TPT Global Tech (TPT Global Tech) Debt-to-EBITDA : -1.64 (As of Mar. 2024)

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What is TPT Global Tech Debt-to-EBITDA?

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

TPT Global Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $18.52 Mil. TPT Global Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.63 Mil. TPT Global Tech's annualized EBITDA for the quarter that ended in Mar. 2024 was $-11.66 Mil. TPT Global Tech's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -1.64.

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 TPT Global Tech's Debt-to-EBITDA or its related term are showing as below:

TPTW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -462.58 Med: -2.49 Max: -1.15
Current: -1.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of TPT Global Tech was -1.15. The lowest was -462.58. And the median was -2.49.

TPTW's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs TPTW: -1.79

TPT Global Tech Debt-to-EBITDA Historical Data

The historical data trend for TPT Global Tech'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.

TPT Global Tech Debt-to-EBITDA Chart

TPT Global Tech Annual Data

Trend

Dec05

Dec06

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-2.03

-4.74

-462.58

-1.15

-2.25

TPT Global Tech 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															-4.61	-5.89	-59.35	-0.72	-1.64

Competitive Comparison of TPT Global Tech's Debt-to-EBITDA

For the Communication Equipment subindustry, TPT Global Tech'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.

TPT Global Tech's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPT Global Tech's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TPT Global Tech's Debt-to-EBITDA falls into.

TPT Global Tech Debt-to-EBITDA Calculation

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

TPT Global Tech'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
	=	(19.025	+	0.68)	/	-8.765
	=	-2.25

TPT Global Tech'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
	=	(18.521	+	0.63)	/	-11.656
	=	-1.64

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.

TPT Global Tech (OTCPK:TPTW) 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.

TPT Global Tech Debt-to-EBITDA Related Terms

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

TPT Global Tech (TPT Global Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPT Global Tech Inc (OTCPK:TPTW) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 West Broadway, Suite 800, San Diego, CA, USA, 92101

Website

https://www.tptglobaltech.com

TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).