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Bit Brother (Bit Brother) Debt-to-EBITDA : -0.02 (As of Jun. 2023)


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What is Bit Brother Debt-to-EBITDA?

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

Bit Brother's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.43 Mil. Bit Brother's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.57 Mil. Bit Brother's annualized EBITDA for the quarter that ended in Jun. 2023 was $-62.93 Mil. Bit Brother's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.02.

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

BETSF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.19   Med: -0.02   Max: 32.5
Current: -0.03

During the past 12 years, the highest Debt-to-EBITDA Ratio of Bit Brother was 32.50. The lowest was -30.19. And the median was -0.02.

BETSF's Debt-to-EBITDA is ranked worse than
100% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs BETSF: -0.03

Bit Brother Debt-to-EBITDA Historical Data

The historical data trend for Bit Brother'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.

Bit Brother Debt-to-EBITDA Chart

Bit Brother Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.30 -0.02 -0.01 -0.03

Bit Brother Semi-Annual Data
Oct13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.01 -0.06 -0.01 -0.09 -0.02

Competitive Comparison of Bit Brother's Debt-to-EBITDA

For the Capital Markets subindustry, Bit Brother'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.


Bit Brother's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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



Bit Brother Debt-to-EBITDA Calculation

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

Bit Brother's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.433 + 0.566) / -37.578
=-0.03

Bit Brother's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.433 + 0.566) / -62.932
=-0.02

* 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 two times the quarterly (Jun. 2023) EBITDA data.


Bit Brother  (OTCPK:BETSF) 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.


Bit Brother Debt-to-EBITDA Related Terms

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


Bit Brother (Bit Brother) Business Description

Traded in Other Exchanges
Address
53 Binjiang Road, 15/F, Block A, Kineer Business Centre, Yuelu District, Changsha, Hunan, CHN, 410023
Bit Brother Ltd formerly Urban Tea Inc through its subsidiaries operates in two business segments, Tea shop chains and block chain and digital asset mining. Through Tea shop chains the company is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. Through its Blockchain technology and digital asset mining business, the company is engaged in research and development of a digital currency wallet, the integrated operation and management of supercomputer servers, and financial services, targeting both individual and institutional users. The majority of the revenue for the company is generated from its Tea shop chains.