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Motorsport Games (Motorsport Games) Debt-to-EBITDA : 0.02 (As of Dec. 2023)


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What is Motorsport Games Debt-to-EBITDA?

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

Motorsport Games's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.15 Mil. Motorsport Games's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.05 Mil. Motorsport Games's annualized EBITDA for the quarter that ended in Dec. 2023 was $13.49 Mil. Motorsport Games's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.01.

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 Motorsport Games's Debt-to-EBITDA or its related term are showing as below:

MSGM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.03   Med: -0.02   Max: -0.02
Current: -0.02

During the past 6 years, the highest Debt-to-EBITDA Ratio of Motorsport Games was -0.02. The lowest was -0.03. And the median was -0.02.

MSGM's Debt-to-EBITDA is ranked worse than
100% of 278 companies
in the Interactive Media industry
Industry Median: 0.82 vs MSGM: -0.02

Motorsport Games Debt-to-EBITDA Historical Data

The historical data trend for Motorsport Games'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.

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Motorsport Games Debt-to-EBITDA Chart

Motorsport Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - - - -0.03 -0.02

Motorsport Games Quarterly Data
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 -0.07 -0.03 -0.01 -0.02 0.02

Competitive Comparison of Motorsport Games's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, Motorsport Games'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.


Motorsport Games's Debt-to-EBITDA Distribution in the Interactive Media Industry

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

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



Motorsport Games Debt-to-EBITDA Calculation

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

Motorsport Games'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
=(0.153 + 0.046) / -11.435
=-0.02

Motorsport Games'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
=(0.153 + 0.046) / 13.492
=0.01

* 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.


Motorsport Games  (NAS:MSGM) 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.


Motorsport Games Debt-to-EBITDA Related Terms

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


Motorsport Games (Motorsport Games) Business Description

Traded in Other Exchanges
N/A
Address
5972 NE 4th Avenue, Miami, FL, USA, 33137
Motorsport Games Inc is a motorsport network company that combines engaging video games with esports competitions and content for racing fans and gamers around the globe. The company has its reportable segments into the development and publishing of interactive racing video games, entertainment content and services and the organization and facilitation of esports tournaments, competitions, and events for the licensed racing games as well as on behalf of third-party video game racing series and other video game publishers. Majority of the revenue is earned from Gaming.
Executives
Mike Zoi 10 percent owner 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
Navtej Singh Sunner director 115 OVERSLADE LANE, RUGBY X0 CV226EE
Andrew P. Jacobson director 3825 N. PAULINA STREET, CHICAGO IL 60613
John Delta officer: Interim CFO 8800 HSC PARKWAY, BRYAN TX 77807
Peter R Moore director 200 DOMAIN DRIVE, STRATHAM NH 03885
Jonathan New officer: Chief Financial Officer 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
Francesco Piovanetti director CITY VIEW PLAZA I SUITE 800, CARR. 165KM, 1.2, GUAYNABO PR 00968
Dmitry Kozko director, officer: Chief Executive Officer 1450 SOUTH MIAMI AVENUE, MIAMI FL 33130
Neil T Anderson director 125 BROAD STREET, 28TH FLOOR, NEW YORK NY 10004
Rob Dyrdek director 3130 WILSHIRE BLVD., SUITE 600, SANTA MONICA CA 90404
Stephen Hood officer: President SILVERSTONE INNOVATION CENTRE, SILVERSTONE X0 NN12 8GX
James William Allen director 1 ETON STREET,, MOTORSPORT NETWORK, RICHMOND, LONDON X0 TW9 1AG
Motorsport Network, Llc 10 percent owner 5972 NE 4TH AVENUE, MIAMI FL 33137