Freeze Tag (Freeze Tag) Debt-to-EBITDA : -1.41 (As of Dec. 2023)

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What is Freeze Tag Debt-to-EBITDA?

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

Freeze Tag's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.39 Mil. Freeze Tag's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.15 Mil. Freeze Tag's annualized EBITDA for the quarter that ended in Dec. 2023 was $-0.38 Mil. Freeze Tag's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.41.

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 Freeze Tag's Debt-to-EBITDA or its related term are showing as below:

FRZT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -73.5 Med: -1.4 Max: 3.84
Current: -4.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Freeze Tag was 3.84. The lowest was -73.50. And the median was -1.40.

FRZT's Debt-to-EBITDA is ranked worse than
100% of 278 companies
in the Interactive Media industry
Industry Median: 0.77 vs FRZT: -4.60

Freeze Tag Debt-to-EBITDA Historical Data

The historical data trend for Freeze Tag'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.

Freeze Tag Debt-to-EBITDA Chart

Freeze Tag Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-73.50

-6.39

1.67

1.69

-4.60

Freeze Tag Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															2.30	-4.05	3.52	-5.05	-1.41

Competitive Comparison of Freeze Tag's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, Freeze Tag'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.

Freeze Tag's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Freeze Tag's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Freeze Tag's Debt-to-EBITDA falls into.

Freeze Tag Debt-to-EBITDA Calculation

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

Freeze Tag'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
	=	(0.39	+	0.153)	/	-0.118
	=	-4.60

Freeze Tag'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
	=	(0.39	+	0.153)	/	-0.384
	=	-1.41

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.

Freeze Tag (OTCPK:FRZT) 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.

Freeze Tag Debt-to-EBITDA Related Terms

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

Freeze Tag (Freeze Tag) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Freeze Tag Inc (OTCPK:FRZT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 E 1st Street, Suite 450, Tustin, CA, USA, 92780

Website

https://www.freezetag.com

Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.

Executives

Vardeman Robert Don Jr	director, 10 percent owner, officer: President	1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland	director, 10 percent owner, officer: President and CEO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo	director, 10 percent owner, officer: Secretary and CFO	228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780