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DoubleDown Interactive Co (DoubleDown Interactive Co) Debt-to-EBITDA : 0.33 (As of Dec. 2023)


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What is DoubleDown Interactive Co Debt-to-EBITDA?

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

DoubleDown Interactive Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41.9 Mil. DoubleDown Interactive Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.4 Mil. DoubleDown Interactive Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $140.4 Mil. DoubleDown Interactive Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.33.

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 DoubleDown Interactive Co's Debt-to-EBITDA or its related term are showing as below:

DDI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.15   Med: 0.45   Max: 4.72
Current: 0.35

During the past 6 years, the highest Debt-to-EBITDA Ratio of DoubleDown Interactive Co was 4.72. The lowest was -0.15. And the median was 0.45.

DDI's Debt-to-EBITDA is ranked better than
66.79% of 274 companies
in the Interactive Media industry
Industry Median: 0.77 vs DDI: 0.35

DoubleDown Interactive Co Debt-to-EBITDA Historical Data

The historical data trend for DoubleDown Interactive Co'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.

DoubleDown Interactive Co Debt-to-EBITDA Chart

DoubleDown Interactive Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 3.55 0.48 0.41 -0.15 0.35

DoubleDown Interactive Co 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 -0.04 0.34 0.32 0.28 0.33

Competitive Comparison of DoubleDown Interactive Co's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, DoubleDown Interactive Co'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.


DoubleDown Interactive Co's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DoubleDown Interactive Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where DoubleDown Interactive Co's Debt-to-EBITDA falls into.



DoubleDown Interactive Co Debt-to-EBITDA Calculation

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

DoubleDown Interactive Co'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
=(41.935 + 4.42) / 133.671
=0.35

DoubleDown Interactive Co'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
=(41.935 + 4.42) / 140.388
=0.33

* 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.


DoubleDown Interactive Co  (NAS:DDI) 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.


DoubleDown Interactive Co Debt-to-EBITDA Related Terms

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


DoubleDown Interactive Co (DoubleDown Interactive Co) Business Description

Traded in Other Exchanges
Address
152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236
DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.