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Newcourt Acquisition (Newcourt Acquisition) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is Newcourt Acquisition Debt-to-EBITDA?

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

Newcourt Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Newcourt Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Newcourt Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-2.23 Mil. Newcourt Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 Newcourt Acquisition's Debt-to-EBITDA or its related term are showing as below:

NCAC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.5   Med: 0   Max: 0
Current: -0.5

NCAC's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.03 vs NCAC: -0.50

Newcourt Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Newcourt 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.

Newcourt Acquisition Debt-to-EBITDA Chart

Newcourt Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A -

Newcourt Acquisition Quarterly Data
Feb21 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 - - -0.22 -0.58 -

Competitive Comparison of Newcourt Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Newcourt 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.


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

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

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



Newcourt Acquisition Debt-to-EBITDA Calculation

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

Newcourt Acquisition'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) / -1.294
=0.00

Newcourt Acquisition'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 + 0) / -2.228
=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 (Sep. 2023) EBITDA data.


Newcourt Acquisition  (NAS:NCAC) 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.


Newcourt Acquisition Debt-to-EBITDA Related Terms

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


Newcourt Acquisition (Newcourt Acquisition) Business Description

Traded in Other Exchanges
Address
2201 Broadway, Suite 705, Oakland, CA, USA, 94612
Website
Newcourt Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Newcourt Spac Sponsor Llc 10 percent owner 2201 BROADWAY, SUITE 705, OAKLNAD CA 94612
Marc Gregory Balkin director, officer: Chief Executive Officer 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Daniel C Rogers officer: Chief Financial Officer 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Simran Rekhi Aggarwal director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Rohit Bodas director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Michael Jordaan director 2201 BROADWAY, SUITE 705, OAKLAND CA 94612
Nicole Farb director 2201 BROADWAY; SUITE 705, OAKLAND CA 94612