Digital Turbine (Digital Turbine) Debt-to-EBITDA : 7.96 (As of Dec. 2023)

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What is Digital Turbine Debt-to-EBITDA?

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

Digital Turbine's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Digital Turbine's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $374.0 Mil. Digital Turbine's annualized EBITDA for the quarter that ended in Dec. 2023 was $47.0 Mil. Digital Turbine's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 7.96.

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 Digital Turbine's Debt-to-EBITDA or its related term are showing as below:

APPS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.69 Med: -0.14 Max: 6.77
Current: 6.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of Digital Turbine was 6.77. The lowest was -1.69. And the median was -0.14.

APPS's Debt-to-EBITDA is ranked worse than
88.56% of 1600 companies
in the Software industry
Industry Median: 1.04 vs APPS: 6.77

Digital Turbine Debt-to-EBITDA Historical Data

The historical data trend for Digital Turbine'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.

Digital Turbine Debt-to-EBITDA Chart

Digital Turbine Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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1.27

0.22

3.56

3.23

Digital Turbine 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															3.53	8.71	6.13	6.30	7.96

Competitive Comparison of Digital Turbine's Debt-to-EBITDA

For the Software - Application subindustry, Digital Turbine'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.

Digital Turbine's Debt-to-EBITDA Distribution in the Software Industry

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

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

Digital Turbine Debt-to-EBITDA Calculation

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

Digital Turbine's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	410.522)	/	127.238
	=	3.23

Digital Turbine'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	+	374.034)	/	46.964
	=	7.96

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.

Digital Turbine (NAS:APPS) 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.

Digital Turbine Debt-to-EBITDA Related Terms

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

Digital Turbine (Digital Turbine) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Turbine Inc (NAS:APPS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

4MD:Germany 4MD:Germany

Address

110 San Antonio Street, Suite 160, Austin, TX, USA, 78701

Website

https://www.digitalturbine.com

Digital Turbine Inc is an independent mobile growth platform. It offers end-to-end products and solutions to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. Its operating segments are On Device Media (ODM); In App Media-AdColony; and In App Media-Fyber. The company derives key revenue from the ODM segment by providing solutions to all participants in the mobile application ecosystem who want to connect with end users and consumers who hold the device, including mobile carriers and device original equipment manufacturers (OEMs) that participate in the app economy, app publishers and developers, and brands and advertising agencies. It has a global business presence.

Executives

Jeff Karish	director	C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Robert M Deutschman	director
Mohan S Gyani	director	7277 164TH AVE NE, BLDG1, REDMOND WA 98052
Stone William Gordon Iii	officer: President, COO	2811 CAHUENGA BOULEVARD WEST, LOS ANGELES CA 90068
Holyce Hess Groos	director	58 CHRISTIANA COURT, LAKE GEORGE NY 12845
Roy H Chestnutt	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Senthilkumaran Kanagaratnam	officer: Chief Technology Officer	5717 LA SEYNE PLACE, SAN JOSE CA 95138
Matthew Gillis	officer: President	2400 BOSTON STREET, SUITE 201, BALTIMORE MD 21224
Michelle M Sterling	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Mary Spilman	director	C/O CRITEO LEGAL DEPT., 387 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10016
Michael Benjamin Miller	officer: Chief Accounting Officer	360 WEST FOREST GROVE ROAD, LUCAS TX 75002
David Wesch	officer: Acting CAO	1300 GUADALUPE STREET, SUITE 302, AUSTIN TX 78701
Christopher Thomas Rogers	director	2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Christine Collins	officer: CTO	111 NUECES STREET, AUSTIN TX 78701
Paul M Schaeffer	director	5200 ENCINO AVENUE, ENCINO CA 91316