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IronNet (IronNet) Debt-to-EBITDA : -1.52 (As of Oct. 2023)


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What is IronNet Debt-to-EBITDA?

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

IronNet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $1.50 Mil. IronNet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $28.54 Mil. IronNet's annualized EBITDA for the quarter that ended in Oct. 2023 was $-19.74 Mil. IronNet's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -1.52.

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

IRNTQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.9   Med: -0.15   Max: -0.1
Current: -0.9

During the past 3 years, the highest Debt-to-EBITDA Ratio of IronNet was -0.10. The lowest was -0.90. And the median was -0.15.

IRNTQ's Debt-to-EBITDA is not ranked
in the Software industry.
Industry Median: 1.06 vs IRNTQ: -0.90

IronNet Debt-to-EBITDA Historical Data

The historical data trend for IronNet'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.

IronNet Debt-to-EBITDA Chart

IronNet Annual Data
Trend Jan21 Jan22 Jan23
Debt-to-EBITDA
-0.10 - -0.19

IronNet Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 -0.32 -0.90 -1.34 -1.52

Competitive Comparison of IronNet's Debt-to-EBITDA

For the Software - Infrastructure subindustry, IronNet'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.


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

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

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



IronNet Debt-to-EBITDA Calculation

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

IronNet's Debt-to-EBITDA for the fiscal year that ended in Jan. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.707 + 0) / -107.343
=-0.19

IronNet's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.499 + 28.539) / -19.736
=-1.52

* 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 (Oct. 2023) EBITDA data.


IronNet  (OTCPK:IRNTQ) 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.


IronNet Debt-to-EBITDA Related Terms

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


IronNet (IronNet) Business Description

Traded in Other Exchanges
N/A
Address
7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102
IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.
Executives
Linda Kay Zecher director, officer: Chief Executive Officer C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser officer: Chief Product Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch director, officer: Co-CEO & Director C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers director C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane director C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander director, officer: Co-CEO, President & Chairman P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc 10 percent owner 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar director C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster officer: Chief Revenue Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb officer: Chief Marketing Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402

IronNet (IronNet) Headlines

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Linda Zecher Appointed CEO of IronNet

By Business Wire 07-12-2023