Ambac Financial Group (Ambac Financial Group) Debt-to-EBITDA

: N/A (As of Dec. 2023)

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

Ambac Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Ambac Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,475.0 Mil. Ambac Financial Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.0 Mil.

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 Ambac Financial Group's Debt-to-EBITDA or its related term are showing as below:

AMBC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1096.02 Med: 17.34 Max: 35.46
Current: 35.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ambac Financial Group was 35.46. The lowest was -1096.02. And the median was 17.34.

AMBC's Debt-to-EBITDA is ranked worse than
99.31% of 291 companies
in the Insurance industry
Industry Median: 1.49 vs AMBC: 35.46

Ambac Financial Group Debt-to-EBITDA Historical Data

The historical data trend for Ambac Financial Group'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.

Ambac Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

19.36

-45.20

26.21

5.05

32.48

Ambac Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA																4.32	-148.21	72.02	8.71	N/A

Competitive Comparison

For the Insurance - Specialty subindustry, Ambac Financial Group'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.

Ambac Financial Group Debt-to-EBITDA Distribution

For the Insurance industry and Financial Services sector, Ambac Financial Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ambac Financial Group's Debt-to-EBITDA falls into.

Ambac Financial Group Debt-to-EBITDA Calculation

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

Ambac Financial Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	3475)	/	107
	=	32.48

Ambac Financial Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	3475)	/	0
	=	N/A

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. 2023) EBITDA data.

Ambac Financial Group (NYSE:AMBC) 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.

Ambac Financial Group Debt-to-EBITDA Related Terms

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

Ambac Financial Group (Ambac Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ambac Financial Group Inc (NYSE:AMBC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

FGPN:Germany FGPN:Germany

Address

One World Trade Center, New York, NY, USA, 10007

Website

https://www.ambac.com

Ambac Financial Group Incis a financial services holding company. The business operations of the company include Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. The Company has three reportable segments namely Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. Majority of revenues are earned from Legacy Financial Guarantee Insurance segment.

Executives

Claude Leblanc	director, officer: Chief Executive Officer	ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Kristi Ann Matus	director	C/O EQUITABLE HOLDINGS, INC., 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Michael D Price	director	67 ORCHARD DRIVE, NEW CANAAN CT 06840
C James Prieur	director
Lisa G Iglesias	director	1 FOUNTAIN SQUARE, LAW DEPT. 7S730, CHATTANOOGA TN 37402
David Trick	officer: Sr. MD., CFO & Treasurer	AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Daniel Mcginnis	officer: Sr. MD & COO	C/O AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK NY 10007
R Sharon Smith	officer: Senior Managing Director	ONE STATE STREET PLAZA, NEW YORK NY 10004
Robert Bryan Eisman	officer: Sr. MD & CAO	AMBAC FINANCIAL GROUP INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Jeffrey Scott Stein	director	601 TRAVIS, SUITE 1400, HOUSTON TX 77002
Stephen Michael Ksenak	officer: Sr. MD & General Counsel	AMBAC FINANCIAL GROUP, INC., ONE STATE STREET PLAZA, NEW YORK NY 10004
Joan M Lammtennant	director	40 WANTAGE AVE, BRANCHVILLE NJ 07890
David Barranco	officer: Senior Managing Director	C/O AMBAC FINANCIAL GROUP INC, ONE STATE STREET PLAZA, NEW YORK NY 10004
Tavakoli Nader	director	551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Alexander David Greene	director	3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956