GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Generation Asia I Acquisition Ltd (NAS:GAQ) » Definitions » Debt-to-EBITDA

Generation Asia I Acquisition (Generation Asia I Acquisition) Debt-to-EBITDA : -1.23 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Generation Asia I Acquisition Debt-to-EBITDA?

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

Generation Asia I Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.05 Mil. Generation Asia I Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Generation Asia I Acquisition's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.66 Mil. Generation Asia I Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -1.23.

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

GAQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.53   Med: -1.27   Max: -1.27
Current: -1.53

During the past 3 years, the highest Debt-to-EBITDA Ratio of Generation Asia I Acquisition was -1.27. The lowest was -1.53. And the median was -1.27.

GAQ's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.375 vs GAQ: -1.53

Generation Asia I Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Generation Asia I 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.

Generation Asia I Acquisition Debt-to-EBITDA Chart

Generation Asia I Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - -1.27

Generation Asia I Acquisition Quarterly Data
Mar21 Jun21 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 Premium Member Only - - -0.73 -1.69 -1.23

Competitive Comparison of Generation Asia I Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Generation Asia I 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.


Generation Asia I Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Generation Asia I Acquisition Debt-to-EBITDA Calculation

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

Generation Asia I 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
=(1.5 + 0) / -1.186
=-1.26

Generation Asia I 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
=(2.05 + 0) / -1.664
=-1.23

* 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.


Generation Asia I Acquisition  (NAS:GAQ) 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.


Generation Asia I Acquisition Debt-to-EBITDA Related Terms

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


Generation Asia I Acquisition (Generation Asia I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Cricket Square, Boundary Hall, Grand Cayman, CYM, KY1-1102
Generation Asia I Acquisition Ltd is a blank check company.
Executives
Mei Gao director 101 CENTRAL PARK WEST, 4B, NEW YORK NY 10023
Sunghwan Cho director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Roy Kuan director, officer: Chief Executive Officer 68 YEE WO STREET, 18/F, CAUSEWAY BAY K3 00000
Kwok Catherine Chung Ka officer: Chief Financial Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Norimitsu Niwa director, officer: Chief Operating Officer TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Gary Wb Chan director TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3

Generation Asia I Acquisition (Generation Asia I Acquisition) Headlines