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Kingswood Acquisition (Kingswood Acquisition) Debt-to-EBITDA : -0.49 (As of Sep. 2023)


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What is Kingswood Acquisition Debt-to-EBITDA?

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

Kingswood Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.41 Mil. Kingswood Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Kingswood Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-2.89 Mil. Kingswood Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.49.

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

KWAC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.41   Med: -0.28   Max: -0.28
Current: -0.41

During the past 3 years, the highest Debt-to-EBITDA Ratio of Kingswood Acquisition was -0.28. The lowest was -0.41. And the median was -0.28.

KWAC's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.24 vs KWAC: -0.41

Kingswood Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Kingswood 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.

Kingswood Acquisition Debt-to-EBITDA Chart

Kingswood Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A - -0.28

Kingswood Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.29 -0.22 -0.58 -0.53 -0.49

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

For the Shell Companies subindustry, Kingswood 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.


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

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

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



Kingswood Acquisition Debt-to-EBITDA Calculation

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

Kingswood Acquisition'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
=(1.352 + 0) / -4.784
=-0.28

Kingswood Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.41 + 0) / -2.888
=-0.49

* 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 (Sep. 2023) EBITDA data.


Kingswood Acquisition  (OTCPK:KWAC) 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.


Kingswood Acquisition Debt-to-EBITDA Related Terms

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


Kingswood Acquisition (Kingswood Acquisition) Business Description

Traded in Other Exchanges
Address
17 Battery Place, Room 625, New York, NY, USA, 10004
Kingswood Acquisition Corp is a blank check company.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Jeremy Wilder director 21 ELMRIDGE, SCARSDALE NY 10583
Gary Wilder director, 10 percent owner, other: Executive Chairman 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Caroline O'connell director 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
David Hudd director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Jonathan Massing director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Michael Nessim director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Ralph Lawrence Roth director 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Lisa Roth director 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Kingswood Global Sponsor Llc 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Howard Garland director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004