Sound Group (Sound Group) Debt-to-EBITDA : -0.11 (As of Sep. 2023)

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What is Sound Group Debt-to-EBITDA?

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

Sound Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.8 Mil. Sound Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.8 Mil. Sound Group's annualized EBITDA for the quarter that ended in Sep. 2023 was $-33.9 Mil. Sound Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.11.

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

SOGP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.07 Med: -0.91 Max: 1.2
Current: 1.2

During the past 6 years, the highest Debt-to-EBITDA Ratio of Sound Group was 1.20. The lowest was -1.07. And the median was -0.91.

SOGP's Debt-to-EBITDA is ranked worse than
57.4% of 277 companies
in the Interactive Media industry
Industry Median: 0.79 vs SOGP: 1.20

Sound Group Debt-to-EBITDA Historical Data

The historical data trend for Sound 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.

Sound Group Debt-to-EBITDA Chart

Sound Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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-0.91

-1.07

0.87

Sound Group Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.87	1.05	0.44	0.64	-0.11

Competitive Comparison of Sound Group's Debt-to-EBITDA

For the Internet Content & Information subindustry, Sound 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.

Sound Group's Debt-to-EBITDA Distribution in the Interactive Media Industry

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

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

Sound Group Debt-to-EBITDA Calculation

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

Sound 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
	=	(13.216	+	1.175)	/	16.47
	=	0.87

Sound Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.784	+	0.792)	/	-33.924
	=	-0.11

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 (Sep. 2023) EBITDA data.

Sound Group (NAS:SOGP) 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.

Sound Group Debt-to-EBITDA Related Terms

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

Sound Group (Sound Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Sound Group Inc (NAS:SOGP) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yangcheng Creative Industry Zone, No. 309 Middle Huangpu Avenue, Tianhe District, Guangzhou, CHN, 510655

Website

https://www.lizhi.fm

Lizhi Inc is engaged in the operation of providing audio entertainment, podcast, advertising, and others in the People's Republic of China. The company aims to bring people closer together through voices through its product portfolios. It offers LIZHI App, an online UGC audio community, an interactive audio entertainment platform, and an online audio platform in China. The group's revenues comprise audio entertainment revenue, podcast, advertising, and other revenue. It derives a majority of its revenue from the People's Republic of China.