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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 Coinbase Global's Debt-to-EBITDA or its related term are showing as below:
XSWX:COIN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.4 Med: 1.13 Max: 20.5
Current: -7.4
During the past 7 years, the highest Debt-to-EBITDA Ratio of Coinbase Global was 20.50. The lowest was -7.40. And the median was 1.13.
XSWX:COIN's Debt-to-EBITDA is ranked worse than 100% of 419
companies
in the Capital Markets industry
Industry Median: 1.64
vs XSWX:COIN: -7.40
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.
Coinbase Global Debt-to-EBITDA Related Terms
Coinbase Global Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Coinbase Global'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.
XSWX:COIN vs MSCI, NDAQ, CBOE: Debt-to-EBITDA Comparison
For the Financial Data & Stock Exchanges subindustry, Coinbase Global'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.
Coinbase Global Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Coinbase Global's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Coinbase Global's Debt-to-EBITDA falls into.
* 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 (Jun. 2026) EBITDA data.
Coinbase Global (XSWX:COIN) has a Debt-to-EBITDA of -5.40 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Coinbase Global. According to the industry distribution chart, Coinbase Global ranks #999999 out of 419 companies in the Capital Markets industry.
Is Coinbase Global's Debt-to-EBITDA too high?
Coinbase Global's current Debt-to-EBITDA is -5.40. Based on the distribution chart, Coinbase Global ranks #999999 out of 419 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Coinbase Global has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Coinbase Global's Debt-to-EBITDA compare to MSCI and NDAQ?
According to the Capital Markets industry distribution chart, Coinbase Global ranks #999999 out of 419 companies for Debt-to-EBITDA. This places Coinbase Global in the lower half of its industry. The industry median Debt-to-EBITDA is 1.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.64, based on 419 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Coinbase Global. For the Capital Markets industry, the median Debt-to-EBITDA is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coinbase Global's current Debt-to-EBITDA is -5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coinbase Global stock overvalued right now?
Coinbase Global (XSWX:COIN) has a current Debt-to-EBITDA of -5.40. The stock's GF Value™ is CHF185.86, compared to a current price of CHF120.96 — trading 34.9% below its estimated fair value. The current Debt-to-EBITDA is -5.40. Coinbase Global's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Coinbase Global (XSWX:COIN), the current Debt-to-EBITDA is -5.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coinbase Global (XSWX:COIN) Overvalued in 2026?
Based on GuruFocus' analysis, Coinbase Global stock appears to be undervalued.
The current stock price of CHF120.96 is trading 34.9% below its estimated GF Value™ of CHF185.86.
Key valuation signals for XSWX:COIN:
Debt-to-EBITDA: -5.40
GF Value™: CHF185.86 vs. price of CHF120.96 (34.9% below fair value)
No single metric tells the full story. See the XSWX:COIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as prime brokerage and data analytics.
73GF Score
Get the complete analysis for XSWX:COIN
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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