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Project Energy Reimagined Acquisition (Project Energy Reimagined Acquisition) Debt-to-EBITDA : -0.08 (As of Dec. 2023)


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What is Project Energy Reimagined Acquisition Debt-to-EBITDA?

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

Project Energy Reimagined Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.50 Mil. Project Energy Reimagined Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Project Energy Reimagined Acquisition's annualized EBITDA for the quarter that ended in Dec. 2023 was $-6.44 Mil. Project Energy Reimagined Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.08.

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

PEGR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.1   Med: -0.1   Max: -0.1
Current: -0.1

During the past 3 years, the highest Debt-to-EBITDA Ratio of Project Energy Reimagined Acquisition was -0.10. The lowest was -0.10. And the median was -0.10.

PEGR's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.145 vs PEGR: -0.10

Project Energy Reimagined Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Project Energy Reimagined 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.

Project Energy Reimagined Acquisition Debt-to-EBITDA Chart

Project Energy Reimagined Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - -0.10

Project Energy Reimagined Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -0.04 -0.08

Competitive Comparison of Project Energy Reimagined Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Project Energy Reimagined 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.


Project Energy Reimagined Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Project Energy Reimagined Acquisition Debt-to-EBITDA Calculation

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

Project Energy Reimagined 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
=(0.5 + 0) / -4.95
=-0.10

Project Energy Reimagined Acquisition's annualized Debt-to-EBITDA for the quarter 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
=(0.5 + 0) / -6.444
=-0.08

* 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 (Dec. 2023) EBITDA data.


Project Energy Reimagined Acquisition  (NAS:PEGR) 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.


Project Energy Reimagined Acquisition Debt-to-EBITDA Related Terms

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


Project Energy Reimagined Acquisition (Project Energy Reimagined Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1285 Camino Real, Suite 200, Menlo Park, CA, USA, 94025
Project Energy Reimagined Acquisition Corp is a blank check company.
Executives
Eric A. Spiegel director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Michael G Browning director 550 SOUTH TRYON STREET - DEC45A, CHARLOTTE NC 28202
Wenjun Liu officer: Head of Technology Strategy 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Prakash Ramachandran officer: Chief Financial Officer 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Timothy Dummer officer: Head of Business Strategy 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
David E Roberts officer: Chief Operating Officer 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Nina Jensen director 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Srinath Narayanan director, 10 percent owner, officer: Chief Executive Officer 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Smilodon Capital, Llc 10 percent owner 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Admit Capital, Llc 10 percent owner 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065
Sanjay K. Mehta director, officer: President 3 LAGOON DRIVE, SUITE 170, REDWOOD CITY CA 94065