GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Alberton Acquisition Corp (NAS:ALACW) » Definitions » Debt-to-EBITDA

ALACW (Alberton Acquisition) Debt-to-EBITDA : -5.62 (As of Dec. 2021)


View and export this data going back to 2018. Start your Free Trial

What is Alberton Acquisition Debt-to-EBITDA?

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

Alberton Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $4.20 Mil. Alberton Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.00 Mil. Alberton Acquisition's annualized EBITDA for the quarter that ended in Dec. 2021 was $-0.75 Mil. Alberton Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 was -5.62.

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

ALACW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.78   Med: -5.66   Max: -4.03
Current: -5.78

During the past 4 years, the highest Debt-to-EBITDA Ratio of Alberton Acquisition was -4.03. The lowest was -5.78. And the median was -5.66.

ALACW's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.39 vs ALACW: -5.78

Alberton Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Alberton 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.

Alberton Acquisition Debt-to-EBITDA Chart

Alberton Acquisition Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
N/A -4.03 -5.66 -5.78

Alberton Acquisition Quarterly Data
Mar18 Aug18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -5.15 -4.05 -7.12 -6.26 -5.62

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

For the Shell Companies subindustry, Alberton 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.


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

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

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


;
;

Alberton Acquisition Debt-to-EBITDA Calculation

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

Alberton Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.204 + 0) / -0.728
=-5.77

Alberton Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.204 + 0) / -0.748
=-5.62

* 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. 2021) EBITDA data.


Alberton Acquisition  (NAS:ALACW) 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.


Alberton Acquisition Debt-to-EBITDA Related Terms

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


Alberton Acquisition Business Description

Traded in Other Exchanges
N/A
Address
151 Gloucester Road, Room 1001, 10th Floor, Capital Center, Wanchai, Hong Kong, HKG
Alberton Acquisition Corp is a blank check company.

Alberton Acquisition Headlines

From GuruFocus