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Cartesian Growth II (Cartesian Growth II) Debt-to-EBITDA : -0.79 (As of Dec. 2023)


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What is Cartesian Growth II Debt-to-EBITDA?

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

Cartesian Growth II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.30 Mil. Cartesian Growth II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.68 Mil. Cartesian Growth II's annualized EBITDA for the quarter that ended in Dec. 2023 was $-5.05 Mil. Cartesian Growth II's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.79.

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 Cartesian Growth II's Debt-to-EBITDA or its related term are showing as below:

RENE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.88   Med: -3.42   Max: -1.96
Current: -1.96

During the past 3 years, the highest Debt-to-EBITDA Ratio of Cartesian Growth II was -1.96. The lowest was -4.88. And the median was -3.42.

RENE's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.145 vs RENE: -1.96

Cartesian Growth II Debt-to-EBITDA Historical Data

The historical data trend for Cartesian Growth II'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.

Cartesian Growth II Debt-to-EBITDA Chart

Cartesian Growth II Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -4.88 -1.96

Cartesian Growth II Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -4.10 -3.51 -1.81 -3.85 -0.79

Competitive Comparison of Cartesian Growth II's Debt-to-EBITDA

For the Shell Companies subindustry, Cartesian Growth II'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.


Cartesian Growth II's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Cartesian Growth II's Debt-to-EBITDA falls into.



Cartesian Growth II Debt-to-EBITDA Calculation

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

Cartesian Growth II'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
=(0.3 + 3.677) / -2.032
=-1.96

Cartesian Growth II'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
=(0.3 + 3.677) / -5.052
=-0.79

* 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.


Cartesian Growth II  (NAS:RENE) 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.


Cartesian Growth II Debt-to-EBITDA Related Terms

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


Cartesian Growth II (Cartesian Growth II) Business Description

Traded in Other Exchanges
N/A
Address
505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017
Cartesian Growth Corp II is a blank check company.
Executives
Peter Yu director, 10 percent owner, officer: See Remarks C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp 10 percent owner C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp director C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Beth Michelson officer: Chief Financial Officer C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Cgc Ii Sponsor Llc 10 percent owner C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Luque Rafael De director C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Sheryl Schwartz director C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Allan Leighton director C/O CARTESIAN GROWTH CORPORATION II, NEW YORK NY 10017

Cartesian Growth II (Cartesian Growth II) Headlines