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TC (Token Cat) Debt-to-EBITDA : -0.37 (As of Jun. 2024)


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What is Token Cat Debt-to-EBITDA?

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

Token Cat's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2.35 Mil. Token Cat's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2.48 Mil. Token Cat's annualized EBITDA for the quarter that ended in Jun. 2024 was $-13.00 Mil. Token Cat's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.37.

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 Token Cat's Debt-to-EBITDA or its related term are showing as below:

TC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.3   Med: -0.21   Max: -0.06
Current: -0.31

During the past 8 years, the highest Debt-to-EBITDA Ratio of Token Cat was -0.06. The lowest was -1.30. And the median was -0.21.

TC's Debt-to-EBITDA is ranked worse than
100% of 647 companies
in the Media - Diversified industry
Industry Median: 1.66 vs TC: -0.31

Token Cat Debt-to-EBITDA Historical Data

The historical data trend for Token Cat'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.

Token Cat Debt-to-EBITDA Chart

Token Cat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - -0.06 -0.11 -0.18 -0.24

Token Cat Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.18 -0.16 -0.19 -0.22 -0.37

Competitive Comparison of Token Cat's Debt-to-EBITDA

For the Advertising Agencies subindustry, Token Cat'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.


Token Cat's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Token Cat's Debt-to-EBITDA distribution charts can be found below:

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


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Token Cat Debt-to-EBITDA Calculation

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

Token Cat'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
=(2.77 + 1.274) / -16.738
=-0.24

Token Cat's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.345 + 2.48) / -13
=-0.37

* 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 two times the quarterly (Jun. 2024) EBITDA data.


Token Cat  (NAS:TC) 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.


Token Cat Debt-to-EBITDA Related Terms

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


Token Cat Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Yangfangdian Road, 9th Floor, Ruihai Building, Haidian District, Beijing, CHN, 100038
Token Cat Ltd, formerly TuanChe Ltd is an omnichannel automotive marketplace in China. The company operates in one operating segment of providing auto shows, special promotion events services, and virtual dealership, online marketing services, and others. It organizes auto shows, for the purpose of facilitating transactions between consumers and auto dealers that include auto dealers, automakers, and automotive service providers. It provides services through its online platform and offline events.