Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Debt-to-EBITDA : 8.13 (As of Jun. 2023)

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What is Vahanna Tech Edge Acquisition I Debt-to-EBITDA?

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

Vahanna Tech Edge Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.54 Mil. Vahanna Tech Edge Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Vahanna Tech Edge Acquisition I's annualized EBITDA for the quarter that ended in Jun. 2023 was $0.31 Mil. Vahanna Tech Edge Acquisition I's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 8.13.

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 Vahanna Tech Edge Acquisition I's Debt-to-EBITDA or its related term are showing as below:

VHNA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.72 Med: -0.15 Max: -0.15
Current: -0.72

During the past 2 years, the highest Debt-to-EBITDA Ratio of Vahanna Tech Edge Acquisition I was -0.15. The lowest was -0.72. And the median was -0.15.

VHNA's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.42 vs VHNA: -0.72

Vahanna Tech Edge Acquisition I Debt-to-EBITDA Historical Data

The historical data trend for Vahanna Tech Edge Acquisition 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.

Vahanna Tech Edge Acquisition I Debt-to-EBITDA Chart

Vahanna Tech Edge Acquisition I Annual Data

Trend

Dec21

Dec22

Debt-to-EBITDA

N/A

-0.15

Vahanna Tech Edge Acquisition I Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial				-0.83	-0.24	-0.06	-0.12	8.13

Competitive Comparison of Vahanna Tech Edge Acquisition I's Debt-to-EBITDA

For the Shell Companies subindustry, Vahanna Tech Edge Acquisition 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.

Vahanna Tech Edge Acquisition I's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Vahanna Tech Edge Acquisition I's Debt-to-EBITDA falls into.

Vahanna Tech Edge Acquisition I Debt-to-EBITDA Calculation

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

Vahanna Tech Edge Acquisition I'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
	=	(0.3	+	0)	/	-1.995
	=	-0.15

Vahanna Tech Edge Acquisition I's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.535	+	0)	/	0.312
	=	8.13

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. 2023) EBITDA data.

Vahanna Tech Edge Acquisition I (NAS:VHNA) 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.

Vahanna Tech Edge Acquisition I Debt-to-EBITDA Related Terms

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

Vahanna Tech Edge Acquisition I (Vahanna Tech Edge Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Vahanna Tech Edge Acquisition I Corp (NAS:VHNA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1230 Avenue of the Americas, 16th Floor, New York, NY, USA, 10020

Website

https://www.vahannatech.com

Vahanna Tech Edge Acquisition I Corp is a newly blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Avacara Pte, Ltd.	10 percent owner	14 ROBINSON ROAD, #12-01/02, FAR EAST FINANCE BUILDING, SINGAPORE U0 048545
Steven J. Carlson	director	C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Zoe Ashcroft	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Ankur Kamboj	officer: Chief Operating Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Mohit Pasricha	officer: Chief Financial Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Rohan Malhotra	director, officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Supurna Vedbrat	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Xavier Blanchard	officer: See Remarks	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 17 LOCKWOOD AVENUE, OLD GREENWICH CT 06870
Akshaya Bhargava	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Vinode Ramgopal	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 1230 AVENUE OF THE AMERICAS, 16TH FLOOR, NEW YORK NY 10020
Ajay Shah	director	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Abha Kumar	director	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Karan Puri	officer: Chief Executive Officer	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Vahanna Llc	10 percent owner	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010
Saurav Adhikari	director, officer: Chairman	C/O VAHANNA TECH EDGE ACQUISITION I CORP, 5 EAST 22ND STREET, APT 4M, NEW YORK NY 10010