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10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is 10X Capital Venture Acquisition III Debt-to-EBITDA?

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

10X Capital Venture Acquisition III's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. 10X Capital Venture Acquisition III's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. 10X Capital Venture Acquisition III's annualized EBITDA for the quarter that ended in Sep. 2023 was $-10.59 Mil. 10X Capital Venture Acquisition III's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.00.

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 10X Capital Venture Acquisition III's Debt-to-EBITDA or its related term are showing as below:

VCXBU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3   Med: -1.54   Max: -0.03
Current: -0.03

During the past 2 years, the highest Debt-to-EBITDA Ratio of 10X Capital Venture Acquisition III was -0.03. The lowest was -3.00. And the median was -1.54.

VCXBU's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.24 vs VCXBU: -0.03

10X Capital Venture Acquisition III Debt-to-EBITDA Historical Data

The historical data trend for 10X Capital Venture Acquisition III'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.

10X Capital Venture Acquisition III Debt-to-EBITDA Chart

10X Capital Venture Acquisition III Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
-3.00 -0.07

10X Capital Venture Acquisition III Quarterly Data
Feb21 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 - -0.03 - - -

Competitive Comparison of 10X Capital Venture Acquisition III's Debt-to-EBITDA

For the Shell Companies subindustry, 10X Capital Venture Acquisition III'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.


10X Capital Venture Acquisition III's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, 10X Capital Venture Acquisition III's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 10X Capital Venture Acquisition III's Debt-to-EBITDA falls into.



10X Capital Venture Acquisition III Debt-to-EBITDA Calculation

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

10X Capital Venture Acquisition III'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
=(0.25 + 0) / -3.463
=-0.07

10X Capital Venture Acquisition III'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 + 0) / -10.588
=0.00

* 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.


10X Capital Venture Acquisition III  (AMEX:VCXBU) 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.


10X Capital Venture Acquisition III Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of 10X Capital Venture Acquisition III's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Business Description

Traded in Other Exchanges
Address
1 World Trade Center, 85th Floor, New York, NY, USA, 10007
10X Capital Venture Acquisition Corp III is a blank check company.

10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Headlines