Synchronoss Technologies (Synchronoss Technologies) Debt-to-EBITDA

: -30.26 (As of Dec. 2023)

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

Synchronoss Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.4 Mil. Synchronoss Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $159.8 Mil. Synchronoss Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was $-5.5 Mil. Synchronoss Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -30.26.

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 Synchronoss Technologies's Debt-to-EBITDA or its related term are showing as below:

SNCR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.98 Med: 4.49 Max: 51.82
Current: 15.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Synchronoss Technologies was 51.82. The lowest was -16.98. And the median was 4.49.

SNCR's Debt-to-EBITDA is ranked worse than
95.67% of 1592 companies
in the Software industry
Industry Median: 1.04 vs SNCR: 15.88

Synchronoss Technologies Debt-to-EBITDA Historical Data

The historical data trend for Synchronoss Technologies'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.

Synchronoss Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

-2.63

9.69

51.82

4.55

15.88

Synchronoss Technologies 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															-11.95	55.79	17.73	4.56	-30.26

Competitive Comparison

For the Software - Infrastructure subindustry, Synchronoss Technologies'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.

Synchronoss Technologies Debt-to-EBITDA Distribution

For the Software industry and Technology sector, Synchronoss Technologies's Debt-to-EBITDA distribution charts can be found below:

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

Synchronoss Technologies Debt-to-EBITDA Calculation

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

Synchronoss Technologies'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
	=	(6.4	+	159.808)	/	10.465
	=	15.88

Synchronoss Technologies'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
	=	(6.4	+	159.808)	/	-5.492
	=	-30.26

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.

Synchronoss Technologies (NAS:SNCR) 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.

Synchronoss Technologies Debt-to-EBITDA Related Terms

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

Synchronoss Technologies (Synchronoss Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synchronoss Technologies Inc (NAS:SNCR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

H6K0:Germany

Address

200 Crossing Boulevard, 3rd Floor, Bridgewater, NJ, USA, 08807

Website

https://www.synchronoss.com

Synchronoss Technologies Inc is a provider of cloud- and software-based activation solutions for mobile carriers, enterprises, retailers, and original equipment manufacturers. These solutions are delivered through the Activation Services, Synchronoss Personal Cloud, Enterprise, and Integrated Life platforms, which are scalable and available on-demand. The firm's solutions include activation and processing, cloud-based sync, backup, storage, and content engagement capabilities. The company derives revenue from subscriptions and transaction-based fees. A majority of the firm's revenue is generated in the United States, and the rest is from countries across the world.

Executives

Laurie Harris	director	C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BOULEVARD, BRIDGEWATER TOWNSHIP NJ 08807
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Martin Francis Bernstein	director	C/O B. RILEY FINANCIAL, INC., 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Kristin S. Rinne	director	C/O SYNCHRONOSS TECHNOLOGIES INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807
Jeffrey George Miller	officer: Chief Commercial Officer	C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Lou Ferraro	officer: EVP and CFO	200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Christopher K. Hill	officer: EVP & Chief Commercial Officer	200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Patrick Joseph Doran	officer: EVP & Chief Technology Officer	750 ROUTE 202 SOUTH, SUITE 600, BRIDGEWATER NJ 08807
Christina Gabrys	officer: SVP and CLO	200 CROSSING BLVD., 8TH FLOOR, BRIDGEWATER NJ 08807
Stephen G Waldis	director, officer: President & C.E.O.	750 ROUTE 202 SOUTH, SUITE 600, BRIDGEWATER NJ 08807
Taylor C Greenwald	officer: Chief Financial Officer	C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BOULEVARD, 3RD FLOOR, BRIDGEWATER NJ 08807
David D Clark	officer: Chief Financial Officer	FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Brc Partners Opportunity Fund, Lp	10 percent owner	11100 SANTA MONICA BLVD. SUITE 800, LOS ANGELES CA 90025
B. Riley Capital Management, Llc	10 percent owner	11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
Brc Partners Management Gp, Llc	10 percent owner	11100 SANTA MONICA BLVD SUITE 800, LOS ANGELES CA 90025