8i Acquisition 2 (8i Acquisition 2) Debt-to-EBITDA : -0.16 (As of Jul. 2022)

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What is 8i Acquisition 2 Debt-to-EBITDA?

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

8i Acquisition 2's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2022 was $0.80 Mil. 8i Acquisition 2's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2022 was $0.00 Mil. 8i Acquisition 2's annualized EBITDA for the quarter that ended in Jul. 2022 was $-4.93 Mil. 8i Acquisition 2's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2022 was -0.16.

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 8i Acquisition 2's Debt-to-EBITDA or its related term are showing as below:

LAX'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.

8i Acquisition 2 Debt-to-EBITDA Historical Data

The historical data trend for 8i Acquisition 2'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.

8i Acquisition 2 Debt-to-EBITDA Chart

8i Acquisition 2 Annual Data

Trend

Jul21

Jul22

Debt-to-EBITDA

N/A

-0.40

8i Acquisition 2 Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Debt-to-EBITDA	Get a 7-Day Free Trial			-49.50	-2.15	-0.33	-0.42	-0.16

Competitive Comparison of 8i Acquisition 2's Debt-to-EBITDA

For the Shell Companies subindustry, 8i Acquisition 2'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.

8i Acquisition 2's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, 8i Acquisition 2's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 8i Acquisition 2's Debt-to-EBITDA falls into.

8i Acquisition 2 Debt-to-EBITDA Calculation

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

8i Acquisition 2's Debt-to-EBITDA for the fiscal year that ended in Jul. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.8	+	0)	/	-1.986
	=	-0.40

8i Acquisition 2's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.8	+	0)	/	-4.932
	=	-0.16

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 (Jul. 2022) EBITDA data.

8i Acquisition 2 (NAS:LAX) 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.

8i Acquisition 2 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of 8i Acquisition 2's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

8i Acquisition 2 (8i Acquisition 2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 8i Acquisition 2 Corp (NAS:LAX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o 6 Eu Tong Sen Street, No. 08-13, Singapore, SGP, 059817

Website

8i Acquisition 2 Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.

Executives

Chen Wei Wen Kelvin	director, officer: CHIEF EXECUTIVE OFFICER	C/O 1 PEMIMPIN DRIVE #12-07,, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Alfred Lim	director	C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPI, SINGAPORE U0 576151
Kim Hing Chan	director	C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
David Francis Capes	director	C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Daniel Tan	officer: CHIEF TECHNOLOGY OFFICER	C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Steven John Sobak	officer: CHIEF FINANCIAL OFFICER	C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Lim Thien Su Gerald	director	C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPI, SINGAPORE U0 576151
Alexander K. Arrow	director	PO BOX 3094, REDWOOD CITY CA 94064
Tan Meng Dong (james)	director, 10 percent owner, officer: Chief Executive Officer	UNIT 2003 KINGKEY 100, TOWER B, 5015 SHENNAN EAST ROAD, LUOHU DISTRICT, SHENZHEN/GUANGDONG F4 518000
Kwong Yeow Liew	director	RM 2313-2315, BLOCK B, ZHONGSHEN GARDEN, SHENZHEN F4 518101
Yap Guan Hong William	director, officer: Chief Financial Officer	6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817
Ajay Rajpal	director	6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817
8i Holdings 2 Pte Ltd	10 percent owner	C/O 6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817