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Priveterra Acquisition II (Priveterra Acquisition II) Debt-to-EBITDA : -0.09 (As of Sep. 2023)


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What is Priveterra Acquisition II Debt-to-EBITDA?

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

Priveterra Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.63 Mil. Priveterra Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Priveterra Acquisition II's annualized EBITDA for the quarter that ended in Sep. 2023 was $-6.96 Mil. Priveterra Acquisition II'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 Priveterra Acquisition II's Debt-to-EBITDA or its related term are showing as below:

PMGM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.06   Med: -0.04   Max: -0.04
Current: -0.06

During the past 3 years, the highest Debt-to-EBITDA Ratio of Priveterra Acquisition II was -0.04. The lowest was -0.06. And the median was -0.04.

PMGM's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 4.22 vs PMGM: -0.06

Priveterra Acquisition II Debt-to-EBITDA Historical Data

The historical data trend for Priveterra Acquisition 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.

Priveterra Acquisition II Debt-to-EBITDA Chart

Priveterra Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A - -0.04

Priveterra Acquisition II Quarterly Data
Aug20 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 Premium Member Only -0.02 - -0.28 0.07 -0.09

Competitive Comparison of Priveterra Acquisition II's Debt-to-EBITDA

For the Shell Companies subindustry, Priveterra Acquisition 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.


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

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

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



Priveterra Acquisition II Debt-to-EBITDA Calculation

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

Priveterra Acquisition II'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
=(0.164 + 0) / -3.913
=-0.04

Priveterra Acquisition II'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
=(0.625 + 0) / -6.964
=-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.


Priveterra Acquisition II  (NAS:PMGM) 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.


Priveterra Acquisition II Debt-to-EBITDA Related Terms

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


Priveterra Acquisition II (Priveterra Acquisition II) Business Description

Traded in Other Exchanges
Address
501 Madison Avenue, 5th Floor, New York, NY, USA, 10019
Priveterra Acquisition Corp II is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
David Pace director, 10 percent owner, officer: Co-Chief Executive Officer
Richard L Federico director
Andrew R Heyer director 501 MADISON AVENUE, FLOOR 5, NEW YORK NY 10019
Starlette B Johnson director
Carl Andrew Pforzheimer director, 10 percent owner, officer: Co-Chief Executive Officer C/O US FOODS HOLDING CORP., 9399 W. HIGGINS RD., ROSEMONT IL 60018
Christopher Bradley officer: CFO and Secretary 650 5TH AVENUE, FLOOR 10, NEW YORK NY 10019
Tastemaker Sponsor Llc 10 percent owner 650 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10019
Hal Rosser director 650 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10019
Gregory Golkin director, 10 percent owner, officer: President 650 FIFTH AVENUE 10TH FLO, NEW YORK NY 10019