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Conyers Park III Acquisition (Conyers Park III Acquisition) Debt-to-EBITDA : 0.00 (As of Jun. 2023)


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What is Conyers Park III Acquisition Debt-to-EBITDA?

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

Conyers Park III Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Conyers Park III Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Conyers Park III Acquisition's annualized EBITDA for the quarter that ended in Jun. 2023 was $-7.29 Mil. Conyers Park III Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 Conyers Park III Acquisition's Debt-to-EBITDA or its related term are showing as below:

CPAAU's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.965
* Ranked among companies with meaningful Debt-to-EBITDA only.

Conyers Park III Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Conyers Park III 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.

Conyers Park III Acquisition Debt-to-EBITDA Chart

Conyers Park III Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
- -

Conyers Park III Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Conyers Park III Acquisition's Debt-to-EBITDA

For the Shell Companies subindustry, Conyers Park III 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.


Conyers Park III Acquisition's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Conyers Park III Acquisition's Debt-to-EBITDA falls into.



Conyers Park III Acquisition Debt-to-EBITDA Calculation

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

Conyers Park III 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
=(0 + 0) / -1.253
=0.00

Conyers Park III Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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) / -7.292
=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 (Jun. 2023) EBITDA data.


Conyers Park III Acquisition  (NAS:CPAAU) 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.


Conyers Park III Acquisition Debt-to-EBITDA Related Terms

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


Conyers Park III Acquisition (Conyers Park III Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
999 Vanderbilt Beach Road, Suite 601, Naples, FL, USA, 34108
Conyers Park III Acquisition Corp is a blank check company.