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Achari Ventures Holdings I (Achari Ventures Holdings I) Debt-to-EBITDA : -0.39 (As of Mar. 2024)


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What is Achari Ventures Holdings I Debt-to-EBITDA?

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

Achari Ventures Holdings I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.83 Mil. Achari Ventures Holdings I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Achari Ventures Holdings I's annualized EBITDA for the quarter that ended in Mar. 2024 was $-2.12 Mil. Achari Ventures Holdings I's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.39.

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 Achari Ventures Holdings I's Debt-to-EBITDA or its related term are showing as below:

AVHI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.3   Med: -0.18   Max: -0.18
Current: -0.3

During the past 3 years, the highest Debt-to-EBITDA Ratio of Achari Ventures Holdings I was -0.18. The lowest was -0.30. And the median was -0.18.

AVHI's Debt-to-EBITDA is ranked worse than
100% of 124 companies
in the Diversified Financial Services industry
Industry Median: 5.345 vs AVHI: -0.30

Achari Ventures Holdings I Debt-to-EBITDA Historical Data

The historical data trend for Achari Ventures Holdings I'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.

Achari Ventures Holdings I Debt-to-EBITDA Chart

Achari Ventures Holdings I Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - -0.18

Achari Ventures Holdings I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.07 -0.15 -0.19 -0.39

Competitive Comparison of Achari Ventures Holdings I's Debt-to-EBITDA

For the Shell Companies subindustry, Achari Ventures Holdings I'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.


Achari Ventures Holdings I's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Achari Ventures Holdings I's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Achari Ventures Holdings I's Debt-to-EBITDA falls into.



Achari Ventures Holdings I Debt-to-EBITDA Calculation

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

Achari Ventures Holdings I'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
=(0.582 + 0) / -3.18
=-0.18

Achari Ventures Holdings I's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.826 + 0) / -2.116
=-0.39

* 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. 2024) EBITDA data.


Achari Ventures Holdings I  (OTCPK:AVHI) 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.


Achari Ventures Holdings I Debt-to-EBITDA Related Terms

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


Achari Ventures Holdings I (Achari Ventures Holdings I) Business Description

Traded in Other Exchanges
N/A
Address
60 Walnut Avenue, Suite 400, Clark, NJ, USA, 07066
Achari Ventures Holdings Corp I is a blank check company.
Executives
Mark Pelson director PROVIDENCE EQUITY, 50 KENNEDY PLAZA, PROVIDENCE RI 02903
Harry Demott director C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140
Kevin K. Albert director 4146 STATE ROUTE 66, MALDEN BRIDGE NY 12115
Achari Sponsor Holdings I Llc 10 percent owner 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Mitchell Hara officer: Chief Financial Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Merrick Friedman director, officer: Chief Investment Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Timothy Seymour director 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Vikas Desai director, officer: Chief Executive Officer 60 WALNUT AVENUE, SUITE 400, CLARK NJ 07066
Seth W Farbman director 40 WALNUT AVE., SUITE 400, CLARK NJ 07066