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Morgan Group Holding Co (Morgan Group Holding Co) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is Morgan Group Holding Co Debt-to-EBITDA?

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

Morgan Group Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Morgan Group Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Morgan Group Holding Co's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.92 Mil. Morgan Group Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 Morgan Group Holding Co's Debt-to-EBITDA or its related term are showing as below:

MGHL's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.5
* Ranked among companies with meaningful Debt-to-EBITDA only.

Morgan Group Holding Co Debt-to-EBITDA Historical Data

The historical data trend for Morgan Group Holding Co'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.

Morgan Group Holding Co Debt-to-EBITDA Chart

Morgan Group Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
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Morgan Group Holding Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Morgan Group Holding Co's Debt-to-EBITDA

For the Capital Markets subindustry, Morgan Group Holding Co'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.


Morgan Group Holding Co's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Morgan Group Holding Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Morgan Group Holding Co's Debt-to-EBITDA falls into.



Morgan Group Holding Co Debt-to-EBITDA Calculation

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

Morgan Group Holding Co'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) / -0.929
=0.00

Morgan Group Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

* 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 (Sep. 2023) EBITDA data.


Morgan Group Holding Co  (OTCPK:MGHL) 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.


Morgan Group Holding Co Debt-to-EBITDA Related Terms

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


Morgan Group Holding Co (Morgan Group Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
401 Theodore Fremd Avenue, Rye, NY, USA, 10580
Morgan Group Holding Co through its wholly own subsidiary operates in institutional research and securities brokerage business. It provides underwriting and institutional research services. The firm derives revenue from institutional research services, underwriting fees, and selling concessions.
Executives
Claudia B Carucci 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Uncle Mills Partners, Llc 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Bernard Zimmerman 10 percent owner, other: See Remarks 18 HIGH MEADOW RD, WESTON CT 06883
Carucci Walter P /ny 10 percent owner, other: See Remarks C/O CARR SECURITIES CORP, 14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON NY 11050

Morgan Group Holding Co (Morgan Group Holding Co) Headlines