BKSY (BlackSky Technology) Debt-to-EBITDA : -3.23 (As of Mar. 2026)

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BKSY BlackSky Technology Inc BKSY
60 GF Score
Price $23.05
GF Value $7.30
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is BlackSky Technology Debt-to-EBITDA?

BlackSky Technology BKSY +2.63% 60 Debt-to-EBITDA is -3.23 as of Mar. 2026. GuruFocus rates BKSY with a GF Score™ of 60/100 and a GF Value™ of $7.30 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 834 Business Services companies, BlackSky Technology ranks worse than 119903.96% on this metric.

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

BlackSky Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $10.00 Mil. BlackSky Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $200.90 Mil. BlackSky Technology's annualized EBITDA for the quarter that ended in Mar. 2026 was $-65.31 Mil. BlackSky Technology's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -3.23.

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

BKSY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -214.92   Med: -2.8   Max: 200.84
Current: -5.48

During the past 6 years, the highest Debt-to-EBITDA Ratio of BlackSky Technology was 200.84. The lowest was -214.92. And the median was -2.80.

BKSY's Debt-to-EBITDA is ranked worse than
100% of 834 companies
in the Business Services industry
Industry Median: 1.66 vs BKSY: -5.48

BlackSky Technology  (NYSE:BKSY) 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.


BlackSky Technology Debt-to-EBITDA Related Terms


BlackSky Technology Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for BlackSky 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.

BlackSky Technology Debt-to-EBITDA Chart

BlackSky Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.32 -2.49 200.84 -214.92 -8.64

BlackSky Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only -15.04 -1.07 -15.60 4.59 -3.23

BKSY vs KODK, TRNS, CASS: Debt-to-EBITDA Comparison

For the Specialty Business Services subindustry, BlackSky 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.


BlackSky Technology Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, BlackSky Technology's Debt-to-EBITDA distribution charts can be found below:

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


BKSY
60GF Score
BlackSky Technology Inc BKSY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackSky Technology Debt-to-EBITDA Calculation

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

BlackSky Technology's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.706 + 200.759) / -24.235
=-8.64

BlackSky Technology's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10.001 + 200.904) / -65.312
=-3.23

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -3.23 mean?
BlackSky Technology (BKSY) has a Debt-to-EBITDA of -3.23 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BlackSky Technology. According to the industry distribution chart, BlackSky Technology ranks #999999 out of 834 companies in the Business Services industry.
Is BlackSky Technology's Debt-to-EBITDA too high?
BlackSky Technology's current Debt-to-EBITDA is -3.23. Based on the distribution chart, BlackSky Technology ranks #999999 out of 834 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, BlackSky Technology has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlackSky Technology's Debt-to-EBITDA compare to KODK and TRNS?
According to the Business Services industry distribution chart, BlackSky Technology ranks #999999 out of 834 companies for Debt-to-EBITDA. This places BlackSky Technology in the lower half of its industry. The industry median Debt-to-EBITDA is 1.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Business Services company?
The median Debt-to-EBITDA among Business Services companies is 1.66, based on 834 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on BlackSky Technology. For the Business Services industry, the median Debt-to-EBITDA is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackSky Technology's current Debt-to-EBITDA is -3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackSky Technology stock overvalued right now?
Based on GuruFocus' analysis, BlackSky Technology (BKSY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.30, compared to a current price of $23.05 — trading 215.8% above its estimated fair value. The current Debt-to-EBITDA is -3.23. BlackSky Technology's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For BlackSky Technology (BKSY), the current Debt-to-EBITDA is -3.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BlackSky Technology (BKSY) Overvalued in 2026?

Based on GuruFocus' analysis, BlackSky Technology stock appears to be overvalued. The current stock price of $23.05 is trading 215.8% above its estimated GF Value™ of $7.30. GuruFocus considers BlackSky Technology to be Significantly Overvalued.

Key valuation signals for BKSY:

  • Debt-to-EBITDA: -3.23
  • GF Value™: $7.30 vs. price of $23.05 (215.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the BKSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackSky Technology Business Description

Address 2411 Dulles Corner Park, Suite 300, Herndon, VA, USA, 20171
BlackSky Technology Inc is a space-based technology company that delivers real-time imagery, analytics and high-frequency monitoring of the worlds critical and strategic locations, economic assets, and events. By taking a software-first technology approach, Company is delivering real-time space-based intelligence at disruptive speed, scale and economics. Companies single operating and reportable segment, provided space-based intelligence products and services through three integrated revenue streams-space-based intelligence & AI services, mission solutions, and technology programs. Geographically, the company operates in United States and Rest of world.
60GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.05
Price
$7.30
GF Value