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YOTA (Yotta Acquisition) Debt-to-EBITDA : -3.41 (As of Dec. 2024)


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What is Yotta Acquisition Debt-to-EBITDA?

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

Yotta Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2.24 Mil. Yotta Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Yotta Acquisition's annualized EBITDA for the quarter that ended in Dec. 2024 was $-0.66 Mil. Yotta Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -3.41.

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

YOTA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.18   Med: -2.13   Max: -1.08
Current: -3.18

During the past 4 years, the highest Debt-to-EBITDA Ratio of Yotta Acquisition was -1.08. The lowest was -3.18. And the median was -2.13.

YOTA's Debt-to-EBITDA is ranked worse than
100% of 135 companies
in the Diversified Financial Services industry
Industry Median: 4.11 vs YOTA: -3.18

Yotta Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Yotta 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.

Yotta Acquisition Debt-to-EBITDA Chart

Yotta Acquisition Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
N/A - -1.08 -3.18

Yotta Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.47 -3.75 -3.36 -2.21 -3.41

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

For the Shell Companies subindustry, Yotta 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.


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

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

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


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Yotta Acquisition Debt-to-EBITDA Calculation

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

Yotta Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.237 + 0) / -0.704
=-3.18

Yotta Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.237 + 0) / -0.656
=-3.41

* 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. 2024) EBITDA data.


Yotta Acquisition  (NAS:YOTA) 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.


Yotta Acquisition Debt-to-EBITDA Related Terms

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


Yotta Acquisition Business Description

Traded in Other Exchanges
N/A
Address
1185 Avenue of the Americas, Suite 301, New York, NY, USA, 10036
Website
Yotta Acquisition Corp is a shell company.
Executives
Yotta Investment Llc 10 percent owner 1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Hui Chen director, 10 percent owner, officer: Chief Executive Officer 1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Robert L. Labbe director, officer: Chief Financial Officer 1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Michael Abraham Lazar director 1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Brandon Miller director 1185 AVENUE OF THE AMERICAS, SUITE 301, NEW YORK NY 10036
Daniel M. Mccabe director 1200 SUMMER STREET, SUITE 201C, STAMFORD CT 06905

Yotta Acquisition Headlines

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