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LightInTheBox Holding Co (LightInTheBox Holding Co) Debt-to-EBITDA : -0.41 (As of Dec. 2023)


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What is LightInTheBox Holding Co Debt-to-EBITDA?

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

LightInTheBox Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.1 Mil. LightInTheBox Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.9 Mil. LightInTheBox Holding Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $-17.1 Mil. LightInTheBox Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.41.

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

LITB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.1   Med: 0.13   Max: 7.68
Current: -0.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of LightInTheBox Holding Co was 7.68. The lowest was -1.10. And the median was 0.13.

LITB's Debt-to-EBITDA is ranked worse than
100% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.67 vs LITB: -0.73

LightInTheBox Holding Co Debt-to-EBITDA Historical Data

The historical data trend for LightInTheBox Holding 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.

LightInTheBox Holding Co Debt-to-EBITDA Chart

LightInTheBox Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.68 0.64 0.44 -0.18 -1.10

LightInTheBox Holding 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 -0.05 -0.70 -1.60 22.16 -0.41

Competitive Comparison of LightInTheBox Holding Co's Debt-to-EBITDA

For the Internet Retail subindustry, LightInTheBox Holding 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.


LightInTheBox Holding Co's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

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

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



LightInTheBox Holding Co Debt-to-EBITDA Calculation

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

LightInTheBox Holding 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
=(5.08 + 1.915) / -6.369
=-1.10

LightInTheBox Holding 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
=(5.08 + 1.915) / -17.092
=-0.41

* 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.


LightInTheBox Holding Co  (NYSE:LITB) 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.


LightInTheBox Holding Co Debt-to-EBITDA Related Terms

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


LightInTheBox Holding Co (LightInTheBox Holding Co) Business Description

Traded in Other Exchanges
Address
51 Tai Seng Avenue, No. 05-02B/C, Pixel Red, Singapore, SGP, 533941
LightInTheBox Holding Co Ltd is an online retail company delivering products directly to consumers across the world. It provides apparel products including customized, special occasion and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products. The company is engaged in product sales which consisted of online retailing of consumer products. It also provides services which consisted of the provision of logistic services to e-commerce retailers and small businesses. Geographically, it operates in Europe which is the key revenue driver, North America, and other countries.