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Vantage Energy Acquisition Debt-to-EBITDA

: -0.15 (As of Dec. 2018)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Vantage Energy Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $1.47 Mil. Vantage Energy Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Vantage Energy Acquisition's annualized EBITDA for the quarter that ended in Dec. 2018 was $-9.73 Mil. Vantage Energy Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was -0.15.

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

VEACU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.38   Med: -0.38   Max: -0.38
Current: -0.38

During the past 2 years, the highest Debt-to-EBITDA Ratio of Vantage Energy Acquisition was -0.38. The lowest was -0.38. And the median was -0.38.

VEACU's Debt-to-EBITDA is not ranked
in the Conglomerates industry.
Industry Median: 3.33 vs VEACU: -0.38

Vantage Energy Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Vantage Energy 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.

Vantage Energy Acquisition Annual Data
Trend Dec17 Dec18
Debt-to-EBITDA
N/A -0.38

Vantage Energy Acquisition Quarterly Data
Feb17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only N/A - - - -0.15

Competitive Comparison

For the Conglomerates subindustry, Vantage Energy 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.

   

Vantage Energy Acquisition Debt-to-EBITDA Distribution

For the Conglomerates industry and Industrials sector, Vantage Energy Acquisition's Debt-to-EBITDA distribution charts can be found below:

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



Vantage Energy Acquisition Debt-to-EBITDA Calculation

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

Vantage Energy Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.472 + 0) / -3.919
=-0.38

Vantage Energy Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.472 + 0) / -9.728
=-0.15

* 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. 2018) EBITDA data.


Vantage Energy Acquisition  (NAS:VEACU) 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.


Vantage Energy Acquisition Debt-to-EBITDA Related Terms

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


Vantage Energy Acquisition Business Description

Vantage Energy Acquisition logo
Traded in Other Exchanges
N/A
Address
5221 N. O’Connor Boulevard, 11th Floor, Irving, TX, USA, 75039
Website
Vantage Energy Acquisition Corp is a blank check company.
Executives
Glick Craig S director 6122 NORWAY DALLAS TX 75230
Gieselman Scott director REG NEWCO, INC. 416 S. BELL AVENUE AMES IA 50010
Gannon Justin A. director 3 CHESTER DOWNS SAN ANTONIO TX 78257
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