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Bird Global (OTCPK:BRDSQ) Debt-to-EBITDA

: -5.40 (As of Sep. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Bird Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $19.1 Mil. Bird Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $83.2 Mil. Bird Global's annualized EBITDA for the quarter that ended in Sep. 2023 was $-18.9 Mil. Bird Global's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -5.40.

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

BRDSQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.15   Med: -0.28   Max: -0.17
Current: -2.15

During the past 4 years, the highest Debt-to-EBITDA Ratio of Bird Global was -0.17. The lowest was -2.15. And the median was -0.28.

BRDSQ's Debt-to-EBITDA is ranked worse than
100% of 824 companies
in the Business Services industry
Industry Median: 1.89 vs BRDSQ: -2.15

Bird Global Debt-to-EBITDA Historical Data

The historical data trend for Bird 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.

* Premium members only.

Bird Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
- -0.17 -0.31 -0.28

Bird Global Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA 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 3.96 -1.74 -0.86 -76.99 -5.40

Competitive Comparison

For the Rental & Leasing Services subindustry, Bird 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.


Bird Global Debt-to-EBITDA Distribution

For the Business Services industry and Industrials sector, Bird Global's Debt-to-EBITDA distribution charts can be found below:

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



Bird Global Debt-to-EBITDA Calculation

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

Bird Global's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.2 + 56.205) / -284.245
=-0.28

Bird Global's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.131 + 83.16) / -18.936
=-5.40

* 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. 2023) EBITDA data.


Bird Global  (OTCPK:BRDSQ) 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.


Bird Global Debt-to-EBITDA Related Terms

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


Bird Global (OTCPK:BRDSQ) Business Description

Traded in Other Exchanges
N/A
Address
392 North East 191st Street, No. 20388, Miami, FL, USA, 33179
Bird Global Inc is a micro-mobility company engaged in delivering electric transportation solutions for short distances. It partners with cities to bring lightweight, electric vehicles to residents and visitors to replace car trips by providing an alternative sustainable transportation option. The company operates in North America, Europe, Middle East and Africa and Other countries.
Executives
John Ivan Bitove director C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Hoselito Joseph Prodan officer: Chief Financial Officer C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Michael Washinushi officer: Chief Financial Officer C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Stewart Lyons officer: Chief Executive Officer C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Travis Vanderzanden director, 10 percent owner, officer: Chief Executive Officer C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Shane Torchiana officer: Chief Operating Officer 1425 BRICKELL AVE, UNIT 58E, MIAMI FL 33131
Jeffrey Vance officer: Corporate Controller IMAX CORPORATION, 2525 SPEAKMAN DRIVE, MISSISSAUGA A6 L5K 1B1
Philip Keebler Ryan director C/O BIRD GLOBAL, INC., 392 NE 191ST STREET #20388, MIAMI FL 33179
Philip Evershed director C/O BIRD GLOBAL, INC., 392 N 191ST STREET #20388 FL 33179
Antonio Occhionero director C/O BIRD GLOBAL, INC., 406 BROADWAY, SUITE 369, SANTA MONICA CA 90401
Kevin Talbot director C/O BIRD GLOBAL, INC., 406 BROADWAY, SUITE 369, SANTA MONICA CA 90401
Lance Bradley officer: Chief Technology Officer C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Ben Lu officer: Chief Financial Officer C/O BIRD RIDES, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Gregory Alan Wright officer: Controller C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179
Yibo Ling officer: Chief Financial Officer C/O BIRD GLOBAL, INC., 392 NE 191ST STREET, #20388, MIAMI FL 33179