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GO Acquisition Debt-to-EBITDA

: -0.47 (As of Mar. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

GO Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.80 Mil. GO Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.00 Mil. GO Acquisition's annualized EBITDA for the quarter that ended in Mar. 2022 was $-1.69 Mil. GO Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was -0.47.

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

GOAC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.04   Max: 0.04
Current: 0.04

During the past 2 years, the highest Debt-to-EBITDA Ratio of GO Acquisition was 0.04. The lowest was 0.04. And the median was 0.04.

GOAC's Debt-to-EBITDA is ranked better than
91.74% of 109 companies
in the Diversified Financial Services industry
Industry Median: 5.91 vs GOAC: 0.04

GO Acquisition Debt-to-EBITDA Historical Data

The historical data trend for GO 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.

GO Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A 0.04

GO Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only -0.29 -0.26 -0.03 0.01 -0.47

Competitive Comparison

For the Shell Companies subindustry, GO 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.

   

GO Acquisition Debt-to-EBITDA Distribution

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

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



GO Acquisition Debt-to-EBITDA Calculation

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

GO 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
=(0.8 + 0) / 20.876
=0.04

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.8 + 0) / -1.692
=-0.47

* 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 (Mar. 2022) EBITDA data.


GO Acquisition  (NYSE:GOAC) 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.


GO Acquisition Debt-to-EBITDA Related Terms

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


GO Acquisition Business Description

GO Acquisition logo
Traded in Other Exchanges
Address
450 West 14th Street, 15th Floor, New York, NY, USA, 10014
GO Acquisition Corp is a blank check company.
Executives
Ohara Michael Gregory director, 10 percent owner, officer: Co-Chief Executive Officer C/O CERTARES MANAGEMENT LLC 350 MADISON AVENUE, 8TH FLOOR NEW YORK NY 10017
San Miguel Alejandro R. officer: Vice President and Secretary C/O GLG PARTNERS LP 1 CURZON STREET LONDON X0 W1J 5HB
Gottesman Noam director, 10 percent owner, officer: Co-Chief Executive Officer C/O TOMS CAPITAL LLC 450 WEST 14TH STREET, 13TH FLOOR NEW YORK NY 10014
Corio Norma director C/O GO ACQUISITION CORP. 450 W 14TH ST NEW YORK NY 10014
Weltsch Guy officer: President and CFO C/O GO ACQUISITION CORP. 460 W 14TH ST NEW YORK NY 10014
Go Acquisition Founder Llc 10 percent owner 450 W 14TH STREET NEW YORK NY 10014
Marsden Spencer officer: Vice President C/O GO ACQUISITION CORP. 450 W 14TH ST NEW YORK NY 10014
Isaacs Jeremy Michael director C/O GO ACQUISITION CORP. 450 W 14TH ST NEW YORK NY 10014
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