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Brightcove (Brightcove) Debt-to-EBITDA : 3.28 (As of Dec. 2023)


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What is Brightcove Debt-to-EBITDA?

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

Brightcove's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.5 Mil. Brightcove's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.4 Mil. Brightcove's annualized EBITDA for the quarter that ended in Dec. 2023 was $6.7 Mil. Brightcove's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.28.

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

BCOV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.23   Med: -0.02   Max: 15.15
Current: -4.23

During the past 13 years, the highest Debt-to-EBITDA Ratio of Brightcove was 15.15. The lowest was -4.23. And the median was -0.02.

BCOV's Debt-to-EBITDA is ranked worse than
100% of 1594 companies
in the Software industry
Industry Median: 1.05 vs BCOV: -4.23

Brightcove Debt-to-EBITDA Historical Data

The historical data trend for Brightcove'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.

Brightcove Debt-to-EBITDA Chart

Brightcove Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.38 2.66 1.75 15.15 -4.23

Brightcove Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only -1.48 -0.90 -2.62 2.73 3.28

Competitive Comparison of Brightcove's Debt-to-EBITDA

For the Software - Application subindustry, Brightcove'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.


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

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

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



Brightcove Debt-to-EBITDA Calculation

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

Brightcove'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
=(4.486 + 17.358) / -5.159
=-4.23

Brightcove'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
=(4.486 + 17.358) / 6.668
=3.28

* 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.


Brightcove  (NAS:BCOV) 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.


Brightcove Debt-to-EBITDA Related Terms

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


Brightcove (Brightcove) Business Description

Traded in Other Exchanges
Address
281 Summer Street, Boston, MA, USA, 02210
Brightcove Inc is a provider of cloud-based services for the video ecosystem. The firm targets its solutions at media companies, broadcasters, publishers, and corporations. Brightcove Video Cloud is the firm's flagship product, enabling customers to publish and distribute video to Internet-connected devices. Video Cloud generates a significant portion of the firm's revenue through a subscription-based software-as-a-service model. Other products include Zencoder, a cloud-based video encoding service. It generates a large majority of its revenue in North America and Asia.
Executives
Marc Debevoise director, officer: Chief Executive Officer LIMELIGHT NETWORKS, 222 SOUTH MILL AVENUE, #800, TEMPE AZ 85281
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Ritcha Ranjan director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Scott Kurnit director
Diane Hessan director 2 BATTERY WHARF, #2510, BOSTON MA 02109
Thomas E Wheeler director 1250 CONNECTICUT AVE NW, CELLULAR TELECOMMUNICATIONS& INTERNET, WASHINGTON DC 20036
Jeff Ray director, officer: Chief Executive Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Jonathan Brolin 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
David Plotkin officer: General Counsel, SVP BRIGHTCOVE INC., 390 CONGRESS STEET, BOSTON MA 02210
Tsedal Neeley director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Deborah M. Besemer director 257 TURNPIKE ROAD, SUITE 210, SOUTHBOROUGH MA 01772
Robert Noreck officer: Chief Financial Officer C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Chet Kapoor director BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02210
Christopher Stagno officer: PAO, VP, Corporate Controller C/O BRIGHTCOVE INC., 290 CONGRESS STREET, BOSTON MA 02110