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Porch Group (Porch Group) Debt-to-EBITDA : 7.45 (As of Dec. 2023)


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What is Porch Group Debt-to-EBITDA?

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

Porch Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.2 Mil. Porch Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $435.5 Mil. Porch Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $58.5 Mil. Porch Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 7.45.

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

PRCH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.65   Med: -3.71   Max: -0.69
Current: -5.65

During the past 5 years, the highest Debt-to-EBITDA Ratio of Porch Group was -0.69. The lowest was -5.65. And the median was -3.71.

PRCH's Debt-to-EBITDA is ranked worse than
100% of 1600 companies
in the Software industry
Industry Median: 1.04 vs PRCH: -5.65

Porch Group Debt-to-EBITDA Historical Data

The historical data trend for Porch 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.

Porch Group Debt-to-EBITDA Chart

Porch Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.69 -1.40 -4.41 -3.71 -5.65

Porch Group Quarterly Data
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 -4.20 -3.63 -1.50 9.96 7.45

Competitive Comparison of Porch Group's Debt-to-EBITDA

For the Software - Application subindustry, Porch 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.


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

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

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



Porch Group Debt-to-EBITDA Calculation

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

Porch 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
=(0.244 + 435.495) / -77.068
=-5.65

Porch 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
=(0.244 + 435.495) / 58.456
=7.45

* 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.


Porch Group  (NAS:PRCH) 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.


Porch Group Debt-to-EBITDA Related Terms

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


Porch Group (Porch Group) Business Description

Traded in Other Exchanges
Address
411 1st Avenue South, Suite 501, Seattle, WA, USA, 98104
Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has two reportable segments: The vertical Software segment provides software and services to home services companies. The Vertical Software segment has three types of customers: home services companies, such as home inspectors, mortgage companies, and loan officers, consumers, such as homebuyers and homeowners, and service providers, such as moving companies, security companies, and title companies, and The insurance segment offers various property-related insurance policies through its risk-bearing carrier, independent agency, and risk-bearing home warranty companies.
Executives
Camilla Velasquez director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Rachel Lam director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Matt Ehrlichman director, 10 percent owner, officer: CEO, Chairman and Founder 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Park West Asset Management Llc 10 percent owner 1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Sean Davis Kell director 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Matthew Neagle officer: Chief Operating Officer 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Shawn Tabak officer: Chief Financial Officer 23 BERENS DRIVE, KENTFIELD CA 94904
Amanda L Reierson director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Martin L. Heimbigner officer: Chief Financial Officer 110 - 110TH AVE., NE, SUITE 300, BELLEVUE WA 98004
Asha Sharma director 2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Maurice Tulloch director 411 1ST AVENUE S., SUITE 501, SEATTLE WA 98104
Thomas D Hennessy director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Regi Vengalil director 411 1ST AVENUE SOUTH, SUITE 501, SEATTLE WA 98104
Javier Saade director 2201 1ST AVENUE SOUTH, SUITE 300, SEATTLE WA 98134
Alan R Pickerill director C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104