GTII (Global Tech Industries Group) Debt-to-EBITDA : -0.08 (As of Dec. 2023)

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What is Global Tech Industries Group Debt-to-EBITDA?

Global Tech Industries Group GTII Debt-to-EBITDA is -0.08 as of Dec. 2023.

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

Global Tech Industries Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.62 Mil. Global Tech Industries Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.79 Mil. Global Tech Industries Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $-71.26 Mil. Global Tech Industries Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.08.

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 Global Tech Industries Group's Debt-to-EBITDA or its related term are showing as below:

GTII's Debt-to-EBITDA is not ranked *
in the Conglomerates industry.
Industry Median: 2.755
* Ranked among companies with meaningful Debt-to-EBITDA only.

Global Tech Industries Group  (OTCPK:GTII) 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.

Global Tech Industries Group Debt-to-EBITDA Related Terms

Global Tech Industries Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Global Tech Industries Group'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.

Global Tech Industries Group Debt-to-EBITDA Chart

Global Tech Industries Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.34 -0.37 -0.46 -0.44 -0.06

Global Tech Industries Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.16 -0.02 -0.21 168.84 -0.08

GTII vs EFSH, SNTE, RJDG: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Global Tech Industries Group'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.

Global Tech Industries Group Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Tech Industries Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Global Tech Industries Group's Debt-to-EBITDA falls into.


Global Tech Industries Group Debt-to-EBITDA Calculation

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

Global Tech Industries Group'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
=(0.615 + 4.788) / -97.796
=-0.06

Global Tech Industries Group's annualized Debt-to-EBITDA for the quarter 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
=(0.615 + 4.788) / -71.264
=-0.08

* 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 (Dec. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.08 mean?
Global Tech Industries Group (GTII) has a Debt-to-EBITDA of -0.08 as of Dec. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Global Tech Industries Group.
Is Global Tech Industries Group's Debt-to-EBITDA too high?
Global Tech Industries Group's current Debt-to-EBITDA is -0.08.
How does Global Tech Industries Group's Debt-to-EBITDA compare to EFSH and SNTE?
Global Tech Industries Group's Debt-to-EBITDA of -0.08 can be compared against companies in the Conglomerates industry. The industry median Debt-to-EBITDA is 2.76. 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.76, based on 460 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 Global Tech Industries Group. For the Conglomerates industry, the median Debt-to-EBITDA is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Tech Industries Group's current Debt-to-EBITDA is -0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Tech Industries Group stock overvalued right now?
Global Tech Industries Group (GTII) has a current Debt-to-EBITDA of -0.08. The current Debt-to-EBITDA is -0.08. 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 Global Tech Industries Group (GTII), the current Debt-to-EBITDA is -0.08 as of Dec. 2023. 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.

Global Tech Industries Group Business Description

Address 511 Sixth Avenue, Suite 800, New York, NY, USA, 10011
Global Tech Industries Group Inc currently has no operations. It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.