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Coastal Capital Acquisition (Coastal Capital Acquisition) Debt-to-EBITDA : -7.43 (As of Sep. 2023)


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What is Coastal Capital Acquisition Debt-to-EBITDA?

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

Coastal Capital Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Coastal Capital Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.10 Mil. Coastal Capital Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.01 Mil. Coastal Capital Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -7.43.

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

CCAJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.43   Med: 0   Max: 0
Current: -7.43

CCAJ's Debt-to-EBITDA is ranked worse than
100% of 124 companies
in the Diversified Financial Services industry
Industry Median: 5.345 vs CCAJ: -7.43

Coastal Capital Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Coastal Capital 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.

Coastal Capital Acquisition Debt-to-EBITDA Chart

Coastal Capital Acquisition Annual Data
Trend
Debt-to-EBITDA

Coastal Capital Acquisition Semi-Annual Data
Sep22 Sep23
Debt-to-EBITDA - -7.43

Competitive Comparison of Coastal Capital Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Coastal Capital 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.


Coastal Capital Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Coastal Capital Acquisition Debt-to-EBITDA Calculation

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

Coastal Capital Acquisition's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Coastal Capital 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
=(0 + 0.104) / -0.014
=-7.43

* 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 one times the quarterly (Sep. 2023) EBITDA data.


Coastal Capital Acquisition  (OTCPK:CCAJ) 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.


Coastal Capital Acquisition Debt-to-EBITDA Related Terms

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


Coastal Capital Acquisition (Coastal Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
50 North Laura Street, Suite 2500, Jacksonville, FL, USA, 32202
Coastal Capital Acquisition Corp is a shell company.
Executives
Mark A Lewis director 200 PRESEVE ST., BOZEMAN MT 59718
Midwest Merger Management Llc 10 percent owner

Coastal Capital Acquisition (Coastal Capital Acquisition) Headlines

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