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MACC (Mission Advancement) Debt-to-EBITDA : -0.93 (As of Sep. 2022)


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What is Mission Advancement Debt-to-EBITDA?

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

Mission Advancement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.95 Mil. Mission Advancement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Mission Advancement's annualized EBITDA for the quarter that ended in Sep. 2022 was $-1.02 Mil. Mission Advancement's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.93.

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 Mission Advancement's Debt-to-EBITDA or its related term are showing as below:

MACC's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.31
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mission Advancement Debt-to-EBITDA Historical Data

The historical data trend for Mission Advancement'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.

Mission Advancement Debt-to-EBITDA Chart

Mission Advancement Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -0.24

Mission Advancement Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial - -0.11 -0.53 -0.86 -0.93

Competitive Comparison of Mission Advancement's Debt-to-EBITDA

For the Shell Companies subindustry, Mission Advancement'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.

Mission Advancement's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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


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Mission Advancement Debt-to-EBITDA Calculation

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

Mission Advancement'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
=(0.55 + 0) / -2.288
=-0.24

Mission Advancement'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
=(0.95 + 0) / -1.02
=-0.93

* 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.

Mission Advancement  (NYSE:MACC) 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.

Mission Advancement Debt-to-EBITDA Related Terms

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

Mission Advancement Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mission Advancement Corp (NYSE:MACC) » Definitions » Debt-to-EBITDA
Comparable Companies
ACAH RXRA FACT LEGA GLBL TWNI SLAC PTOC TIOA SPGS GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2525 E Camelback Road, Suite 850, Phoenix, AZ, USA, 85016
Website
https://www.missioncorp.com
Mission Advancement Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Peter J Keane 10 percent owner, officer: Chief Financial Officer 100 BLOOMFIELD HILLS PARKWAY, STE. 300, BLOOMFIELD HILLS MI 48304
Omar Johnson director 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Stacie Olivares director 2525 E. CAMELBACK RD., STE 850, PHOENIX AZ 85016
Jahm J Najafi director, 10 percent owner, officer: Chief Executive Officer 2525 E CAMELBACK RD, SUITE 850, PHOENIX AZ 85016
Katia Beauchamp director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Mission Advancement Sponsor Llc 10 percent owner MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Dean Schnider officer: COO & Head of Business Devt. MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Attica Jaques director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Tina Rhodes-hall officer: Treasurer MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Kaepernick Colin director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016