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Ignyte Acquisition (Ignyte Acquisition) Net Debt Paydown Yield % : 0.00% (As of Jun. 18, 2024)


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What is Ignyte Acquisition Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. Ignyte Acquisition does not have enough data to calculate Net Debt Paydown Yield %.


Ignyte Acquisition Net Debt Paydown Yield % Historical Data

The historical data trend for Ignyte Acquisition's Net Debt Paydown Yield % 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.

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Ignyte Acquisition Net Debt Paydown Yield % Chart

Ignyte Acquisition Annual Data
Trend Dec20 Dec21
Net Debt Paydown Yield %
- -

Ignyte Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Debt Paydown Yield % Get a 7-Day Free Trial - - - - -

Competitive Comparison of Ignyte Acquisition's Net Debt Paydown Yield %

For the Shell Companies subindustry, Ignyte Acquisition's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Ignyte Acquisition's Net Debt Paydown Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Ignyte Acquisition's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Ignyte Acquisition's Net Debt Paydown Yield % falls into.



Ignyte Acquisition Net Debt Paydown Yield % Calculation

Ignyte Acquisition's Net Debt Paydown Yield % for the quarter that ended in Jun. 2022 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( - )/71.85475
=N/A %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Ignyte Acquisition  (NAS:IGNY) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Ignyte Acquisition Net Debt Paydown Yield % Related Terms

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Ignyte Acquisition (Ignyte Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
640 5th Avenue, 4th Floor, New York, NY, USA, 10019
Ignyte Acquisition Corp is a blank check company.
Executives
Richard J Rosenstock director C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714
Cheryl Cohen director C/O MEDIVATION, INC., 201 SPEAR ST., 3RD FLOOR, SAN FRANCISCO CA 94105
Charles Wilson director C/O UNUM THERAPEUTICS, 200 CAMBRIDGEPARK DR., STE. 3100, CAMBRIDGE MA 02140
Ignyte Sponsor Llc 10 percent owner 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
David I. Rosenberg director, 10 percent owner, officer: Co-Chief Executive Officer C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
John Andrew Boockvar director C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
David J. Strupp director, 10 percent owner, officer: Co-Chief Executive Officer 107 DUNNING ROAD, NEW CANAAN CT 06840
Steven Neil Kaplan director, officer: Chief Financial Officer C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
Deerfield Management Company, L.p. (series C) 10 percent owner, other: Possible Member of 10% Group 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010
Deerfield Mgmt L.p. 10 percent owner, other: Possible Member of 10% Group 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Deerfield Partners, L.p. 10 percent owner, other: Possible Member of 10% Group 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010
James E Flynn 10 percent owner, other: Possible Member of 10% Group 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017