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Alpha Star Acquisition (Alpha Star Acquisition) Debt-to-EBITDA : -11.55 (As of Sep. 2023)


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What is Alpha Star Acquisition Debt-to-EBITDA?

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

Alpha Star Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.85 Mil. Alpha Star Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Alpha Star Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.42 Mil. Alpha Star Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -11.55.

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

ALSA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.23   Med: -2.61   Max: -2.61
Current: -11.23

During the past 2 years, the highest Debt-to-EBITDA Ratio of Alpha Star Acquisition was -2.61. The lowest was -11.23. And the median was -2.61.

ALSA's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.375 vs ALSA: -11.23

Alpha Star Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Alpha Star 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.

Alpha Star Acquisition Debt-to-EBITDA Chart

Alpha Star Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A -2.61

Alpha Star Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.91 -3.33 -5.54 -10.83 -11.55

Competitive Comparison of Alpha Star Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Alpha Star 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.


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

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

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



Alpha Star Acquisition Debt-to-EBITDA Calculation

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

Alpha Star Acquisition's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.533 + 0) / -0.588
=-2.61

Alpha Star Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.85 + 0) / -0.42
=-11.55

* 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. 2023) EBITDA data.


Alpha Star Acquisition  (NAS:ALSA) 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.


Alpha Star Acquisition Debt-to-EBITDA Related Terms

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


Alpha Star Acquisition (Alpha Star Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
80 Broad Street, 5th Floor, New York, NY, USA, 10004
Website
Alpha Star Acquisition Corp is a blank check company.
Executives
Zhe Zhang director, officer: Chief Executive Officer UNIT 1631 LEVEL 16 MAN YEE BLDG, 60-68 DES VOEUX RD CENTRAL, HONG KONG F4 518000
Guojian Chen officer: Chief Financial Officer 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
A-star Management Corp. 10 percent owner 80 BROAD STREET, 5TH FLOOR, NEW YORK NY 10004
Xiaofeng Zhou director D-22A, MINGZHU COMMUNITY, NO. 1 TAOYUAN ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Konstantin A. Sokolov director 11, TRIQ ID-DULARI, SAN PAWL IL-BAHAR, SPB09 O1 263642
Heui-ching Huang director NO. 1, LANE 151, MINZU ROAD, BANQIAO DISTRICT, NEW TAIPEI CITY F5 220811

Alpha Star Acquisition (Alpha Star Acquisition) Headlines