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Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Debt-to-EBITDA : -0.36 (As of Dec. 2023)


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What is Thunder Bridge Capital Partners IV Debt-to-EBITDA?

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

Thunder Bridge Capital Partners IV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.78 Mil. Thunder Bridge Capital Partners IV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Thunder Bridge Capital Partners IV's annualized EBITDA for the quarter that ended in Dec. 2023 was $-2.16 Mil. Thunder Bridge Capital Partners IV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.36.

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 Thunder Bridge Capital Partners IV's Debt-to-EBITDA or its related term are showing as below:

THCP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.56   Med: -0.31   Max: -0.07
Current: -0.56

During the past 3 years, the highest Debt-to-EBITDA Ratio of Thunder Bridge Capital Partners IV was -0.07. The lowest was -0.56. And the median was -0.31.

THCP's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.145 vs THCP: -0.56

Thunder Bridge Capital Partners IV Debt-to-EBITDA Historical Data

The historical data trend for Thunder Bridge Capital Partners IV'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.

Thunder Bridge Capital Partners IV Debt-to-EBITDA Chart

Thunder Bridge Capital Partners IV Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.07 -0.56

Thunder Bridge Capital Partners IV Quarterly Data
Jan21 Jun21 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 Premium Member Only Premium Member Only -0.03 -0.17 -0.23 - -0.36

Competitive Comparison of Thunder Bridge Capital Partners IV's Debt-to-EBITDA

For the Shell Companies subindustry, Thunder Bridge Capital Partners IV'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.


Thunder Bridge Capital Partners IV's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thunder Bridge Capital Partners IV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Thunder Bridge Capital Partners IV's Debt-to-EBITDA falls into.



Thunder Bridge Capital Partners IV Debt-to-EBITDA Calculation

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

Thunder Bridge Capital Partners IV'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
=(0.781 + 0) / -1.39
=-0.56

Thunder Bridge Capital Partners IV'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
=(0.781 + 0) / -2.16
=-0.36

* 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.


Thunder Bridge Capital Partners IV  (NAS:THCP) 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.


Thunder Bridge Capital Partners IV Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Thunder Bridge Capital Partners IV's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Business Description

Traded in Other Exchanges
N/A
Address
9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066
Website
Thunder Bridge Capital Partners IV Inc is a blank check company.
Executives
Weiss Asset Management Lp 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Andrew M Weiss 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Wam Gp Llc 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Bip Gp Llc other: Former 10% owner. 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
David E Mangum director
Gary A Simanson director, 10 percent owner, officer: President and CEO 717 KING STREET, ALEXANDRIA VA 22314
Stewart J Paperin director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
William A Houlihan officer: Chief Financial Officer 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Robert Herman Hartheimer director 3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Allerd D. Stikker director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Mary Anne Gillespie director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Tbcp Iv, Llc 10 percent owner 9912 GEORGETOWN PIKE (SUITE D-203), GREAT FALLS VA 22066