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Finserv Acquisition II (Finserv Acquisition II) Debt-to-EBITDA : -0.15 (As of Sep. 2023)


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What is Finserv Acquisition II Debt-to-EBITDA?

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

Finserv Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.13 Mil. Finserv Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Finserv Acquisition II's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.81 Mil. Finserv Acquisition II's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.15.

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

FSRX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.12   Med: 0   Max: 0
Current: -0.12

FSRX's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.24 vs FSRX: -0.12

Finserv Acquisition II Debt-to-EBITDA Historical Data

The historical data trend for Finserv Acquisition II'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.

Finserv Acquisition II Debt-to-EBITDA Chart

Finserv Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A - -

Finserv Acquisition II Quarterly Data
Dec20 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 Premium Member Only - - - - -0.15

Competitive Comparison of Finserv Acquisition II's Debt-to-EBITDA

For the Shell Companies subindustry, Finserv Acquisition II'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.


Finserv Acquisition II's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Finserv Acquisition II Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.836
=0.00

Finserv Acquisition II'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
=(0.125 + 0) / -0.812
=-0.15

* 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.


Finserv Acquisition II  (NAS:FSRX) 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.


Finserv Acquisition II Debt-to-EBITDA Related Terms

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


Finserv Acquisition II (Finserv Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, New York, NY, USA, 10105
Finserv Acquisition Corp II is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Robert Matza director
Keating Valerie Soranno director C/O CPI CARD GROUP INC., 10026 WEST SAN JUAN WAY, LITTLETON CO 80127
Lee Einbinder director, 10 percent owner, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Howard Kurz director, officer: President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David A Smilow director
Finserv Holdings Ii Llc director, 10 percent owner, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Steven Handwerker officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Brian Vaughan director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

Finserv Acquisition II (Finserv Acquisition II) Headlines

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