ExcelFin Acquisition (ExcelFin Acquisition) Debt-to-EBITDA : -0.18 (As of Mar. 2024)

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What is ExcelFin Acquisition Debt-to-EBITDA?

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

ExcelFin Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.30 Mil. ExcelFin Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. ExcelFin Acquisition's annualized EBITDA for the quarter that ended in Mar. 2024 was $-7.29 Mil. ExcelFin Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.18.

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

XFINU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.18 Med: -0.16 Max: -0.15
Current: -0.15

During the past 3 years, the highest Debt-to-EBITDA Ratio of ExcelFin Acquisition was -0.15. The lowest was -0.18. And the median was -0.16.

XFINU's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.375 vs XFINU: -0.15

ExcelFin Acquisition Debt-to-EBITDA Historical Data

The historical data trend for ExcelFin 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.

ExcelFin Acquisition Debt-to-EBITDA Chart

ExcelFin Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

N/A

-0.15

-0.18

ExcelFin Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial								-0.40	-0.06	-0.15	-0.32	-0.18

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

For the Shell Companies subindustry, ExcelFin 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.

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

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

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

ExcelFin Acquisition Debt-to-EBITDA Calculation

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

ExcelFin Acquisition'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
	=	(1.297	+	0)	/	-7.241
	=	-0.18

ExcelFin Acquisition'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
	=	(1.297	+	0)	/	-7.292
	=	-0.18

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 (Mar. 2024) EBITDA data.

ExcelFin Acquisition (NAS:XFINU) 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.

ExcelFin Acquisition Debt-to-EBITDA Related Terms

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