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Alkami Technology (Alkami Technology) Debt-to-EBITDA : -0.58 (As of Dec. 2023)


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What is Alkami Technology Debt-to-EBITDA?

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

Alkami Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.2 Mil. Alkami Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18.1 Mil. Alkami Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was $-33.3 Mil. Alkami Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.58.

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 Alkami Technology's Debt-to-EBITDA or its related term are showing as below:

ALKT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.21   Med: -0.55   Max: -0.43
Current: -0.43

During the past 5 years, the highest Debt-to-EBITDA Ratio of Alkami Technology was -0.43. The lowest was -2.21. And the median was -0.55.

ALKT's Debt-to-EBITDA is ranked worse than
100% of 1596 companies
in the Software industry
Industry Median: 1.055 vs ALKT: -0.43

Alkami Technology Debt-to-EBITDA Historical Data

The historical data trend for Alkami Technology'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.

Alkami Technology Debt-to-EBITDA Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- -0.52 -0.59 -2.21 -0.43

Alkami Technology Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.91 -2.08 -1.91 -2.37 -0.58

Competitive Comparison of Alkami Technology's Debt-to-EBITDA

For the Software - Application subindustry, Alkami Technology'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.


Alkami Technology's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Alkami Technology's Debt-to-EBITDA distribution charts can be found below:

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



Alkami Technology Debt-to-EBITDA Calculation

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

Alkami Technology'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
=(1.205 + 18.052) / -44.854
=-0.43

Alkami Technology'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
=(1.205 + 18.052) / -33.328
=-0.58

* 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.


Alkami Technology  (NAS:ALKT) 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.


Alkami Technology Debt-to-EBITDA Related Terms

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


Alkami Technology (Alkami Technology) Business Description

Traded in Other Exchanges
Address
5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024
Alkami is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.
Executives
W Bryan Hill officer: Chief Financial Officer
Douglas A. Linebarger officer: Chief Legal Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon officer: Chf. Strategist & Sales Offr. C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Maria Ines Alvarez director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen director, officer: Chief Executive Officer
Kristy Ramundi officer: Chief Accounting Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Alex Shootman director, officer: Chief Executive Officer 1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Raphael Osnoss director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Gary Lynn Nelson director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart director OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Christopher Todd Clark director 3250 BRIAR PARK, SUITE 400, HOUSTON TX 77042
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven R Mitchell director C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532