GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » SmileDirectClub Inc (OTCPK:SDCCQ) » Definitions » Debt-to-EBITDA

SmileDirectClub (SmileDirectClub) Debt-to-EBITDA : -7.49 (As of Jun. 2023)


View and export this data going back to 2019. Start your Free Trial

What is SmileDirectClub Debt-to-EBITDA?

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

SmileDirectClub's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.0 Mil. SmileDirectClub's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $876.7 Mil. SmileDirectClub's annualized EBITDA for the quarter that ended in Jun. 2023 was $-117.0 Mil. SmileDirectClub's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -7.49.

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

SDCCQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.42   Med: -2.77   Max: -0.42
Current: -5.42

During the past 6 years, the highest Debt-to-EBITDA Ratio of SmileDirectClub was -0.42. The lowest was -5.42. And the median was -2.77.

SDCCQ's Debt-to-EBITDA is ranked worse than
100% of 432 companies
in the Medical Devices & Instruments industry
Industry Median: 1.21 vs SDCCQ: -5.42

SmileDirectClub Debt-to-EBITDA Historical Data

The historical data trend for SmileDirectClub'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.

SmileDirectClub Debt-to-EBITDA Chart

SmileDirectClub Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial -3.03 -0.42 -2.51 -3.16 -4.65

SmileDirectClub Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -4.92 -4.55 -4.68 -5.23 -7.49

Competitive Comparison of SmileDirectClub's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, SmileDirectClub'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.


SmileDirectClub's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SmileDirectClub's Debt-to-EBITDA distribution charts can be found below:

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



SmileDirectClub Debt-to-EBITDA Calculation

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

SmileDirectClub'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
=(0 + 865.461) / -186.139
=-4.65

SmileDirectClub's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 876.677) / -117.036
=-7.49

* 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 (Jun. 2023) EBITDA data.


SmileDirectClub  (OTCPK:SDCCQ) 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.


SmileDirectClub Debt-to-EBITDA Related Terms

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


SmileDirectClub (SmileDirectClub) Business Description

Traded in Other Exchanges
N/A
Address
414 Union Street, Nashville, TN, USA, 37219
SmileDirectClub Inc is engaged in the orthodontics business. It is mainly involved in the sale of aligners, impression kits, whitening gel, and retainers. The company has one operating segment, aligner products.
Executives
Richard F Wallman director HONEYWELL, 101 COLUMBIA ROAD, MORRISTOWN NJ 07962
Susan Greenspon Rammelt director, officer: General Counsel, Sec. and Dir. C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Alexander Dimitrief director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Linda Marie Williams director C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Cd&r Investment Associates X, Ltd. 10 percent owner CLAYTON, DUBILIER & RICE, LLC, 375 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10152
Kay Oswald officer: President of International C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Ward Edward W Iii director SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Steven B. Katzman director, officer: COO and Director C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
David B Katzman director, officer: CEO and Chairman 100 GALLERIA OFFICECENTRE, SUITE 419, SOUTHFIELD MI 48034
Jordan M. Katzman director C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Kyle Wailes officer: Chief Financial Officer C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Troy W. Crawford officer: Chief Accounting Officer C/O GAMESTOP CORP., 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Carol Hamilton director C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
William H. Frist director 600 MONTGOMERY STREET, SAN FRANCISCO CA 94111
Cd&r Sdc Holdings, L.p. 10 percent owner MAPLES CORP SERVICES LTD, P.O. BOX 309, UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104