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Tech And Energy Transition (Tech And Energy Transition) Debt-to-EBITDA : -1.90 (As of Dec. 2022)


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What is Tech And Energy Transition Debt-to-EBITDA?

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

Tech And Energy Transition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.40 Mil. Tech And Energy Transition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. Tech And Energy Transition's annualized EBITDA for the quarter that ended in Dec. 2022 was $-0.21 Mil. Tech And Energy Transition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was -1.90.

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 Tech And Energy Transition's Debt-to-EBITDA or its related term are showing as below:

TETCU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.21   Med: 0   Max: 0
Current: -0.21

TETCU's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.22 vs TETCU: -0.21

Tech And Energy Transition Debt-to-EBITDA Historical Data

The historical data trend for Tech And Energy Transition'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.

Tech And Energy Transition Debt-to-EBITDA Chart

Tech And Energy Transition Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
- - - -

Tech And Energy Transition Quarterly Data
Mar19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.47 -0.33 -1.90

Competitive Comparison of Tech And Energy Transition's Debt-to-EBITDA

For the Shell Companies subindustry, Tech And Energy Transition'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.


Tech And Energy Transition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tech And Energy Transition's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tech And Energy Transition's Debt-to-EBITDA falls into.



Tech And Energy Transition Debt-to-EBITDA Calculation

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

Tech And Energy Transition's Debt-to-EBITDA for the fiscal year that ended in Mar. 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) / -2.856
=0.00

Tech And Energy Transition's annualized Debt-to-EBITDA for the quarter 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
=(0.395 + 0) / -0.208
=-1.90

* 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 (Dec. 2022) EBITDA data.


Tech And Energy Transition  (NAS:TETCU) 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.


Tech And Energy Transition Debt-to-EBITDA Related Terms

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


Tech And Energy Transition (Tech And Energy Transition) Business Description

Traded in Other Exchanges
N/A
Address
125 W 55th Street, New York, NY, USA, 10019
Tech And Energy Transition Corp is a blank check company.
Executives
Daniel Hesse director
Diarmuid B. Oconnell director 47 MUSTANG CIRCLE, SNOWMASS VILLAGE CO 81615
John Spirtos officer: CEO and President 46000 CENTER OAK PLAZA, STERLING VA 20166
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Mihi Llc 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Virginia G Breen director C/O CMGI. INC., 1100 WINTER STREET, WALTHAM MA 02451
James P Avery director
Lawrence R Handen director UBS CAPITAL, 48 SIGNAL ROAD, STAMFORD CT 06902-7916
Tech & Energy Transition Sponsor Llc 10 percent owner 125 W 55TH STREET, NEW YORK NY 10019
Gautham Srinivas officer: CLC & Company Secretary C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019
Stephen Feilhauer officer: Chief Financial Officer C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019
David Roseman director C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019
Greg Callman officer: Energy Chief Invest Officer C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019
Gregory Gilmore director C/O TECH & ENERGY TRANSITION CORP, 125 W 55TH STREET, NEW YORK NY 10019

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