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Trump Media & Technology Group (Trump Media & Technology Group) Debt-to-EBITDA : -2.44 (As of Dec. 2023)


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What is Trump Media & Technology Group Debt-to-EBITDA?

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

Trump Media & Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $42.58 Mil. Trump Media & Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.13 Mil. Trump Media & Technology Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $-18.70 Mil. Trump Media & Technology Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -2.44.

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 Trump Media & Technology Group's Debt-to-EBITDA or its related term are showing as below:

DJT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.44   Med: -0.04   Max: 0.09
Current: -2.44

During the past 3 years, the highest Debt-to-EBITDA Ratio of Trump Media & Technology Group was 0.09. The lowest was -2.44. And the median was -0.04.

DJT's Debt-to-EBITDA is ranked worse than
100% of 277 companies
in the Interactive Media industry
Industry Median: 0.79 vs DJT: -2.44

Trump Media & Technology Group Debt-to-EBITDA Historical Data

The historical data trend for Trump Media & Technology Group'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.

Trump Media & Technology Group Debt-to-EBITDA Chart

Trump Media & Technology Group Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.04 0.09 -2.44

Trump Media & Technology Group Semi-Annual Data
Dec21 Dec22 Dec23
Debt-to-EBITDA -0.04 0.09 -2.44

Competitive Comparison of Trump Media & Technology Group's Debt-to-EBITDA

For the Internet Content & Information subindustry, Trump Media & Technology Group'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.


Trump Media & Technology Group's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trump Media & Technology Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Trump Media & Technology Group's Debt-to-EBITDA falls into.



Trump Media & Technology Group Debt-to-EBITDA Calculation

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

Trump Media & Technology Group'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
=(42.576 + 3.133) / -18.699
=-2.44

Trump Media & Technology Group'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
=(42.576 + 3.133) / -18.699
=-2.44

* 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 one times the quarterly (Dec. 2023) EBITDA data.


Trump Media & Technology Group  (NAS:DJT) 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.


Trump Media & Technology Group Debt-to-EBITDA Related Terms

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


Trump Media & Technology Group (Trump Media & Technology Group) Business Description

Comparable Companies
Traded in Other Exchanges
Address
401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232
Website
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Trump Media & Technology Group (Trump Media & Technology Group) Headlines