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OLB (The OLB Group) Debt-to-EBITDA : -0.40 (As of Sep. 2024)


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What is The OLB Group Debt-to-EBITDA?

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

The OLB Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.28 Mil. The OLB Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.10 Mil. The OLB Group's annualized EBITDA for the quarter that ended in Sep. 2024 was $-3.45 Mil. The OLB Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.40.

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 The OLB Group's Debt-to-EBITDA or its related term are showing as below:

OLB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.89   Med: -0.02   Max: 173.96
Current: -0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of The OLB Group was 173.96. The lowest was -0.89. And the median was -0.02.

OLB's Debt-to-EBITDA is ranked worse than
100% of 1675 companies
in the Software industry
Industry Median: 1.09 vs OLB: -0.07

The OLB Group Debt-to-EBITDA Historical Data

The historical data trend for The OLB 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.

* Premium members only.

The OLB Group Debt-to-EBITDA Chart

The OLB 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 17.23 63.77 -0.14 -0.89 -0.03

The OLB Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.19 -0.01 -0.08 -0.05 -0.40

Competitive Comparison of The OLB Group's Debt-to-EBITDA

For the Software - Infrastructure subindustry, The OLB 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.


The OLB Group's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, The OLB Group's Debt-to-EBITDA distribution charts can be found below:

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


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The OLB Group Debt-to-EBITDA Calculation

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

The OLB 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
=(0.259 + 0.149) / -16.393
=-0.02

The OLB Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.283 + 1.097) / -3.448
=-0.40

* 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. 2024) EBITDA data.


The OLB Group  (NAS:OLB) 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.


The OLB Group Debt-to-EBITDA Related Terms

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


The OLB Group Business Description

Traded in Other Exchanges
N/A
Address
1120 Avenue of the Americas, 4th Floor, New York, NY, USA, 10036
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It focuses on a suite of products in the merchant services marketplace and seeks to provide integrated business solutions to merchants throughout the United States. Along with its subsidiaries, the company offers a cloud-based business management platform that provides turnkey solutions for merchants to enable them to build and manage their retail businesses, whether online or at a brick-and-mortar location, payment processing solutions, payment gateway, virtual terminal with proprietary business management tools, and crowdfunding solutions. The Company has two business segments; Fintech Services which generates key revenue, and the Bitcoin Mining business segment.
Executives
Patrick G Smith officer: Vice President 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Ronny Yakov director, 10 percent owner, officer: see remarks 1120 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John E Herzog 10 percent owner C/O HERZOG & CO., INC., 824 HARBOR ROAD, SOUTHPORT CT 06890
Ehud Ernst director 8 RAZIEL STREET, TEL AVIV L3 00000
Alina Dulimof director 200 PARK AVENUE, SUITE 1700, NEW YORK NY 10166
Amir Sternhell director SERTAINTY CORPORATION, 1420 DONALDSON PIKE A-20, NASHVILLE TN 37217
George Katsiaunis director 96 WOODLAND PARK DRIVE, TENAFLY NJ 07670
Rachel Boulds Cpa, Pllc officer: Chief Financial Officer 6371 S. GLENOAKS STREET, MURRAY UT 84107