Sirius XM Holdings (BSP:SRXM34) Debt-to-EBITDA

: 3.70 (As of Dec. 2023)

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

Sirius XM Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$2,700 Mil. Sirius XM Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$44,010 Mil. Sirius XM Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was R$12,641 Mil. Sirius XM Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.69.

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 Sirius XM Holdings's Debt-to-EBITDA or its related term are showing as below:

BSP:SRXM34' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.29 Med: 3.69 Max: 6.47
Current: 3.75

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sirius XM Holdings was 6.47. The lowest was 3.29. And the median was 3.69.

BSP:SRXM34's Debt-to-EBITDA is ranked worse than
72.4% of 674 companies
in the Media - Diversified industry
Industry Median: 1.65 vs BSP:SRXM34: 3.75

Sirius XM Holdings Debt-to-EBITDA Historical Data

The historical data trend for Sirius XM Holdings'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.

Sirius XM Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

3.95

6.47

3.66

3.76

3.75

Sirius XM Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA																3.50	4.40	3.89	3.43	3.70

Competitive Comparison

For the Entertainment subindustry, Sirius XM Holdings'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.

Sirius XM Holdings Debt-to-EBITDA Distribution

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

* The bar in red indicates where Sirius XM Holdings's Debt-to-EBITDA falls into.

Sirius XM Holdings Debt-to-EBITDA Calculation

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

Sirius XM Holdings'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
	=	(2699.79	+	44010.004)	/	12445.492
	=	3.75

Sirius XM Holdings'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
	=	(2699.79	+	44010.004)	/	12641.484
	=	3.69

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.

Sirius XM Holdings (BSP:SRXM34) 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.

Sirius XM Holdings Debt-to-EBITDA Related Terms

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Sirius XM Holdings (BSP:SRXM34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sirius XM Holdings Inc (BSP:SRXM34) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SIRI:USA SIRI:Austria

Address

1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020

Website

https://www.siriusxm.com

Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service as well as a robust and growing podcast library. Liberty Media owns 81% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.

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