SMG Industries (SMG Industries) Debt-to-EBITDA : 3.92 (As of Sep. 2023)

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What is SMG Industries Debt-to-EBITDA?

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

SMG Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $45.29 Mil. SMG Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.79 Mil. SMG Industries's annualized EBITDA for the quarter that ended in Sep. 2023 was $12.78 Mil. SMG Industries's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.92.

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 SMG Industries's Debt-to-EBITDA or its related term are showing as below:

SMGI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.72 Med: -0.79 Max: 18.43
Current: 8.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of SMG Industries was 18.43. The lowest was -5.72. And the median was -0.79.

SMGI's Debt-to-EBITDA is ranked worse than
92.89% of 717 companies
in the Oil & Gas industry
Industry Median: 1.74 vs SMGI: 8.48

SMG Industries Debt-to-EBITDA Historical Data

The historical data trend for SMG Industries'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.

SMG Industries Debt-to-EBITDA Chart

SMG Industries Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

Get a 7-Day Free Trial

-3.28

-0.79

-5.72

18.43

12.01

SMG Industries Quarterly Data
	Dec18	Mar19	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															11.00	7.64	38.76	10.14	3.92

Competitive Comparison of SMG Industries's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, SMG Industries'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.

SMG Industries's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SMG Industries's Debt-to-EBITDA distribution charts can be found below:

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

SMG Industries Debt-to-EBITDA Calculation

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

SMG Industries'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
	=	(28.058	+	13.585)	/	3.467
	=	12.01

SMG Industries'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
	=	(45.287	+	4.794)	/	12.776
	=	3.92

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.

SMG Industries (OTCPK:SMGI) 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.

SMG Industries Debt-to-EBITDA Related Terms

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

SMG Industries (SMG Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SMG Industries Inc (OTCPK:SMGI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

State Hwy 249, Suite 450, Houston, TX, USA, 77070

Website

https://www.SMGIndustries.com

SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.

Executives

Timothy W Barnhart	director, officer: Chief Financial Officer	9251 WEST MAIN ROAD, NORTH EAST PA 16428
Bryan S Barnhart	director, officer: Chief Executive Officer	9251 WEST MAIN ROAD, NORTH EAST PA 16428
Wilson Newton W Iii	director, 10 percent owner	C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Frye James E. Jr.	director, 10 percent owner	4090 N. HWY US 79, PALESTINE TX 75801
Newton W. Dorsett	director	220 TRAVIS STREET, SUITE 501, SHREVEPORT LA 71101
Brady E. Crosswell	director, 10 percent owner	902 WILD VALLEY ROAD, HOUSTON TX 77057
Steven H Madden	10 percent owner	9821 KATY FWY, STE 880, APEX HERITAGE GROUP, HOUSTON TX 77024
Allen Ray Parrott	officer: Chief Financial Officer	10626 SHELDON ROAD, HOUSTON TX 77044
Jeffrey Ralph Martini	officer: Chief Executive Officer	18226 MEMORIAL SPRINGS CT., TOMBALL TX 77375
Joseph L Page	director	8523 OLD QUARRY DR, SUGAR LAND TX 77479
Matthew C Flemming	director, officer: President, CEO and Chairman	18614 RESICA FALLS, HOUSTON TX 77094
Stephen Christian	officer: Executive Vice President	710 N. POST ROAD, SUITE 400, HOUSTON TX 77024
Robert Michael Villarreal	director	710 N POST OAK ROAD, SUITE 315, HOUSTON TX 77024
George W Gilman	10 percent owner	710 N. POST OAK RD., SUITE 400, HOUSTON TX 77024
Gilbert Michael A. Ii	director	851 WYCLIFFE DRIVE, HOUSTON TX 77079