Bridge Investment Group Holdings (Bridge Investment Group Holdings) Debt-to-EBITDA : -3.25 (As of Mar. 2024)

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What is Bridge Investment Group Holdings Debt-to-EBITDA?

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

Bridge Investment Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $15.5 Mil. Bridge Investment Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $450.0 Mil. Bridge Investment Group Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was $-143.4 Mil. Bridge Investment Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -3.25.

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 Bridge Investment Group Holdings's Debt-to-EBITDA or its related term are showing as below:

BRDG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -110 Med: 0.4 Max: 0.99
Current: -110

During the past 5 years, the highest Debt-to-EBITDA Ratio of Bridge Investment Group Holdings was 0.99. The lowest was -110.00. And the median was 0.40.

BRDG's Debt-to-EBITDA is ranked worse than
100% of 358 companies
in the Asset Management industry
Industry Median: 1.3 vs BRDG: -110.00

Bridge Investment Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for Bridge Investment Group Holdings'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.

Bridge Investment Group Holdings Debt-to-EBITDA Chart

Bridge Investment Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.22

0.93

0.40

0.99

-13.29

Bridge Investment Group Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial													-1.96	7.18	-34.08	7.24	-3.25

Competitive Comparison of Bridge Investment Group Holdings's Debt-to-EBITDA

For the Asset Management subindustry, Bridge Investment Group Holdings'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.

Bridge Investment Group Holdings's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bridge Investment Group Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bridge Investment Group Holdings's Debt-to-EBITDA falls into.

Bridge Investment Group Holdings Debt-to-EBITDA Calculation

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

Bridge Investment Group Holdings'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
	=	(34	+	449.952)	/	-36.424
	=	-13.29

Bridge Investment Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(15.5	+	450.01)	/	-143.376
	=	-3.25

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. 2024) EBITDA data.

Bridge Investment Group Holdings (NYSE:BRDG) 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.

Bridge Investment Group Holdings Debt-to-EBITDA Related Terms

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

Bridge Investment Group Holdings (Bridge Investment Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bridge Investment Group Holdings Inc (NYSE:BRDG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

53S:Germany

Address

111 East Sego Lily Drive, Suite 400, Salt Lake City, UT, USA, 84070

Website

https://www.bridgeig.com

Bridge Investment Group Holdings Inc is a vertically integrated real estate investment manager, diversified across specialized asset classes. The company combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: multifamily, affordable housing, seniors housing, office, development, logistics net lease, logistics properties, debt strategies, and agency mortgage-backed securities.

Executives

Garrett Behling	officer: Chief Accounting Officer	111 EAST SEGO LILY DRIVE, SUITE 400, SANDY UT 84070
Chad A Leat	director	C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
Katherine Elsnab	officer: Chief Accounting Officer	C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Deborah C Hopkins	director	1007 MARKET ST, WILMINGTON DE 19898
Adam O'farrell	director, officer: See Remarks	C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Robert Randolph Morse	director, 10 percent owner, officer: See Remarks	1000 PARK AVENUE, APT 3, NEW YORK NY 10028
Debra M Chase	director	C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Jonathan Slager	director, officer: See Remarks	C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Bridge Founders Group, Llc	10 percent owner	111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Chad D. Briggs	officer: See Remarks	C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070
Dean Allara	director, officer: See Remarks	C/O BRIDGE INVESTMENT GROUP HOLDINGS INC, 111 EAST SEGO LILY DRIVE, SUITE 400, SALT LAKE CITY UT 84070