/F, PROSPERITY MILLENNIA PLAZA, 663 KING?S ROAD, QUARRY BAY, HONG KONG K3 00000
Magnum Opus Holdings Llc director, 10 percent owner 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Xing Ling Liu director 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Dickson Cheng director 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Alexandre Casin director 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Lin Hou Pu Jonathan director, 10 percent owner 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Frank Han officer: President 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000
Lee Kevin Ka Man director, officer: Chief Financial Officer 77 DES VOEUX ROAD, NEXXUS BUILDING UNIT 1509, CENTRAL K3 00000