SPEC (Spectaire Holdings) Debt-to-EBITDA : 0.42 (As of Jun. 2024)


What is Spectaire Holdings Debt-to-EBITDA?

Spectaire Holdings SPEC Debt-to-EBITDA is 0.42 as of Jun. 2024.

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

Spectaire Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $9.14 Mil. Spectaire Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.10 Mil. Spectaire Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was $22.03 Mil. Spectaire Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.42.

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

SPEC's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.69
* Ranked among companies with meaningful Debt-to-EBITDA only.

Spectaire Holdings  (OTCPK:SPEC) 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.

Spectaire Holdings Debt-to-EBITDA Related Terms

Spectaire Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Debt-to-EBITDA Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
0.00 -1.08 0.47

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.00 -0.38 0.09 -22.46 0.42

SPEC vs VLTO, FSS, ZWS: Debt-to-EBITDA Comparison

For the Pollution & Treatment Controls subindustry, Spectaire Holdings'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.

Spectaire Holdings Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectaire Holdings's Debt-to-EBITDA distribution charts can be found below:

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


Spectaire Holdings Debt-to-EBITDA Calculation

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

Spectaire Holdings'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
=(7.117 + 0.137) / 15.314
=0.47

Spectaire Holdings'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
=(9.137 + 0.095) / 22.028
=0.42

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.42 mean?
Spectaire Holdings (SPEC) has a Debt-to-EBITDA of 0.42 as of Jun. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Spectaire Holdings.
Is Spectaire Holdings' Debt-to-EBITDA too high?
Spectaire Holdings' current Debt-to-EBITDA is 0.42. The Industrial Products industry median Debt-to-EBITDA is 1.69. Spectaire Holdings' value of 0.42 is 75.1% below this industry median.
How does Spectaire Holdings' Debt-to-EBITDA compare to VLTO and FSS?
Spectaire Holdings' Debt-to-EBITDA of 0.42 can be compared against companies in the Industrial Products industry. The industry median Debt-to-EBITDA is 1.69. Spectaire Holdings' value of 0.42 is 75.1% below this benchmark. 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.69, based on 2,328 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. Spectaire Holdings's current Debt-to-EBITDA of 0.42 is 75.1% below the industry median. 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 Spectaire Holdings. For the Industrial Products industry, the median Debt-to-EBITDA is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectaire Holdings's current Debt-to-EBITDA is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current Debt-to-EBITDA of 0.42. The current Debt-to-EBITDA is 0.42 and 75.1% below the Industrial Products industry median of 1.69. 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 Spectaire Holdings (SPEC), the current Debt-to-EBITDA is 0.42 as of Jun. 2024. 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.