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Mawson Infrastructure Group (Mawson Infrastructure Group) Debt-to-EBITDA : 1.28 (As of Dec. 2023)


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What is Mawson Infrastructure Group Debt-to-EBITDA?

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

Mawson Infrastructure Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.80 Mil. Mawson Infrastructure Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.07 Mil. Mawson Infrastructure Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $17.12 Mil. Mawson Infrastructure Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.28.

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 Mawson Infrastructure Group's Debt-to-EBITDA or its related term are showing as below:

MIGI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5   Med: -0.96   Max: 1.86
Current: -2.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mawson Infrastructure Group was 1.86. The lowest was -5.00. And the median was -0.96.

MIGI's Debt-to-EBITDA is ranked worse than
100% of 415 companies
in the Capital Markets industry
Industry Median: 1.56 vs MIGI: -2.17

Mawson Infrastructure Group Debt-to-EBITDA Historical Data

The historical data trend for Mawson Infrastructure Group'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.

Mawson Infrastructure Group Debt-to-EBITDA Chart

Mawson Infrastructure Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.29 -5.00 1.86 -2.18

Mawson Infrastructure Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.73 -3.81 -0.99 -0.79 1.28

Competitive Comparison of Mawson Infrastructure Group's Debt-to-EBITDA

For the Capital Markets subindustry, Mawson Infrastructure Group'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.


Mawson Infrastructure Group's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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



Mawson Infrastructure Group Debt-to-EBITDA Calculation

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

Mawson Infrastructure Group'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
=(20.802 + 1.066) / -10.031
=-2.18

Mawson Infrastructure Group'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
=(20.802 + 1.066) / 17.116
=1.28

* 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.


Mawson Infrastructure Group  (NAS:MIGI) 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.


Mawson Infrastructure Group Debt-to-EBITDA Related Terms

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


Mawson Infrastructure Group (Mawson Infrastructure Group) Business Description

Traded in Other Exchanges
N/A
Address
201 Clark Street, Sharon, PA, USA, 16146
Mawson Infrastructure Group Inc is a digital infrastructure provider, with diversified operations across Cryptocurrency Mining and Digital Asset Management. Its mission is to build a bridge between the rapidly emerging digital asset industry and traditional capital markets, with a strong focus on shareholder returns.
Executives
Rahul Mewawalla director 265 TURNER DRIVE, DURANGO CO 80202
Michael Forrest Hughes director 21/6A GREENKNOWE AVE, ELIZABETH BAY C3 2011
Ariel Humberto Sivikofsky officer: Principal Accounting Officer 207-209 DERRIBONG DRIVE, CORDEAUX HEIGHTS C3 2526
Nicholas Jeremy Hughes-jones officer: Chief Commercial Officer LEVEL 5, 97 PACIFIC HIGHWAY, NORTH SYDNEY C3 2060
Hetal Majithia officer: Chief Financial Officer 5/44 BAYSWATER ROAD, RUSHCUTTERS BAY C3 2011
James Edward Manning director, 10 percent owner, officer: Chief Executive Officer 301 EDGECLIFF RD, WOOLLAHRA C3 2025
Martin Gregory John Walton director 65 NEERIM ROAD, CASTLE COVE C3 2069
Jonathan Brian Rubini 10 percent owner 2655 MARSTON DRIVE, ANCHORAGE AK 99517
Noam Danenberg officer: Chief Operating Officer 4 BOROCHOV ST, HOD HASHARON L3 4520404
Or Eisenberg officer: Acting CEO, CFO, Treas & Secy. 2 WISSOTZKY ST, TEL AVIV L3 6250204
Liam Daniel Wilson officer: Chief Operating Officer APARTMENT PHE, 100 JANE ST, WEST VILLAGE NY 10014
Rimon Gold Assets Ltd 10 percent owner RAVEN RAVID & CO., 32A HABARZEL ST., TEL AVIV L3 6971047
Mark M Sieczkarek director, officer: Chairman
Michael Belkin director 4 ALONIM ST., GIVATE, SHMUEL L3 54044
Yaakov Zarachia 10 percent owner 10 TZEMACH TZEDEK ST., LOD L3 7132130