GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Boxed Inc (OTCPK:BOXDQ) » Definitions » Debt-to-EBITDA

Boxed (BOXDQ) Debt-to-EBITDA : -1.66 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Boxed Debt-to-EBITDA?

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

Boxed's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2.7 Mil. Boxed's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $133.6 Mil. Boxed's annualized EBITDA for the quarter that ended in Sep. 2022 was $-82.1 Mil. Boxed's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -1.66.

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

BOXDQ's Debt-to-EBITDA is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.685
* Ranked among companies with meaningful Debt-to-EBITDA only.

Boxed Debt-to-EBITDA Historical Data

The historical data trend for Boxed'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.

Boxed Debt-to-EBITDA Chart

Boxed Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
- -0.04 -0.31 -2.70

Boxed Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -1.74 -1.18 -1.25 -1.66

Competitive Comparison of Boxed's Debt-to-EBITDA

For the Internet Retail subindustry, Boxed'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.


Boxed's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boxed's Debt-to-EBITDA distribution charts can be found below:

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



Boxed Debt-to-EBITDA Calculation

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

Boxed's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 120.334) / -44.546
=-2.70

Boxed's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.672 + 133.566) / -82.06
=-1.66

* 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. 2022) EBITDA data.


Boxed  (OTCPK:BOXDQ) 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.


Boxed Debt-to-EBITDA Related Terms

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


Boxed (BOXDQ) Business Description

Traded in Other Exchanges
N/A
Address
451 Broadway, Floor 2, New York, NY, USA, 10013
Boxed Inc is an e-commerce platform selling bulk, high-repeat consumables to consumers and businesses. It offers wholesale products such as groceries, snacks, beverages, and household and cleaning products. It operates in two segments: Boxed Retail, which generates the majority revenue; and Boxed Software & Services. Retail segment engages in the sale of consumer products and goods in bulk sizes to consumers and businesses in the continental United States. Software & Services segment relates to its research, development, marketing, and production of our propriety software for sale to third parties.
Executives
Pamela B Corrie director 100 PIER 1 PLACE, FORT WORTH TX 76102
David Michael Miller officer: Chief Technology Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Alison Weick officer: President, E-Commerce C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Mark Zimowski officer: Chief Financial Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Jared Yaman director, officer: Chief Operating Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Chieh E. Huang director, officer: Chief Executive Officer C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Tsukasa Ojima director C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
David Liu director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Andrew C. Pearson officer: Chief Financial Officer 445 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Yun Jung Choi officer: General Counsel & Secretary C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Veracelle A Vega-hansen officer: Chief People Officer C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Gary S Matthews other: See Remarks 5433 WESTHEIMER ROAD, SUITE 500, HOUSTON TX 77056
Acm Arrt Vii D Llc 10 percent owner ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022
Harshul Sanghi director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Moore Emerson S. Ii director C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013

Boxed (BOXDQ) Headlines