GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trailblazer Merger Corp I (NAS:TBMCU) » Definitions » Debt-to-EBITDA

Trailblazer Merger I (Trailblazer Merger I) Debt-to-EBITDA : -2.61 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Trailblazer Merger I Debt-to-EBITDA?

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

Trailblazer Merger I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.01 Mil. Trailblazer Merger I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Trailblazer Merger I's annualized EBITDA for the quarter that ended in Mar. 2024 was $-0.39 Mil. Trailblazer Merger I's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.61.

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 Trailblazer Merger I's Debt-to-EBITDA or its related term are showing as below:

TBMCU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -56.25   Med: -28.34   Max: -0.43
Current: -1.15

During the past 3 years, the highest Debt-to-EBITDA Ratio of Trailblazer Merger I was -0.43. The lowest was -56.25. And the median was -28.34.

TBMCU's Debt-to-EBITDA is ranked worse than
100% of 132 companies
in the Diversified Financial Services industry
Industry Median: 3.95 vs TBMCU: -1.15

Trailblazer Merger I Debt-to-EBITDA Historical Data

The historical data trend for Trailblazer Merger I'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.

Trailblazer Merger I Debt-to-EBITDA Chart

Trailblazer Merger I Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -56.25 -0.43

Trailblazer Merger I Semi-Annual Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -1.25 -1.75 -1.68 -2.90 -2.61

Competitive Comparison of Trailblazer Merger I's Debt-to-EBITDA

For the Shell Companies subindustry, Trailblazer Merger I'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.


Trailblazer Merger I's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Trailblazer Merger I's Debt-to-EBITDA falls into.



Trailblazer Merger I Debt-to-EBITDA Calculation

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

Trailblazer Merger I'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
=(0.322 + 0) / -0.751
=-0.43

Trailblazer Merger I's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.012 + 0) / -0.388
=-2.61

* 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 one times the quarterly (Mar. 2024) EBITDA data.


Trailblazer Merger I  (NAS:TBMCU) 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.


Trailblazer Merger I Debt-to-EBITDA Related Terms

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


Trailblazer Merger I (Trailblazer Merger I) Business Description

Traded in Other Exchanges
Address
510 Madison Avenue, Suite 1401, New York, NY, USA, 10022
Website
Trailblazer Merger Corp I is a blank check company.

Trailblazer Merger I (Trailblazer Merger I) Headlines