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Chenghe Acquisition Co (Chenghe Acquisition Co) Debt-to-EBITDA : -0.02 (As of Sep. 2023)


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What is Chenghe Acquisition Co Debt-to-EBITDA?

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

Chenghe Acquisition Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.10 Mil. Chenghe Acquisition Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Chenghe Acquisition Co's annualized EBITDA for the quarter that ended in Sep. 2023 was $-5.60 Mil. Chenghe Acquisition Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.02.

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

CHEA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.04   Med: 0   Max: 0
Current: -0.04

CHEA's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.375 vs CHEA: -0.04

Chenghe Acquisition Co Debt-to-EBITDA Historical Data

The historical data trend for Chenghe Acquisition Co'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.

Chenghe Acquisition Co Debt-to-EBITDA Chart

Chenghe Acquisition Co Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A -

Chenghe Acquisition Co 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 - - - - -0.02

Competitive Comparison of Chenghe Acquisition Co's Debt-to-EBITDA

For the Shell Companies subindustry, Chenghe Acquisition Co'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.


Chenghe Acquisition Co's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Chenghe Acquisition Co Debt-to-EBITDA Calculation

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

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

Chenghe Acquisition Co'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
=(0.1 + 0) / -5.604
=-0.02

* 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.


Chenghe Acquisition Co  (NAS:CHEA) 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.


Chenghe Acquisition Co Debt-to-EBITDA Related Terms

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


Chenghe Acquisition Co (Chenghe Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
38 Beach Road No.29-11, South Beach Tower, Singapore, SGP, 189767
Website
Chenghe Acquisition Co is a newly incorporated blank check formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.
Executives
Robert D Ewing director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Qi Li director, 10 percent owner C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Chenghe Investment Co. director, 10 percent owner 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Zhiyang Zhou officer: Chief Financial Officer 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Shibin Wang director, officer: Chief Executive Officer 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Kwan Sun director 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 999077
Ning Ma director 4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 999077

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