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Atlantic Coastal Acquisition II (Atlantic Coastal Acquisition II) Debt-to-EBITDA : 0.44 (As of Dec. 2023)


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What is Atlantic Coastal Acquisition II Debt-to-EBITDA?

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

Atlantic Coastal Acquisition II's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.16 Mil. Atlantic Coastal Acquisition II's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Atlantic Coastal Acquisition II's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.36 Mil. Atlantic Coastal Acquisition II's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.44.

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

ACAB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.23   Med: 0.04   Max: 0.04
Current: -0.23

During the past 3 years, the highest Debt-to-EBITDA Ratio of Atlantic Coastal Acquisition II was 0.04. The lowest was -0.23. And the median was 0.04.

ACAB's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.145 vs ACAB: -0.23

Atlantic Coastal Acquisition II Debt-to-EBITDA Historical Data

The historical data trend for Atlantic Coastal 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.

Atlantic Coastal Acquisition II Debt-to-EBITDA Chart

Atlantic Coastal Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - 0.04

Atlantic Coastal Acquisition II Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.44

Competitive Comparison of Atlantic Coastal Acquisition II's Debt-to-EBITDA

For the Shell Companies subindustry, Atlantic Coastal 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.


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

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

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



Atlantic Coastal Acquisition II Debt-to-EBITDA Calculation

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

Atlantic Coastal Acquisition II'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
=(0.16 + 0) / 4.141
=0.04

Atlantic Coastal Acquisition II's annualized Debt-to-EBITDA for the quarter 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
=(0.16 + 0) / 0.364
=0.44

* 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 (Dec. 2023) EBITDA data.


Atlantic Coastal Acquisition II  (NAS:ACAB) 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.


Atlantic Coastal Acquisition II Debt-to-EBITDA Related Terms

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


Atlantic Coastal Acquisition II (Atlantic Coastal Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
6 St Johns Lane, Floor 5, New York, NY, USA, 10013
Atlantic Coastal Acquisition Corp II is a blank check company.
Executives
Curtis Collar director 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
Burt Jordan director, officer: President 4387 CHERRY HILL DRIVE, ORCHARD LAKE MI 48323
Jason Chryssicas director, officer: Chief Financial Officer 9 UPLAND LANE, ARMONK NY 10504
Shahraab Ahmad director, officer: Chaiman and CEO 49 CATHCART ROAD, LONDON X0 SW10 9JE
Joanna Lord director 215 6TH STREET SOUTH, KIRKLAND WA 98033
Anthony D. Eisenberg director, officer: Chief Strategy Officer 700 LONE PINE, BLOOMFIELD HILLS MI 48304
Bryan Dove director 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Iqbaljit Kahlon director 2144 GREEN STREET #12, SAN FRANCISCO CA 94123
Atlantic Coastal Acquisition Management Ii Llc 10 percent owner 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Darren Stanwood director P.O. BOX 861, GLOUCESTER MA 01931