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REAL (The RealReal) Debt-to-EBITDA : 1.63 (As of Mar. 2025)


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What is The RealReal Debt-to-EBITDA?

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

The RealReal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $49.6 Mil. The RealReal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $454.7 Mil. The RealReal's annualized EBITDA for the quarter that ended in Mar. 2025 was $308.8 Mil. The RealReal's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 1.63.

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 The RealReal's Debt-to-EBITDA or its related term are showing as below:

REAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.88   Med: -2.67   Max: 30.17
Current: 30.17

During the past 8 years, the highest Debt-to-EBITDA Ratio of The RealReal was 30.17. The lowest was -6.88. And the median was -2.67.

REAL's Debt-to-EBITDA is ranked worse than
96.29% of 889 companies
in the Retail - Cyclical industry
Industry Median: 2.76 vs REAL: 30.17

The RealReal Debt-to-EBITDA Historical Data

The historical data trend for The RealReal'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.

The RealReal Debt-to-EBITDA Chart

The RealReal Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial -1.84 -2.67 -3.77 -4.59 -6.88

The RealReal Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -7.32 -51.65 -37.57 -2.52 1.63

Competitive Comparison of The RealReal's Debt-to-EBITDA

For the Luxury Goods subindustry, The RealReal'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.


The RealReal's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The RealReal's Debt-to-EBITDA distribution charts can be found below:

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


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The RealReal Debt-to-EBITDA Calculation

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

The RealReal's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(49.488 + 497.067) / -79.442
=-6.88

The RealReal's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(49.566 + 454.745) / 308.76
=1.63

* 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 (Mar. 2025) EBITDA data.


The RealReal  (NAS:REAL) 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.


The RealReal Debt-to-EBITDA Related Terms

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


The RealReal Business Description

Traded in Other Exchanges
Address
55 Francisco Street, Suite 150, San Francisco, CA, USA, 94133
The RealReal is the largest pure-play luxury resale platform in the US, generating $1.8 billion in 2024 gross merchandise volume and addressing a niche (personal luxury resale) that had previously been serviced by inefficient upscale boutiques and local pawn shops. The company generates revenue via consignment and first-party sales on its online marketplace, and through a small volume of direct sales. With a hands-on approach that actively sources inventory and authenticates every item on its platform, The RealReal is able to justify much higher take rates than peers, working out to roughly 36% of net merchandise value in 2024, which excludes returns, cancellations, and first-party sales.
Executives
Todd A Suko officer: Chief Legal Officer and Secy. 7251 WEST 4TH STREET, GREELEY CO 80634
Levesque Rati Sahi officer: Chief Operating Officer 55 FRANCISCO, SAN FRANCISCO CA 94133
Luke Thomas Friang officer: Chief Product & Tech Officer 20614 NE 38TH STREET, SAMMAMISH WA 98074
Steve Ming Lo officer: VP, Corporate Controller 55 FRANCISCO ST, 6TH FLOOR, SAN FRANCISCO CA 94133
John E Koryl director, officer: Chief Executive Officer 55 FRANCISCO STREET 4TH FLOOR, SAN FRANCISCO CA 94133
Karen Katz director
James R. Miller director 4050 EAST COTTON CENTER BLVD. 6-68, PHOENIX AZ 85040
Carol A Melton director 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815
Niki Leondakis director 55 FRANCISCO ST, 6TH FLOOR, SAN FRANCISCO CA 94133
Robert J Krolik director 873 SANTA CRUZ AVE, SUITE 206, MENLO PARK CA 94025
Caretha Coleman director 26855 ORTEGA DRIVE, LOS ALTOS HILLS CA 94022
Robert K. Julian officer: Chief Financial Officer C/O SPORTSMAN'S WAREHOUSE, 7035 SOUTH HIGH TECH DRIVE, MIDVALE UT 84047
Julie Wainwright director, officer: CEO, President and Chairperson C/O THE REALREAL, INC., 55 FRANCISCO STREET, SUITE 600, SAN FRANCISCO CA 94133
Arnon Katz officer: Chief Product & Technology Off 3331 VERDUN AVE, SAN MATEO CA 94403
Matt Gustke officer: Chief Financial Officer 55 FRANCISCO ST, 6TH FLOOR, SAN FRANCISCO CA 94133