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Direct Selling Acquisition (Direct Selling Acquisition) Debt-to-EBITDA : -0.94 (As of Mar. 2024)


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What is Direct Selling Acquisition Debt-to-EBITDA?

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

Direct Selling Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $6.48 Mil. Direct Selling Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Direct Selling Acquisition's annualized EBITDA for the quarter that ended in Mar. 2024 was $-6.86 Mil. Direct Selling Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.94.

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

DSAQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.31   Med: -1.28   Max: -1.09
Current: -1.09

During the past 3 years, the highest Debt-to-EBITDA Ratio of Direct Selling Acquisition was -1.09. The lowest was -1.31. And the median was -1.28.

DSAQ's Debt-to-EBITDA is ranked worse than
100% of 124 companies
in the Diversified Financial Services industry
Industry Median: 5.345 vs DSAQ: -1.09

Direct Selling Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Direct Selling 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.

Direct Selling Acquisition Debt-to-EBITDA Chart

Direct Selling Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -1.26 -1.31

Direct Selling Acquisition Quarterly Data
May21 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 -1.70 -0.35 -2.44 -1.02 -0.94

Competitive Comparison of Direct Selling Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Direct Selling 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.


Direct Selling Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Direct Selling Acquisition Debt-to-EBITDA Calculation

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

Direct Selling Acquisition'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
=(6.156 + 0) / -4.691
=-1.31

Direct Selling Acquisition'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
=(6.476 + 0) / -6.86
=-0.94

* 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.


Direct Selling Acquisition  (OTCPK:DSAQ) 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.


Direct Selling Acquisition Debt-to-EBITDA Related Terms

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


Direct Selling Acquisition (Direct Selling Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
5800 Democracy Drive, Plano, TX, USA, 75024
Direct Selling Acquisition Corp is a blank check company.
Executives
Himanshu Gulati 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, NEW YORK NY 10001
Antara Capital Master Fund Lp 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Fund Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Gp Llc 10 percent owner 500 FIFTH AVENUE, SUITE 2320, NEW YORK NY 10110
Antara Capital Total Return Spac Master Fund Lp 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001
Antara Capital Total Return Spac Fund Gp Llc 10 percent owner 55 HUDSON YARDS, 47TH FLOOR, SUITE C, NEW YORK NY 10001
Wayne Lee Moorehead director, officer: Chief Strategy Officer 123 EAST 200 NORTH, ALPINE UT 84004
Addison John A. Jr. director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Dave Wentz director, officer: Chief Executive Officer 308 W 300, S #203, SALT LAKE CITY UT 84101
Bradford Richardson director 3838 WEST PARKWAY BLVD, SALT LAKE CITY UT 84120
Travis Ogden director C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024
Mike Lohner director, officer: Chief Financial Officer C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024
Heather Chastain director C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024
Dsac Partners Llc 10 percent owner C/O DIRECT SELLING ACQUISITION CORP., 5800 DEMOCRACY DRIVE, PLANO TX 75024