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Infint Acquisition (Infint Acquisition) Debt-to-EBITDA : -0.24 (As of Dec. 2023)


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What is Infint Acquisition Debt-to-EBITDA?

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

Infint Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.33 Mil. Infint Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Infint Acquisition's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1.38 Mil. Infint Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.24.

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

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

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

IFIN's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 4.22 vs IFIN: -0.16

Infint Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Infint 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.

Infint Acquisition Debt-to-EBITDA Chart

Infint Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - -0.16

Infint Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - -0.04 -0.11 -0.24

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

For the Shell Companies subindustry, Infint 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.


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

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

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



Infint Acquisition Debt-to-EBITDA Calculation

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

Infint 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
=(0.325 + 0) / -2.028
=-0.16

Infint Acquisition's annualized Debt-to-EBITDA for the quarter 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
=(0.325 + 0) / -1.38
=-0.24

* 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. 2023) EBITDA data.


Infint Acquisition  (NYSE:IFIN) 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.


Infint Acquisition Debt-to-EBITDA Related Terms

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


Infint Acquisition (Infint Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
32 Broadway, Suite 401, New York, NY, USA, 10004
Infint Acquisition Corp is a blank check company.
Executives
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Taconic Capital Advisors Lp 10 percent owner 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Frank Brosens 10 percent owner C/O TACONIC CAPITAL ADVISORS LP, 280 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10017
Taconic Capital Advisors Uk Llp 10 percent owner 55 GROSVENOR STREET, 4TH FLOOR, LONDON X0 W1K 3HY
Andrey Novikov director 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324
Kevin Chen director 7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Sheldon Brickman officer: Chief Financial Officer 1452 EAST 21ST STREET, BROOKLYN NY 11210
Jing Huang director 47 JAMES RD, MT KISCO NY 10549
Michael Moradzadeh director 800 OAK GROVE AVENUE, SUITE 250, MENLO PARK CA 94025
Alexander Edgarov director, 10 percent owner, officer: Chief Executive Officer 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Dave Cameron director 3738 FLORAMAR TERRACE, NEW PORT RICHEY FL 34652
Infint Capital Llc 10 percent owner 32 BROADWAY, SUITE 401, NEW YORK NY 10004
Eric David Weinstein director 7 PINEWOOD CIRCLE, WHITE PLAINS NY 10603