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BGP Acquisition (NEOE:BGP.U) Debt-to-EBITDA : -0.42 (As of Sep. 2022)


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What is BGP Acquisition Debt-to-EBITDA?

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

BGP Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.40 Mil. BGP Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. BGP Acquisition's annualized EBITDA for the quarter that ended in Sep. 2022 was $-0.95 Mil. BGP Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.42.

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

NEOE:BGP.U'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.

BGP Acquisition Debt-to-EBITDA Historical Data

The historical data trend for BGP 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.

BGP Acquisition Debt-to-EBITDA Chart

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

BGP Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial - - -0.20 -0.03 -0.42

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

For the Shell Companies subindustry, BGP 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.


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

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

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



BGP Acquisition Debt-to-EBITDA Calculation

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

BGP 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) / -6.373
=0.00

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.398 + 0) / -0.948
=-0.42

* 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. 2022) EBITDA data.


BGP Acquisition  (NEOE:BGP.U) 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.


BGP Acquisition Debt-to-EBITDA Related Terms

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


BGP Acquisition (NEOE:BGP.U) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 1500, 1550 Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
Website
BGP Acquisition Corp is a special purpose acquisition company.

BGP Acquisition (NEOE:BGP.U) Headlines

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