GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inception Growth Acquisition Ltd (NAS:IGTA) » Definitions » Net Debt Paydown Yield %

IGTA (Inception Growth Acquisition) Net Debt Paydown Yield % : -1.54% (As of Nov. 07, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Inception Growth Acquisition Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Inception Growth Acquisition's Net Debt Paydown Yield % was -1.54%.


Inception Growth Acquisition Net Debt Paydown Yield % Historical Data

The historical data trend for Inception Growth Acquisition's Net Debt Paydown Yield % 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.

Inception Growth Acquisition Net Debt Paydown Yield % Chart

Inception Growth Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net Debt Paydown Yield %
- - 0.15

Inception Growth Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.29 0.15 -0.37 -1.05

Competitive Comparison of Inception Growth Acquisition's Net Debt Paydown Yield %

For the Shell Companies subindustry, Inception Growth Acquisition's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Inception Growth Acquisition's Net Debt Paydown Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Inception Growth Acquisition's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Inception Growth Acquisition's Net Debt Paydown Yield % falls into.



Inception Growth Acquisition Net Debt Paydown Yield % Calculation

Inception Growth Acquisition's Net Debt Paydown Yield % for the quarter that ended in Jun. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 0.18-0.64 )/44.088984
=-1.05 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Inception Growth Acquisition  (NAS:IGTA) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Inception Growth Acquisition Net Debt Paydown Yield % Related Terms

Thank you for viewing the detailed overview of Inception Growth Acquisition's Net Debt Paydown Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Inception Growth Acquisition Business Description

Traded in Other Exchanges
N/A
Address
875 Washington Street, New York, NY, USA, 10014
Inception Growth Acquisition Ltd is a blank check company.
Executives
Soul Venture Partners Llc 10 percent owner 875 WASHINGTON STREET, NEW YORK NY 10014
Yan Yannie Xu director 6/F UNIT B, CENTRAL 88, 88-98 DES VOEUX ROAD CENTRAL, HONG KONG K3 00000
Michael Lawrence Coyne director 10/F TOWER A, BILLION CENTRE, 1 WANG KWONG ROAD, KOWLOON BAY K3 999077
Cheuk Hang Chow director, officer: CEO 875 WASHINGTON STREET, NEW YORK NY 10014
Yun Pun Wong director, officer: CFO UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Matthew Hong director 8 NEWBURY STREET, BOSTON MA 02116
Paige Edward Craig director, officer: CEO 875 WASHINGTON STREET, NEW YORK NY 10014
Suen Man Tak Stephen director 875 WASHINGTON STREET, NEW YORK NY 10014
Albert Chang director 875 WASHINGTON STREET, NEW YORK NY 10014

Inception Growth Acquisition Headlines

From GuruFocus