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Innovid (Innovid) Debt-to-EBITDA : 3.33 (As of Dec. 2023)


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What is Innovid Debt-to-EBITDA?

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

Innovid's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.2 Mil. Innovid's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.6 Mil. Innovid's annualized EBITDA for the quarter that ended in Dec. 2023 was $6.6 Mil. Innovid's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.33.

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

CTV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4   Med: -1.01   Max: 5.87
Current: -4

During the past 5 years, the highest Debt-to-EBITDA Ratio of Innovid was 5.87. The lowest was -4.00. And the median was -1.01.

CTV's Debt-to-EBITDA is ranked worse than
100% of 681 companies
in the Media - Diversified industry
Industry Median: 1.68 vs CTV: -4.00

Innovid Debt-to-EBITDA Historical Data

The historical data trend for Innovid'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.

Innovid Debt-to-EBITDA Chart

Innovid Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.07 5.87 -1.43 -1.01 -4.00

Innovid Quarterly Data
Dec19 Jun20 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 -2.87 -0.94 -4.35 14.12 3.33

Competitive Comparison of Innovid's Debt-to-EBITDA

For the Advertising Agencies subindustry, Innovid'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.


Innovid's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Innovid's Debt-to-EBITDA distribution charts can be found below:

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



Innovid Debt-to-EBITDA Calculation

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

Innovid'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
=(1.2 + 20.634) / -5.458
=-4.00

Innovid'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
=(1.2 + 20.634) / 6.556
=3.33

* 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.


Innovid  (NYSE:CTV) 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.


Innovid Debt-to-EBITDA Related Terms

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


Innovid (Innovid) Business Description

Traded in Other Exchanges
N/A
Address
30 Irving Place, 12th Floor, New York, NY, USA, 10003
Innovid Corp is a software platform that provides ad serving, measurement and creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies. It is engaged in ad serving, measurement and creative services.
Executives
Anthony Callini officer: Chief Financial Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
David Helmreich officer: Chief Commercial Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Zvika Netter director, officer: Chief Executive Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Gilad Shany director 89 MEDINAT HAYEHUDIM, HERZLIYA L3 4676672
Rachel Lam director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Genevieve Juillard director C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Genesis Partners Iii Lp 10 percent owner POB 12866, HERTZLYIA PITUACH L3 46733
Eddy Shalev 10 percent owner C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Eyal Kishon 10 percent owner C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Kenneth Markus officer: Chief Operating Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tanya Andreev-kaspin officer: Chief Financial Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tal Chalozin officer: Chief Technology Officer C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Brian F. Hughes director 124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Jonathan Saacks director C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Haim Sadger 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025