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Recharge Acquisition (Recharge Acquisition) Debt-to-EBITDA : -0.25 (As of Jun. 2022)


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What is Recharge Acquisition Debt-to-EBITDA?

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

Recharge Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.19 Mil. Recharge Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. Recharge Acquisition's annualized EBITDA for the quarter that ended in Jun. 2022 was $-0.75 Mil. Recharge Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was -0.25.

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

RCHG's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.95
* Ranked among companies with meaningful Debt-to-EBITDA only.

Recharge Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Recharge 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.

Recharge Acquisition Debt-to-EBITDA Chart

Recharge Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -0.17

Recharge Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-EBITDA Get a 7-Day Free Trial -0.25 -0.13 -0.15 -0.26 -0.25

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

For the Shell Companies subindustry, Recharge 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.


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

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

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



Recharge Acquisition Debt-to-EBITDA Calculation

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

Recharge Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.185 + 0) / -1.07
=-0.17

Recharge Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.185 + 0) / -0.752
=-0.25

* 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. 2022) EBITDA data.


Recharge Acquisition  (NAS:RCHG) 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.


Recharge Acquisition Debt-to-EBITDA Related Terms

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


Recharge Acquisition (Recharge Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1900 Main Street, Suite 201, Sarasota, FL, USA, 34236
Website
Recharge Acquisition Corp is a blank check company.
Executives
Anthony R. Kenney director, officer: Chief Executive Officer C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Mitchell D Steenrod director 12800 TUCKAHOE CREEK PKWY, RICHMOND VA 23238
John E. Bachman director 77 EXETER STREET, 1809, BOSTON MA 02116
Rajesh K Soin director, 10 percent owner
Donald R Graber director
Michael I Gearhardt officer: Chief Financial Officer C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432
Skg Sponsor Llc 10 percent owner 1129 MIAMISBURG CENTERVILLE RD., WEST CARROLLTON OH 45449