New Energy One Acquisition (LSE:NEOA) Debt-to-EBITDA : -0.53 (As of Oct. 2023)

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What is New Energy One Acquisition Debt-to-EBITDA?

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

New Energy One Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £2.43 Mil. New Energy One Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. New Energy One Acquisition's annualized EBITDA for the quarter that ended in Oct. 2023 was £-4.59 Mil. New Energy One Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -0.53.

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 New Energy One Acquisition's Debt-to-EBITDA or its related term are showing as below:

LSE:NEOA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.06 Med: 0 Max: 0
Current: -1.06

LSE:NEOA's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 5.42 vs LSE:NEOA: -1.06

New Energy One Acquisition Debt-to-EBITDA Historical Data

The historical data trend for New Energy One 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.

New Energy One Acquisition Debt-to-EBITDA Chart

New Energy One Acquisition Annual Data

Trend

Debt-to-EBITDA

New Energy One Acquisition Semi-Annual Data
	May22	Oct23
Debt-to-EBITDA	-	-0.53

Competitive Comparison of New Energy One Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, New Energy One 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.

New Energy One Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where New Energy One Acquisition's Debt-to-EBITDA falls into.

New Energy One Acquisition Debt-to-EBITDA Calculation

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

New Energy One Acquisition's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(	+	)	/	N/A
	=	N/A

New Energy One Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.428	+	0)	/	-4.594
	=	-0.53

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 two times the quarterly (Oct. 2023) EBITDA data.

New Energy One Acquisition (LSE:NEOA) 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.

New Energy One Acquisition Debt-to-EBITDA Related Terms

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

New Energy One Acquisition (LSE:NEOA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » New Energy One Acquisition Corp PLC (LSE:NEOA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT

Website

https://www.neoa.london

New Energy One Acquisition Corp PLC is a special purpose acquisition company incorporated in the United Kingdom that has been established to focus on pursuing a business combination with targets that are positioned to participate in or benefit from the global transition towards a low carbon economy.

New Energy One Acquisition (LSE:NEOA) Headlines

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