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MBIA (MBI) Debt-to-EBITDA

: -9.41 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

MBIA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. MBIA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,163.00 Mil. MBIA's annualized EBITDA for the quarter that ended in Dec. 2023 was $-336.00 Mil. MBIA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -9.41.

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

MBI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1571.67   Med: -11.88   Max: 96.97
Current: -11.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of MBIA was 96.97. The lowest was -1571.67. And the median was -11.88.

MBI's Debt-to-EBITDA is ranked worse than
100% of 291 companies
in the Insurance industry
Industry Median: 1.49 vs MBI: -11.59

MBIA Debt-to-EBITDA Historical Data

The historical data trend for MBIA'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.

MBIA 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 -60.10 -10.18 -12.17 96.97 -11.59

MBIA 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 16.86 -24.45 -31.85 -5.91 -9.41

Competitive Comparison

For the Insurance - Specialty subindustry, MBIA'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.


MBIA Debt-to-EBITDA Distribution

For the Insurance industry and Financial Services sector, MBIA's Debt-to-EBITDA distribution charts can be found below:

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



MBIA Debt-to-EBITDA Calculation

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

MBIA'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
=(0 + 3163) / -273
=-11.59

MBIA'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
=(0 + 3163) / -336
=-9.41

* 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.


MBIA  (NYSE:MBI) 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.


MBIA Debt-to-EBITDA Related Terms

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


MBIA (MBI) Business Description

Traded in Other Exchanges
Address
1 Manhattanville Road, Suite 301, Purchase, NY, USA, 10577
MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. It operates in three segments: the United States public finance insurance, corporate, and international & structured finance insurance. U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiary.
Executives
Richard C Vaughan director C/O MBIA, 113 KING STREET, ARMONK NY 10504
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Janice L. Innis-thompson director C/O MBIA INC., 1 MANHATTANVILLE ROAD - SUITE 301, PURCHASE NY 10577
William C Fallon officer: Member, Exec. Policy Committee C/O MBIA, 113 KING STREET, ARMONK NY 10504
Charles R Rinehart director DOWNEY FINANCIAL CORP., 3501 JAMBOREE ROAD, NEWPORT BEACH CA 92660
Theodore Shasta director C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Fine Capital Partners, L.p. 10 percent owner 3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Daniel M. Avitabile officer: Assistant Vice President C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Adam T. Bergonzi officer: Assistant Vice President C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Christopher H. Young officer: Assistant Vice President C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Jonathan C. Harris officer: General Counsel and Secretary C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph R. Schachinger officer: Controller 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph W Brown director, officer: Chairman and CEO C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Debra Fine 10 percent owner 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022