Zinc Media Group (LSE:ZIN) Debt-to-EBITDA : -342.25 (As of Jun. 2023)

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What is Zinc Media Group Debt-to-EBITDA?

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

Zinc Media Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.46 Mil. Zinc Media Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £3.64 Mil. Zinc Media Group's annualized EBITDA for the quarter that ended in Jun. 2023 was £-0.01 Mil. Zinc Media Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -342.25.

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 Zinc Media Group's Debt-to-EBITDA or its related term are showing as below:

LSE:ZIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -66.21 Med: -1.71 Max: 10.51
Current: -11.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Zinc Media Group was 10.51. The lowest was -66.21. And the median was -1.71.

LSE:ZIN's Debt-to-EBITDA is ranked worse than
100% of 673 companies
in the Media - Diversified industry
Industry Median: 1.65 vs LSE:ZIN: -11.60

Zinc Media Group Debt-to-EBITDA Historical Data

The historical data trend for Zinc Media Group'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.

Zinc Media Group Debt-to-EBITDA Chart

Zinc Media Group Annual Data

Trend

Mar11

Mar12

Mar13

Jun15

Jun16

Jun17

Jun18

Jun19

Dec21

Dec22

Debt-to-EBITDA

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2.27

10.51

7.89

-5.23

-3.71

Zinc Media Group Semi-Annual Data
	Mar13	Sep13	Mar14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial															-2.00	6.72	-2.54	-6.49	-342.25

Competitive Comparison of Zinc Media Group's Debt-to-EBITDA

For the Entertainment subindustry, Zinc Media Group'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.

Zinc Media Group's Debt-to-EBITDA Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Zinc Media Group's Debt-to-EBITDA falls into.

Zinc Media Group Debt-to-EBITDA Calculation

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

Zinc Media Group'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
	=	(0.675	+	3.842)	/	-1.217
	=	-3.71

Zinc Media Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.463	+	3.644)	/	-0.012
	=	-342.25

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 two times the quarterly (Jun. 2023) EBITDA data.

Zinc Media Group (LSE:ZIN) 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.

Zinc Media Group Debt-to-EBITDA Related Terms

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

Zinc Media Group (LSE:ZIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zinc Media Group PLC (LSE:ZIN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ZIN.GB:UK

Address

17 Dominion Street, 1st Floor, London, GBR, EC2M 2EF

Website

https://www.zincmedia.com

Zinc Media Group PLC is a multimedia producer of TV programming with publishing and communications content. The activities undertaken by the TV segment include the production of television content. The Content Production segment includes brand and corporate film production, radio and podcast production and publishing. The majority of its revenue is earned from TV production. The Group comprises twelve businesses that operate in two areas: television production (Tern TV, Brook Lapping, Red Sauce, Supercollider, Rex, Bumblebee and Atomic TV) and content production for brands and businesses (The Edge and the Zinc Communicate businesses in Brand Entertainment, Audio, Corporate Film and Publishing). Geographically, the majority is from the United Kingdom.

Zinc Media Group (LSE:ZIN) Headlines

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