MGI - Media and Games Invest SE (MGI - Media and Games Invest SE) Debt-to-EBITDA : 4.30 (As of Mar. 2024)

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What is MGI - Media and Games Invest SE Debt-to-EBITDA?

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

MGI - Media and Games Invest SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. MGI - Media and Games Invest SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $385.6 Mil. MGI - Media and Games Invest SE's annualized EBITDA for the quarter that ended in Mar. 2024 was $89.6 Mil. MGI - Media and Games Invest SE's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.30.

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 MGI - Media and Games Invest SE's Debt-to-EBITDA or its related term are showing as below:

MGIMF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -132.79 Med: 8.76 Max: 30.72
Current: 22.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of MGI - Media and Games Invest SE was 30.72. The lowest was -132.79. And the median was 8.76.

MGIMF's Debt-to-EBITDA is ranked worse than
97.13% of 1602 companies
in the Software industry
Industry Median: 1.06 vs MGIMF: 22.57

MGI - Media and Games Invest SE Debt-to-EBITDA Historical Data

The historical data trend for MGI - Media and Games Invest SE'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.

MGI - Media and Games Invest SE Debt-to-EBITDA Chart

MGI - Media and Games Invest SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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8.76

5.53

10.24

13.01

30.72

MGI - Media and Games Invest SE Quarterly Data
	Jun19	Sep19	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															-	-	-	-1.09	4.30

Competitive Comparison of MGI - Media and Games Invest SE's Debt-to-EBITDA

For the Software - Application subindustry, MGI - Media and Games Invest SE'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.

MGI - Media and Games Invest SE's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, MGI - Media and Games Invest SE's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where MGI - Media and Games Invest SE's Debt-to-EBITDA falls into.

MGI - Media and Games Invest SE Debt-to-EBITDA Calculation

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

MGI - Media and Games Invest SE'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
	=	(39.338	+	380.568)	/	13.668
	=	30.72

MGI - Media and Games Invest SE'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
	=	(0	+	385.63)	/	89.62
	=	4.30

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.

MGI - Media and Games Invest SE (OTCPK:MGIMF) 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.

MGI - Media and Games Invest SE Debt-to-EBITDA Related Terms

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MGI - Media and Games Invest SE (MGI - Media and Games Invest SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MGI - Media and Games Invest SE (OTCPK:MGIMF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

M8G:Sweden M8G:Germany

Address

Stureplan 6, Stockholm, SWE, 114 35

Website

https://www.mgi-se.com

MGI - Media and Games Invest SE is an advertising software platform with first-party games content with a main operational presence in Europe and North America. It helps advertisers acquire customers through smartphones, computers, connected TV, or digital-out-of-home media (DOOH) as well as publishers to efficiently and optimally monetize their advertising space. The company's software platform uses first-party data from its own games to match global advertiser demand with publisher advertisement supply and also offers a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space on all digital devices.