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TLGY Acquisition (TLGY Acquisition) Debt-to-EBITDA : -1.19 (As of Mar. 2024)


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What is TLGY Acquisition Debt-to-EBITDA?

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

TLGY Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1.28 Mil. TLGY Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. TLGY Acquisition's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.07 Mil. TLGY Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -1.19.

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

TLGY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.89   Med: -0.75   Max: -0.75
Current: -0.89

During the past 3 years, the highest Debt-to-EBITDA Ratio of TLGY Acquisition was -0.75. The lowest was -0.89. And the median was -0.75.

TLGY's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 5.42 vs TLGY: -0.89

TLGY Acquisition Debt-to-EBITDA Historical Data

The historical data trend for TLGY 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.

TLGY Acquisition Debt-to-EBITDA Chart

TLGY Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - -0.75

TLGY Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 -0.79 -0.91 -0.75 -1.19

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

For the Shell Companies subindustry, TLGY 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.


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

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

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



TLGY Acquisition Debt-to-EBITDA Calculation

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

TLGY 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
=(1.292 + 0) / -1.726
=-0.75

TLGY Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.277 + 0) / -1.072
=-1.19

* 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 (Mar. 2024) EBITDA data.


TLGY Acquisition  (NAS:TLGY) 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.


TLGY Acquisition Debt-to-EBITDA Related Terms

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


TLGY Acquisition (TLGY Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
TLGY Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Theron Edwin Odlaug officer: Co-President 1440 DAVEY ROAD, WOODRIDGE IL 60517
Tlgy Sponsors Llc 10 percent owner YUE XIU BUILDING, ROOM 601, 6/F,, 160-174 LOCKHART ROAD, WANCHAI, HONG KONG SAR K3 00000
Steven Terence Norman director, officer: See Remarks 43C EDGECLIFFE BOULEVARDE, COLLAROY PLATEAU C3 2097
Donghyun Han director . FLAT C, 14TH FL, CHERISH COURT ,, 2 CAPELAND DRIVE, HONG KONG K3 00000
Vijayan Shrijay director 1724 E 54TH ST, UNIT M, CHICAGO IL 60615
Hyunchan Cho director FLAT 1602, BLOCK A,, 9 OLD PEAK ROAD, MID-LEVELS, HONG KONG K3 00000
Jin Goon Kim director, 10 percent owner, officer: Chief Executive Officer HOUSE 95, PALM DRIVE, REDHILL PENINSULA,, 18 PAK PAT SHAN ROAD, TAI TAM,, HONG KONG K3 00000