Luokung Technology (Luokung Technology) Debt-to-EBITDA : -0.05 (As of Jun. 2023)

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What is Luokung Technology Debt-to-EBITDA?

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

Luokung Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.57 Mil. Luokung Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.43 Mil. Luokung Technology's annualized EBITDA for the quarter that ended in Jun. 2023 was $-42.46 Mil. Luokung Technology's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.05.

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

LKCO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.69 Med: -1.34 Max: -0.05
Current: -0.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Luokung Technology was -0.05. The lowest was -1.69. And the median was -1.34.

LKCO's Debt-to-EBITDA is ranked worse than
100% of 1613 companies
in the Software industry
Industry Median: 1.06 vs LKCO: -0.05

Luokung Technology Debt-to-EBITDA Historical Data

The historical data trend for Luokung Technology'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.

Luokung Technology Debt-to-EBITDA Chart

Luokung Technology Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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-0.69

-1.37

-1.34

-1.17

-1.69

Luokung Technology Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.03	-0.93	-0.06	-1.17	-0.05

Competitive Comparison of Luokung Technology's Debt-to-EBITDA

For the Software - Application subindustry, Luokung Technology'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.

Luokung Technology's Debt-to-EBITDA Distribution in the Software Industry

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

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

Luokung Technology Debt-to-EBITDA Calculation

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

Luokung Technology's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(53.106	+	1.149)	/	-32.04
	=	-1.69

Luokung Technology'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
	=	(1.573	+	0.431)	/	-42.462
	=	-0.05

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.

Luokung Technology (NAS:LKCO) 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.

Luokung Technology Debt-to-EBITDA Related Terms

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

Luokung Technology (Luokung Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Luokung Technology Corp (NAS:LKCO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Guanghua Road, Miss. Qinyu Zhao B9-8, Block B, SOHO Phase II, Chaoyang District, Beijing, CHN, 100020

Website

https://www.luokung.com

Luokung Technology Corp is a mobile service and technology provider for the long-distance travel and railway Wi-Fi market in China. Its mobile application product Luokuang platform is a Location-based Service social content and service distribution platform. It offers personalized and precise services to long-distance travelers in two locations: on the train and at the destination. Its offerings include entertainment services including video and audio, digital reading material, games specific, and social services.