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Logistics Innovation Technologies (Logistics Innovation Technologies) Debt-to-EBITDA : 0.00 (As of Mar. 2023)


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What is Logistics Innovation Technologies Debt-to-EBITDA?

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

Logistics Innovation Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Logistics Innovation Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil. Logistics Innovation Technologies's annualized EBITDA for the quarter that ended in Mar. 2023 was $-1.67 Mil. Logistics Innovation Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 0.00.

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 Logistics Innovation Technologies's Debt-to-EBITDA or its related term are showing as below:

LITTU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13   Med: -0.13   Max: -0.13
Current: -0.13

During the past 2 years, the highest Debt-to-EBITDA Ratio of Logistics Innovation Technologies was -0.13. The lowest was -0.13. And the median was -0.13.

LITTU's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.345 vs LITTU: -0.13

Logistics Innovation Technologies Debt-to-EBITDA Historical Data

The historical data trend for Logistics Innovation Technologies'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.

Logistics Innovation Technologies Debt-to-EBITDA Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A -0.13

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.08 -0.09 - -0.18 -

Competitive Comparison of Logistics Innovation Technologies's Debt-to-EBITDA

For the Shell Companies subindustry, Logistics Innovation Technologies'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.


Logistics Innovation Technologies's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Logistics Innovation Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Logistics Innovation Technologies's Debt-to-EBITDA falls into.



Logistics Innovation Technologies Debt-to-EBITDA Calculation

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

Logistics Innovation Technologies'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
=(0.205 + 0) / -1.54
=-0.13

Logistics Innovation Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 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) / -1.672
=0.00

* 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. 2023) EBITDA data.


Logistics Innovation Technologies  (NAS:LITTU) 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.


Logistics Innovation Technologies Debt-to-EBITDA Related Terms

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


Logistics Innovation Technologies (Logistics Innovation Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Website
Logistics Innovation Technologies Corp is a blank check company.