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Marlin Technology (Marlin Technology) Debt-to-EBITDA : -0.63 (As of Sep. 2022)


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What is Marlin Technology Debt-to-EBITDA?

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

Marlin Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.69 Mil. Marlin Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Marlin Technology's annualized EBITDA for the quarter that ended in Sep. 2022 was $-1.10 Mil. Marlin Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -0.63.

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

FINM's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Marlin Technology Debt-to-EBITDA Historical Data

The historical data trend for Marlin 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.

Marlin Technology Debt-to-EBITDA Chart

Marlin Technology Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
N/A -0.09

Marlin Technology Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - 0.16 -0.37 -0.53 -0.63

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

For the Shell Companies subindustry, Marlin 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.


Marlin Technology's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Marlin Technology's Debt-to-EBITDA distribution charts can be found below:

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



Marlin Technology Debt-to-EBITDA Calculation

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

Marlin Technology'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
=(0.254 + 0) / -2.875
=-0.09

Marlin Technology'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
=(0.689 + 0) / -1.096
=-0.63

* 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.


Marlin Technology  (NAS:FINM) 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.


Marlin Technology Debt-to-EBITDA Related Terms

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


Marlin Technology (Marlin Technology) Business Description

Traded in Other Exchanges
N/A
Address
338 Pier Avenue, Hermosa Beach, CA, USA, 90254
Marlin Technology Corp is a blank check company.
Executives
Donna Sayce Troy director 338 PIER AVENUE, HERMOSA BEACH CA 90254
Robert Youngjohns director C/O CALLIDUS SOFTWARE, 160 WEST SANTA CLARA STREET, SAN JOSE CA 95113
David A Donatelli director 176 SOUTH ST., HOPKINTON MA 01748
Marlin Technology Holdings, Llc 10 percent owner 338 PIER AVENUE, HERMOSA BEACH CA 90254
Nicholas M. Kaiser director, officer: Chief Executive Officer 338 PIER AVENUE, HERMOSA BEACH CA 90254
Peter B. Spasov director 338 PIER AVENUE, HERMOSA BEACH CA 90254
Michael Nutting director, officer: Chief Financial Officer 338 PIER AVENUE, HERMOSA BEACH CA 90254