DeFi Technologies (DeFi Technologies) Debt-to-EBITDA : -0.91 (As of Mar. 2024)

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What is DeFi Technologies Debt-to-EBITDA?

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

DeFi Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $42.54 Mil. DeFi Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. DeFi Technologies's annualized EBITDA for the quarter that ended in Mar. 2024 was $-46.64 Mil. DeFi Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.91.

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

DEFTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.99 Med: -2.45 Max: -0.92
Current: -2.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of DeFi Technologies was -0.92. The lowest was -3.99. And the median was -2.45.

DEFTF's Debt-to-EBITDA is ranked worse than
100% of 420 companies
in the Capital Markets industry
Industry Median: 1.325 vs DEFTF: -2.51

DeFi Technologies Debt-to-EBITDA Historical Data

The historical data trend for DeFi Technologies'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.

DeFi Technologies Debt-to-EBITDA Chart

DeFi Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.92

-3.99

DeFi Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.98	18.93	-2.41	-6.86	-0.91

Competitive Comparison of DeFi Technologies's Debt-to-EBITDA

For the Capital Markets subindustry, DeFi Technologies'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.

DeFi Technologies's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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

DeFi Technologies Debt-to-EBITDA Calculation

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

DeFi Technologies'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
	=	(41.898	+	0)	/	-10.495
	=	-3.99

DeFi Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(42.544	+	0)	/	-46.644
	=	-0.91

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 (Mar. 2024) EBITDA data.

DeFi Technologies (OTCPK:DEFTF) 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.

DeFi Technologies Debt-to-EBITDA Related Terms

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

DeFi Technologies (DeFi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DeFi Technologies Inc (OTCPK:DEFTF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

R9B:Germany R9B:Germany DEFI:Canada

Address

198 Davenport Road, Toronto, ON, CAN, M5R 1J2

Website

https://www.valour.com

DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.