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Sizzle Acquisition (Sizzle Acquisition) Debt-to-EBITDA : -0.39 (As of Sep. 2023)


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What is Sizzle Acquisition Debt-to-EBITDA?

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

Sizzle Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.96 Mil. Sizzle Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Sizzle Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-2.48 Mil. Sizzle Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.39.

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

SZZL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.43   Med: -0.25   Max: -0.07
Current: -0.35

During the past 3 years, the highest Debt-to-EBITDA Ratio of Sizzle Acquisition was -0.07. The lowest was -0.43. And the median was -0.25.

SZZL's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.145 vs SZZL: -0.35

Sizzle Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Sizzle 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.

Sizzle Acquisition Debt-to-EBITDA Chart

Sizzle Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A -0.43 -0.07

Sizzle Acquisition Quarterly Data
Dec20 Mar21 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 Premium Member Only -0.06 -0.04 -0.05 -0.25 -0.39

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

For the Shell Companies subindustry, Sizzle 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.


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

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

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



Sizzle Acquisition Debt-to-EBITDA Calculation

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

Sizzle 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
=(0.153 + 0) / -2.223
=-0.07

Sizzle 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
=(0.964 + 0) / -2.476
=-0.39

* 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.


Sizzle Acquisition  (NAS:SZZL) 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.


Sizzle Acquisition Debt-to-EBITDA Related Terms

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


Sizzle Acquisition (Sizzle Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4201 Georgia Avenue NW, Washington, DC, USA, 20011
Sizzle Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Warren M Thompson director 4951 LAKE BROOK DRIVE, SUITE 500, GLEN ALLEN VA 23060
Jamieson Karson director, 10 percent owner C/O STEVEN MADDEN LTD, 52 16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Karen A Kelley director 6475 CHRISTIE AVENUE, SUITE 150, EMERYVILLE CA 94608
Vo Sponsor, Llc 10 percent owner 4201 GEORGIA AVE NW, WASHINGTON DC 20011
Daniel Christopher Lee officer: Head of Business Development 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Steve Salis director, 10 percent owner, officer: Chief Executive Officer 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
David Perlin director 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011
Nestor Nova officer: CFO & Secretary 4201 GEORGIA AVENUE NW, WASHINGTON DC 20011

Sizzle Acquisition (Sizzle Acquisition) Headlines

From GuruFocus

Sizzle Acquisition Corp (SZZLU) CEO Steve Salis Bought $7.2 million of Shares

By GuruFocus Research GuruFocus Editor 11-11-2021