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CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Debt-to-EBITDA : 2.38 (As of Dec. 2023)


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What is CCC Intelligent Solutions Holdings Debt-to-EBITDA?

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

CCC Intelligent Solutions Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14.8 Mil. CCC Intelligent Solutions Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $818.3 Mil. CCC Intelligent Solutions Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $350.2 Mil. CCC Intelligent Solutions Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.38.

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 CCC Intelligent Solutions Holdings's Debt-to-EBITDA or its related term are showing as below:

CCCS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.19   Med: 5.59   Max: 7.67
Current: 7.28

During the past 5 years, the highest Debt-to-EBITDA Ratio of CCC Intelligent Solutions Holdings was 7.67. The lowest was -9.19. And the median was 5.59.

CCCS's Debt-to-EBITDA is ranked worse than
89.5% of 1600 companies
in the Software industry
Industry Median: 1.04 vs CCCS: 7.28

CCC Intelligent Solutions Holdings Debt-to-EBITDA Historical Data

The historical data trend for CCC Intelligent Solutions 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.

CCC Intelligent Solutions Holdings Debt-to-EBITDA Chart

CCC Intelligent Solutions Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 7.67 -9.19 3.90 7.28

CCC Intelligent Solutions Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.62 4.27 -4.02 7.01 2.38

Competitive Comparison of CCC Intelligent Solutions Holdings's Debt-to-EBITDA

For the Software - Infrastructure subindustry, CCC Intelligent Solutions 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.


CCC Intelligent Solutions Holdings's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, CCC Intelligent Solutions Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CCC Intelligent Solutions Holdings's Debt-to-EBITDA falls into.



CCC Intelligent Solutions Holdings Debt-to-EBITDA Calculation

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

CCC Intelligent Solutions 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
=(14.788 + 818.3) / 114.368
=7.28

CCC Intelligent Solutions 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
=(14.788 + 818.3) / 350.176
=2.38

* 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 (Dec. 2023) EBITDA data.


CCC Intelligent Solutions Holdings  (NAS:CCCS) 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.


CCC Intelligent Solutions Holdings Debt-to-EBITDA Related Terms

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


CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Business Description

Traded in Other Exchanges
Address
167 North Green Street, 9th Floor, Chicago, IL, USA, 60607
CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.
Executives
Lauren Young director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent International Corp/ma director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Eric Wei director C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Christopher Egan director 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gp, Llc director, 10 percent owner 800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Rodney Christo officer: Chief Accounting Officer 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Brian Herb officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Eileen Schloss director C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Marc Fredman officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Mary Jo Prigge officer: See Remarks
John Page Goodson officer: Chief Technology Officer 14 OAK PARK DRIVE, BEDFORD MA 01730
Michael John Silva officer: See Remarks 222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
William Ingram director C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Cypress Investor Holdings, Lp director, 10 percent owner PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Oh Cypress Aggregator, L.p. director ONE STAMFORD PLAZA, 262 TRESSER BOULEVARD, 15TH FLOOR, STAMFORD CT 06901