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AppLovin (AppLovin) Debt-to-EBITDA : 2.15 (As of Dec. 2023)


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What is AppLovin Debt-to-EBITDA?

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

AppLovin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $229 Mil. AppLovin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,949 Mil. AppLovin's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,478 Mil. AppLovin's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.15.

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

APP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.77   Med: 5.74   Max: 8.6
Current: 2.77

During the past 5 years, the highest Debt-to-EBITDA Ratio of AppLovin was 8.60. The lowest was 2.77. And the median was 5.74.

APP's Debt-to-EBITDA is ranked worse than
72.46% of 1594 companies
in the Software industry
Industry Median: 1.05 vs APP: 2.77

AppLovin Debt-to-EBITDA Historical Data

The historical data trend for AppLovin'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.

AppLovin Debt-to-EBITDA Chart

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
4.08 8.60 5.74 6.39 2.77

AppLovin Quarterly Data
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 9.10 4.11 3.06 2.57 2.15

Competitive Comparison of AppLovin's Debt-to-EBITDA

For the Software - Application subindustry, AppLovin'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.


AppLovin's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, AppLovin's Debt-to-EBITDA distribution charts can be found below:

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



AppLovin Debt-to-EBITDA Calculation

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

AppLovin'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
=(228.605 + 2948.811) / 1145.243
=2.77

AppLovin'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
=(228.605 + 2948.811) / 1478.364
=2.15

* 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.


AppLovin  (NAS:APP) 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.


AppLovin Debt-to-EBITDA Related Terms

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


AppLovin (AppLovin) Business Description

Traded in Other Exchanges
Address
1100 Page Mill Road, Palo Alto, CA, USA, 94304
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide advanced tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their application.
Executives
Vasily Shikin officer: Chief Technology Officer 1100 PAGE MILL ROAD, PALO ALTO CA 94304
Eduardo Vivas director 1100 PAGE MILL ROAD, PALO ALTO CA 94304
Victoria Valenzuela officer: CLO & Corp. Secretary 1100 PAGE MILL RD, PALO ALTO CA 94304-1047
Arash Adam Foroughi director, 10 percent owner, officer: CEO & Chairperson 1100 PAGE MILL, PALO ALTO CA 94304
Katie Kihorany Jansen officer: Chief Marketing Officer 1100 PAGE MILL RD, PALO ALTO CA 94304-1047
Dawson Alyssa Harvey director 1100 PAGE MILL RD, PALO ALTO CA 94304-1974
Todd R Morgenfeld director C/O PINTEREST, INC., 651 BRANNAN STREET, SAN FRANCISCO CA 94107
Craig Scott Billings director C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kkr Denali Holdings L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Elena Arutunian officer: Chief Accounting Officer 1100 PAGE MILL RD, PALO ALTO CA 94304-1047
Angel Pride Holdings Ltd 10 percent owner ROOM 710, 7/F, WING ON HOUSE, NO. 71 DES VOREX ROAD CENTRAL, HONG KONG F4 0000
Andrew Karam 10 percent owner 1100 PAGE MILL RD, PALO ALTO CA 94304-1047
John Krystynak 10 percent owner 1100 PAGE MILL RD, PALO ALTO CA 94304-1047