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International Media Acquisition (International Media Acquisition) Debt-to-EBITDA

: -1.23 (As of Sep. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

International Media Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.97 Mil. International Media Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. International Media Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-2.42 Mil. International Media Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -1.23.

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

IMAQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.71   Med: -0.52   Max: -0.09
Current: -1.71

During the past 3 years, the highest Debt-to-EBITDA Ratio of International Media Acquisition was -0.09. The lowest was -1.71. And the median was -0.52.

IMAQ's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 4.22 vs IMAQ: -1.71

International Media Acquisition Debt-to-EBITDA Historical Data

The historical data trend for International Media 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.

International Media Acquisition Annual Data
Trend Dec21 Mar22 Mar23
Debt-to-EBITDA
-0.09 N/A -0.95

International Media Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -0.63 -1.46 -8.36 -1.23

Competitive Comparison

For the Shell Companies subindustry, International Media 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.


International Media Acquisition Debt-to-EBITDA Distribution

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

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



International Media Acquisition Debt-to-EBITDA Calculation

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

International Media Acquisition's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.126 + 0) / -2.236
=-0.95

International Media 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
=(2.966 + 0) / -2.42
=-1.23

* 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.


International Media Acquisition  (NAS:IMAQ) 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.


International Media Acquisition Debt-to-EBITDA Related Terms

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


International Media Acquisition (International Media Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1604 US Highway 130, North Brunswick, NJ, USA, 08902
International Media Acquisition Corp is a blank check company.
Executives
Klaas P. Baks director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Pelosi Paul Francis Jr director 2269 CHESTNUT STREET, SAN FRANCISCO CA 94123
Gregory R. Silverman director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
David M. Taghioff director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Suresh Ramamurthi director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Shibasish Sarkar director, 10 percent owner, officer: Chief Executive Officer 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Vishwas Joshi officer: Chief Financial Officer 1604 HWY 130, NORTH BRUNSWICK NY 08902
Sanjay Wadhwa director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Deepak Nayar director 1604 HWY 130, NORTH BRUNSWICK NJ 08902
Content Creation Media Llc 10 percent owner 1604 HWY 130, NORTH BRUNSWICK NJ 08902