FRZT (Freeze Tag) Debt-to-EBITDA : 8.11 (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Freeze Tag Debt-to-EBITDA?

Freeze Tag FRZT Debt-to-EBITDA is 8.11 as of Sep. 2025. The stock has 4 warning signs investors should review. Among 299 Interactive Media companies, Freeze Tag ranks worse than 334447.83% on this metric.

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

Freeze Tag's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.47 Mil. Freeze Tag's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.15 Mil. Freeze Tag's annualized EBITDA for the quarter that ended in Sep. 2025 was $0.08 Mil. Freeze Tag's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 8.11.

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

FRZT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -73.5   Med: -0.95   Max: 3.84
Current: -4.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Freeze Tag was 3.84. The lowest was -73.50. And the median was -0.95.

FRZT's Debt-to-EBITDA is ranked worse than
100% of 299 companies
in the Interactive Media industry
Industry Median: 0.66 vs FRZT: -4.11

Freeze Tag  (OTCPK:FRZT) 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.


Freeze Tag Debt-to-EBITDA Related Terms


Freeze Tag Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Freeze Tag'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.

Freeze Tag Debt-to-EBITDA Chart

Freeze Tag Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.39 1.67 1.69 -4.60 -1.87

Freeze Tag Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -66.88 -1.64 -1.85 14.81 8.11

FRZT vs BHATF, NTES, EA: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Freeze Tag'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.


Freeze Tag Debt-to-EBITDA vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Freeze Tag's Debt-to-EBITDA distribution charts can be found below:

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



Freeze Tag Debt-to-EBITDA Calculation

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

Freeze Tag's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.493 + 0.15) / -0.344
=-1.87

Freeze Tag's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.466 + 0.15) / 0.076
=8.11

* 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. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 8.11 mean?
Freeze Tag (FRZT) has a Debt-to-EBITDA of 8.11 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Freeze Tag. According to the industry distribution chart, Freeze Tag ranks #999999 out of 299 companies in the Interactive Media industry.
Is Freeze Tag's Debt-to-EBITDA too high?
Freeze Tag's current Debt-to-EBITDA is 8.11. The Interactive Media industry median Debt-to-EBITDA is 0.66. Freeze Tag's value of 8.11 is 1128.8% above this industry median. Based on the distribution chart, Freeze Tag ranks #999999 out of 299 companies in the Interactive Media industry, which is in the bottom quartile relative to peers.
How does Freeze Tag's Debt-to-EBITDA compare to BHATF and NTES?
According to the Interactive Media industry distribution chart, Freeze Tag ranks #999999 out of 299 companies for Debt-to-EBITDA. This places Freeze Tag in the lower half of its industry. The industry median Debt-to-EBITDA is 0.66. Freeze Tag's value of 8.11 is 1128.8% above this benchmark. 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 an Interactive Media company?
The median Debt-to-EBITDA among Interactive Media companies is 0.66, based on 299 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. Freeze Tag's current Debt-to-EBITDA of 8.11 is 1128.8% above the industry median. 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 Freeze Tag. For the Interactive Media industry, the median Debt-to-EBITDA is 0.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freeze Tag's current Debt-to-EBITDA is 8.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freeze Tag stock overvalued right now?
Based on GuruFocus' analysis, Freeze Tag (FRZT) is currently considered Possible Value Trap. The stock's GF Value™ is $0.02, compared to a current price of $0.00 — trading 99.5% below its estimated fair value. The current Debt-to-EBITDA is 8.11 and 1128.8% above the Interactive Media industry median of 0.66. 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 Freeze Tag (FRZT), the current Debt-to-EBITDA is 8.11 as of Sep. 2025. 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.

Freeze Tag Business Description

Address 360 E 1st Street, Suite 450, Tustin, CA, USA, 92780
Freeze Tag Inc is a creator of location-based, mobile social games that are fun and engaging for consumers and businesses. The company's games can be downloaded for free by the players, and can also purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.