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CleanTech Acquisition (CleanTech Acquisition) Debt-to-EBITDA : -0.07 (As of Jun. 2022)


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What is CleanTech Acquisition Debt-to-EBITDA?

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

CleanTech Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.40 Mil. CleanTech Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0.00 Mil. CleanTech Acquisition's annualized EBITDA for the quarter that ended in Jun. 2022 was $-6.09 Mil. CleanTech Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was -0.07.

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

CLAQ's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.22
* Ranked among companies with meaningful Debt-to-EBITDA only.

CleanTech Acquisition Debt-to-EBITDA Historical Data

The historical data trend for CleanTech 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.

CleanTech Acquisition Debt-to-EBITDA Chart

CleanTech Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -

CleanTech Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-EBITDA Get a 7-Day Free Trial N/A - - -0.14 -0.07

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

For the Shell Companies subindustry, CleanTech 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.


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

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

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



CleanTech Acquisition Debt-to-EBITDA Calculation

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

CleanTech 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
=(0 + 0) / -1.299
=0.00

CleanTech Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.4 + 0) / -6.088
=-0.07

* 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 (Jun. 2022) EBITDA data.


CleanTech Acquisition  (NAS:CLAQ) 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.


CleanTech Acquisition Debt-to-EBITDA Related Terms

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


CleanTech Acquisition (CleanTech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
207 West 25th Street, 9th Floor, New York, NY, USA, 10001
CleanTech Acquisition Corp is a blank check company.
Executives
Richard F Fitzgerald officer: Chief Financial Officer C/O TECHPRECISION CORPORATION, ONE BELLA DRIVE, WESTMINSTER MA 01473
Jon Najarian director 55 EAST MONROE STREET, SUITE 3800, CHICAGO IL 60603
Jonas Grossman director, 10 percent owner 17 STREET, SUITE 1600, NEW YORK NY 10004
Britt E Ide director 345 BOBWHITE COURT, SUITE 200, BOISE ID 83706
Louis R. Buffalino director, officer: Chief Operating Officer C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI FL 33139
Douglas Cole director C/O AMERICAN BATTERY METALS CORP, 930 TAHOE BLVD, STE 802-16, INCLINE VILLAGE NV 89451
Brendan Riley director 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001
Bill Richardson director 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001
Cleantech Investments, Llc 10 percent owner 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001
Elliot Spiro director, 10 percent owner, officer: Chief Executive Officer 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001
Cleantech Sponsor I Llc 10 percent owner 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001
Ankur Dhanuka officer: Chief Technology Officer 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001

CleanTech Acquisition (CleanTech Acquisition) Headlines