OpenLocker Holdings (OpenLocker Holdings) Debt-to-EBITDA : -0.55 (As of Jan. 2024)

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What is OpenLocker Holdings Debt-to-EBITDA?

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

OpenLocker Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.26 Mil. OpenLocker Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. OpenLocker Holdings's annualized EBITDA for the quarter that ended in Jan. 2024 was $-0.48 Mil. OpenLocker Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was -0.55.

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

OLKR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.04 Med: 56 Max: 56
Current: -0.04

During the past 4 years, the highest Debt-to-EBITDA Ratio of OpenLocker Holdings was 56.00. The lowest was -0.04. And the median was 56.00.

OLKR's Debt-to-EBITDA is ranked worse than
100% of 414 companies
in the Capital Markets industry
Industry Median: 1.47 vs OLKR: -0.04

OpenLocker Holdings Debt-to-EBITDA Historical Data

The historical data trend for OpenLocker Holdings'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.

OpenLocker Holdings Debt-to-EBITDA Chart

OpenLocker Holdings Annual Data

Trend

Dec19

Dec20

Jul22

Jul23

Debt-to-EBITDA

56.00

OpenLocker Holdings Quarterly Data
	Dec19	Dec20	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-EBITDA	Get a 7-Day Free Trial							-	-	-	-0.12	-0.55

Competitive Comparison of OpenLocker Holdings's Debt-to-EBITDA

For the Capital Markets subindustry, OpenLocker Holdings'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.

OpenLocker Holdings's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OpenLocker Holdings's Debt-to-EBITDA distribution charts can be found below:

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

OpenLocker Holdings Debt-to-EBITDA Calculation

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

OpenLocker Holdings's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-7.09
	=	0.00

OpenLocker Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.264	+	0)	/	-0.484
	=	-0.55

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 (Jan. 2024) EBITDA data.

OpenLocker Holdings (OTCPK:OLKR) 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.

OpenLocker Holdings Debt-to-EBITDA Related Terms

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

OpenLocker Holdings (OpenLocker Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OpenLocker Holdings Inc (OTCPK:OLKR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1700 Palm Beach Lakes Boulevard, Suite 820, West Palm Beach, FL, USA, 33401

Website

https://www.openlockerholdings.io

OpenLocker Holdings Inc connects the digital and the physical worlds by offering real-world utility and a physical token of ownership to fans who purchase a digital collectible on its Web3 platform. It offers a FanTech platform for athletes and brands to redefine and unlock value for their fans and audience. It builds and engaged communities and opens doors to Name, Image, and Likeness (NIL) revenue opportunities for student-athletes that previously did not exist. Its portfolio consists of Bone Yard Huskyz Ckub, Gataverse, Open Stable, and Others.

Executives

Abby Eileen Klatsky	10 percent owner	12 WINSOR PLACE, GLEN RIDGE NJ 07028
Brendan John O'brien	10 percent owner	575 JERICHO TURNPIKE, SUITE 307, JERICHO NY 11753
Brian Lance Klatsky	director, officer: President, OpenLocker Inc.	320 BROAD STREET, RED BANK NJ 07701
Lauren Blair Klatsky	officer: COO of OpenLocker Inc.	320 BROAD STREET, RED BANK NJ 07701
Laura E Anthony	director, 10 percent owner, officer: President	LAURA ANTHONY, 120 S. OLIVE AVE, WEST PALM BEACH FL 33401
Howard Gostfrand	director, 10 percent owner, officer: Chief Executive Officer	625 N. FLAGLER DRIVE, SUITE 600, WEST PALM BEACH FL 33401
Meir Wexler	director, officer: Chief Investment Officer	2123 DUNWOODY GLN, DUNWOODY GA 30338
Aleksandr Rubin	director, officer: CEO, PFO, PAO	400 SUNNY ISLES BLVD, APT 1019, NORTH MIAMI FL 33160
Balance Labs, Inc.	10 percent owner	407 LINCOLN ROAD, SUITE 701, MIAMI BEACH FL 33139
Jason Lyons	10 percent owner	612 HOWARD STREET, SAN FRANCISCO CA 94549
Mikael Lundgren	officer: President	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Mid Atlantic Capital Associates Inc.	officer: President	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Wayne A Root	director, 10 percent owner	5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Douglas R Miller	director, officer: President and COO	5092 SOUTH JONES BOULEVARD, LAS VEGAS NV 89118
Roger Lee Harrison	director	8455 BEVERLY BLVD, STE 407, WEST HOLLYWOOD CA 90048