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Digital World Acquisition (Digital World Acquisition) Debt-to-EBITDA : -0.09 (As of Sep. 2023)


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What is Digital World Acquisition Debt-to-EBITDA?

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

Digital World Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $5.75 Mil. Digital World Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Digital World Acquisition's annualized EBITDA for the quarter that ended in Sep. 2023 was $-63.76 Mil. Digital World Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.09.

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

DWAC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.19   Med: -0.19   Max: -0.16
Current: -0.16

During the past 3 years, the highest Debt-to-EBITDA Ratio of Digital World Acquisition was -0.16. The lowest was -0.19. And the median was -0.19.

DWAC's Debt-to-EBITDA is ranked worse than
100% of 127 companies
in the Diversified Financial Services industry
Industry Median: 4.22 vs DWAC: -0.16

Digital World Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Digital World 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.

Digital World Acquisition Debt-to-EBITDA Chart

Digital World Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A - -0.19

Digital World Acquisition Quarterly Data
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 -0.18 -0.12 -0.99 -0.09 -0.09

Competitive Comparison of Digital World Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Digital World 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.


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

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

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



Digital World Acquisition Debt-to-EBITDA Calculation

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

Digital World 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
=(3.501 + 0) / -18.921
=-0.19

Digital World 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
=(5.747 + 0) / -63.756
=-0.09

* 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.


Digital World Acquisition  (NAS:DWAC) 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.


Digital World Acquisition Debt-to-EBITDA Related Terms

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


Digital World Acquisition (Digital World Acquisition) Business Description

Traded in Other Exchanges
Address
3109 Grand Avenue, No 450, Miami, FL, USA, 33133
Website
Digital World Acquisition Corp is a blank check company.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Patrick Francis Orlando director, 10 percent owner, officer: CEO and Chairman 212 E 48TH STREET - PHB, NEW YORK NY 10017
Justin Shaner director 2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Eric Swider director 2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Rodrigo Veloso director 78 SW 7TH STREET, MIAMI FL 33130
Bruce J. Garelick director 78 SW 7TH STREET, MIAMI FL 33130
Jacobson Montie director 78 SW 7TH STREET, MIAMI FL 33130
Luiz Orleans-braganza officer: Chief Financial Officer 78 SW 7TH STREET, MIAMI FL 33130
Arc Global Investments Ii Llc 10 percent owner 78 SW 7TH STREET, MIAMI FL 33130