Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Debt-to-EBITDA : -0.75 (As of Mar. 2024)

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What is Blockchain Coinvestors Acquisition I Debt-to-EBITDA?

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

Blockchain Coinvestors Acquisition I's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.26 Mil. Blockchain Coinvestors Acquisition I's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Blockchain Coinvestors Acquisition I's annualized EBITDA for the quarter that ended in Mar. 2024 was $-3.02 Mil. Blockchain Coinvestors Acquisition I's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.75.

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

BCSA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.37 Med: -0.54 Max: -0.12
Current: -1.37

During the past 3 years, the highest Debt-to-EBITDA Ratio of Blockchain Coinvestors Acquisition I was -0.12. The lowest was -1.37. And the median was -0.54.

BCSA's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.375 vs BCSA: -1.37

Blockchain Coinvestors Acquisition I Debt-to-EBITDA Historical Data

The historical data trend for Blockchain Coinvestors Acquisition 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.

Blockchain Coinvestors Acquisition I Debt-to-EBITDA Chart

Blockchain Coinvestors Acquisition I Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

N/A

-0.12

-0.96

Blockchain Coinvestors Acquisition I Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial							-0.20	-0.30	-1.15	0.67	-0.75

Competitive Comparison of Blockchain Coinvestors Acquisition I's Debt-to-EBITDA

For the Shell Companies subindustry, Blockchain Coinvestors Acquisition 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.

Blockchain Coinvestors Acquisition I's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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

Blockchain Coinvestors Acquisition I Debt-to-EBITDA Calculation

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

Blockchain Coinvestors Acquisition 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
	=	(2.017	+	0)	/	-2.094
	=	-0.96

Blockchain Coinvestors Acquisition 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
	=	(2.26	+	0)	/	-3.02
	=	-0.75

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.

Blockchain Coinvestors Acquisition I (NAS:BCSA) 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.

Blockchain Coinvestors Acquisition I Debt-to-EBITDA Related Terms

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

Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Blockchain Coinvestors Acquisition Corp I (NAS:BCSA) » Definitions » Debt-to-EBITDA

Comparable Companies

VCXB LCW GAQ FLME CHEA EVE HCMA SUAC ALCY HHLA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

N/A

Address

Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102

Website

https://www.blockchaincac1.com

Blockchain Coinvestors Acquisition Corp I is a blank check company.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mitchell Mechigian	officer: Chief Financial Officer	P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Alison Davis	10 percent owner, officer: Managing Director	255 FISERV DRIVE, BROOKFIELD WI 53045
Lou Kerner	director, 10 percent owner, officer: Managing Director and CEO	P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Wiel Colin T.	director	P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Le Merle Matthew C	director, 10 percent owner, officer: Managing Director and Chair	4545 PARADISE DRIVE, TIBURON CA 94920
Blockchain Coinvestors Acquisition Sponsors I Llc	10 percent owner	1120 NW COUCH STREET, 10TH FLOOR, PORTLAND OR 97209
Gary Lloyd Cookhorn	director	P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Rebecca Lynn Macieira-kaufmann	director	P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102

Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Headlines

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