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Ebang International Holdings (Ebang International Holdings) Debt-to-EBITDA : -0.13 (As of Dec. 2023)


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What is Ebang International Holdings Debt-to-EBITDA?

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

Ebang International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.79 Mil. Ebang International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.88 Mil. Ebang International Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-52.87 Mil. Ebang International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.13.

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 Ebang International Holdings's Debt-to-EBITDA or its related term are showing as below:

EBON' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.33   Med: -0.2   Max: 0.4
Current: -0.17

During the past 6 years, the highest Debt-to-EBITDA Ratio of Ebang International Holdings was 0.40. The lowest was -5.33. And the median was -0.20.

EBON's Debt-to-EBITDA is ranked worse than
100% of 1727 companies
in the Hardware industry
Industry Median: 1.81 vs EBON: -0.17

Ebang International Holdings Debt-to-EBITDA Historical Data

The historical data trend for Ebang International Holdings'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.

Ebang International Holdings Debt-to-EBITDA Chart

Ebang International Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.80 -0.18 0.40 -0.21 -0.19

Ebang International Holdings Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.26 -0.13 -0.10 -0.23 -0.13

Competitive Comparison of Ebang International Holdings's Debt-to-EBITDA

For the Computer Hardware subindustry, Ebang International Holdings'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.


Ebang International Holdings's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ebang International Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Ebang International Holdings Debt-to-EBITDA Calculation

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

Ebang International Holdings'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
=(1.793 + 4.883) / -35.545
=-0.19

Ebang International Holdings'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
=(1.793 + 4.883) / -52.866
=-0.13

* 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 (Dec. 2023) EBITDA data.


Ebang International Holdings  (NAS:EBON) 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.


Ebang International Holdings Debt-to-EBITDA Related Terms

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


Ebang International Holdings (Ebang International Holdings) Business Description

Traded in Other Exchanges
Address
No. 20-02B, 12 Marina View, Asia Square Tower 2, Singapore, SGP, 018961
Ebang International Holdings Inc is an application-specific integrated circuit, or ASIC, chip design company and a manufacturer of high-performance Bitcoin mining machines. The company's Ebit E10 model, is a commercial mining machine that uses 10 nm ASIC chips among other mining machine producers. It operates in a single segment selling Bitcoin mining machines and related accessories, telecommunications products and provision of management and maintenance services.

Ebang International Holdings (Ebang International Holdings) Headlines

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