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Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Debt-to-EBITDA : -2.50 (As of Mar. 2024)


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What is Welsbach Technology Metals Acquisition Debt-to-EBITDA?

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

Welsbach Technology Metals Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.22 Mil. Welsbach Technology Metals Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Welsbach Technology Metals Acquisition's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.29 Mil. Welsbach Technology Metals Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.50.

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

WTMA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.28   Med: -0.87   Max: -0.46
Current: -1.28

During the past 3 years, the highest Debt-to-EBITDA Ratio of Welsbach Technology Metals Acquisition was -0.46. The lowest was -1.28. And the median was -0.87.

WTMA's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.24 vs WTMA: -1.28

Welsbach Technology Metals Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition Debt-to-EBITDA Chart

Welsbach Technology Metals Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A -0.46 -1.28

Welsbach Technology Metals Acquisition Quarterly Data
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 -0.46 -1.34 -1.15 -2.17 -2.50

Competitive Comparison of Welsbach Technology Metals Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Welsbach Technology Metals 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.


Welsbach Technology Metals Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Welsbach Technology Metals Acquisition Debt-to-EBITDA Calculation

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

Welsbach Technology Metals 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
=(2.845 + 0) / -2.223
=-1.28

Welsbach Technology Metals 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
=(3.219 + 0) / -1.288
=-2.50

* 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.


Welsbach Technology Metals Acquisition  (NAS:WTMA) 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.


Welsbach Technology Metals Acquisition Debt-to-EBITDA Related Terms

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


Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
160 South Craig Place, Lombard, IL, USA, 60148
Welsbach Technology Metals Acquisition Corp is a blank check company.
Executives
John P Stanfield officer: Chief Financial Officer 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Welsbach Acquisition Holdings Llc 10 percent owner 160 S CRAIG PLACE, LOMBARD IL 60148
Matthew T. Mrozinski director 160 S CRAIG PLACE, LOMBARD IL 60148
Daniel Mamadou director, officer: Chief Executive Officer 160 S CRAIG PLACE, LOMBARD IL 60148
Emily King director 160 S CRAIG PLACE, LOMBARD IL 60148
Christopher Clower director, officer: Chief Operating Officer 160 S CRAIG PLACE, LOMBARD IL 60148
Ralph Welpe director 160 S CRAIG PLACE, LOMBARD IL 60148

Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Headlines

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