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Everi Holdings (Everi Holdings) Debt-to-EBITDA : 4.22 (As of Dec. 2023)


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What is Everi Holdings Debt-to-EBITDA?

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

Everi Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.1 Mil. Everi Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $968.5 Mil. Everi Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $232.6 Mil. Everi Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.22.

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

EVRI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.9   Med: 5.64   Max: 20.96
Current: 3.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Everi Holdings was 20.96. The lowest was 2.90. And the median was 5.64.

EVRI's Debt-to-EBITDA is ranked worse than
52.34% of 619 companies
in the Travel & Leisure industry
Industry Median: 2.87 vs EVRI: 3.09

Everi Holdings Debt-to-EBITDA Historical Data

The historical data trend for Everi 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.

Everi Holdings Debt-to-EBITDA Chart

Everi Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.93 8.26 3.11 2.90 3.09

Everi 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 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.86 2.85 2.80 2.78 4.22

Competitive Comparison of Everi Holdings's Debt-to-EBITDA

For the Gambling subindustry, Everi 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.


Everi Holdings's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Everi Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Everi Holdings Debt-to-EBITDA Calculation

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

Everi 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
=(13.079 + 968.465) / 318.017
=3.09

Everi 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
=(13.079 + 968.465) / 232.56
=4.22

* 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.


Everi Holdings  (NYSE:EVRI) 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.


Everi Holdings Debt-to-EBITDA Related Terms

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


Everi Holdings (Everi Holdings) Business Description

Traded in Other Exchanges
Address
7250 South Tenaya Way, Suite 100, Las Vegas, NV, USA, 89113
Everi Holdings Inc provides entertainment and technology solutions for the casino, interactive, and gaming industry. It operates in two segments namely Games and Financial Technology Solutions (FinTech). Enveri Games provides gaming operators with gaming technology products and services which include gaming machines, slot machines, leased gaming equipment, and other products and services. Enveri FinTech provides gaming operators with financial technology products and services which include services and equipment that facilitate casino patron's to access cash at gaming facilities through automated teller machines, point-of-sale debit card purchases and others.
Executives
Randy L Taylor officer: EVP & CFO C/O CITADEL BROADCASTING CORP, CITY CENTER W 7201 W LAKE MEAD BLVD, LAS VEGAS NV 89128
Michael D Rumbolz director 3201 WEST COUNTY ROAD 42, SUITE 106, BURNSVILLE MN 55306
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
Geoffrey P Judge director 3525 EAST POST ROAD, SUITE 200, LAS VEGAS NV 89120
Debra Nutton director 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Todd Valli officer: SVP, CAO 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
David Lucchese officer: EVP 7250 S. TENAYA WAY #100, LAS VEGAS NV 89113
Paul Jr Finch director 2525 HORIZON LAKE DR STE 120, MEMPHIS TN 38133
Ronald V Congemi director 3525 EAST POST ROAD, SUITE 120, LAS VEGAS NV 89120
Darren Simmons officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Dean A Ehrlich officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Linster W Fox director ANACOMP, INC.,, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
Eileen F Raney director 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Mark F. Labay officer: EVP, CFO 7250 S TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Kate C. Lowenhar-fisher officer: EVP, Chief Legal Officer 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113

Everi Holdings (Everi Holdings) Headlines

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