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Singing Machine Co's EBITDA per Share for the three months ended in Dec. 2023 was $-0.76. Its EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.39.
During the past 3 years, the average EBITDA per Share Growth Rate was 30.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per Share growth rate using EBITDA per Share data.
The historical rank and industry rank for Singing Machine Co's EBITDA per Share or its related term are showing as below:
During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Singing Machine Co was 89.00% per year. The lowest was -85.90% per year. And the median was 6.40% per year.
Singing Machine Co's EBITDA for the three months ended in Dec. 2023 was $-3.69 Mil.
During the past 3 years, the average EBITDA Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.
During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Singing Machine Co was 155.70% per year. The lowest was -85.20% per year. And the median was 10.90% per year.
The historical data trend for Singing Machine Co's EBITDA per Share 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.
Singing Machine Co Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
EBITDA per Share | Get a 7-Day Free Trial | 0.99 | -2.33 | 2.56 | 1.18 | -0.78 |
Singing Machine Co Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
EBITDA per Share | Get a 7-Day Free Trial | -0.76 | -0.21 | -0.58 | 0.15 | -0.76 |
EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.
Singing Machine Co's EBITDA per Share for the fiscal year that ended in Mar. 2023 is calculated as
EBITDA per Share | (A: Mar. 2023 ) | ||
= | EBITDA | / | Shares Outstanding (Diluted Average) | = | -2.183 | / | 2.812 |
= | -0.78 |
Singing Machine Co's EBITDA per Share for the quarter that ended in Dec. 2023 is calculated as
EBITDA per Share | (Q: Dec. 2023 ) | ||
= | EBITDA | / | Shares Outstanding (Diluted Average) | = | -3.689 | / | 4.865 |
= | -0.76 |
EBITDA per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.39
* 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.
Singing Machine Co (NAS:MICS) EBITDA per Share Explanation
EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals EBIT. EBIT is profit before interest and taxes. Of course, Interest and taxes need to be paid.
While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.
The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.
EBITDA can be thought of as the cash a business generates that is available to:
Add more inventoryEBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.
A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.
Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.
Be Aware
Although depreciation is not a cash cost, it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.
EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies.
Thank you for viewing the detailed overview of Singing Machine Co's EBITDA per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Jay B Foreman | director | 6301 NW 5TH WAY,, SUITE 2900, FORT LAUDERDALE FL 33309 |
Stingray Group Inc. | 10 percent owner | 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4 |
Ault Milton C Iii | 10 percent owner | 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141 |
Bitnile Holdings, Inc. | 10 percent owner | 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141 |
Henry Carl Nisser | director | 100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017 |
James Michael Turner | director | 1800 HICKORY RIDGE DRIVE, WAXHAW NC 28173 |
Kenneth S Cragun | director | 3775 CHIPPEWA CIRCLE, CORONA CA 92881 |
Mathieu Peloquin | director | 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4 |
Eric Boyko | 10 percent owner | 730 WELLINGTON STREET, MONTREAL A8 H3C 1T4 |
Bernardo Melo | officer: VP Sales | 6601 LYONS ROAD, BUILDING A 7, COCONUT CREEK FL 33073 |
Joseph Kling | director | 5846 NW 24TH AVENUE (UNIT #203), BOCA RATON FL 33496 |
Lau Sak Hong Aka Philip Lau | director | SHING DAO INDUSTRIAL BUILDING SECURITIES, 232 ABERDEEN MAIN ROAD 5TH FLO K3 00000 |
Gary Kevin Atkinson | officer: Secretary | 1266 S MILITARY TRAIL, APT 5314, DEERFIELD BEACH FL 33442 |
Carol Lau | director | THE SINGING MACHINE COMPANY INC, 6601 LYONS ROAD BUILDING A 7, COCONUT CREEK FL 33073 |
Anton Handal | officer: CEO | 425 TYRONE STREET, EL CAJON CA 92020 |
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