Alta Global Group (Alta Global Group) Debt-to-EBITDA : -1.08 (As of Jun. 2023)

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What is Alta Global Group Debt-to-EBITDA?

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

Alta Global Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $11.20 Mil. Alta Global Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.27 Mil. Alta Global Group's annualized EBITDA for the quarter that ended in Jun. 2023 was $-10.59 Mil. Alta Global Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -1.08.

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

MMA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.43 Med: -1.26 Max: -1.08
Current: -1.08

During the past 2 years, the highest Debt-to-EBITDA Ratio of Alta Global Group was -1.08. The lowest was -1.43. And the median was -1.26.

MMA's Debt-to-EBITDA is ranked worse than
100% of 625 companies
in the Travel & Leisure industry
Industry Median: 2.78 vs MMA: -1.08

Alta Global Group Debt-to-EBITDA Historical Data

The historical data trend for Alta Global 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.

Alta Global Group Debt-to-EBITDA Chart

Alta Global Group Annual Data

Trend

Jun22

Jun23

Debt-to-EBITDA

-1.43

-1.08

Alta Global Group Semi-Annual Data
	Jun22	Jun23
Debt-to-EBITDA	-1.43	-1.08

Competitive Comparison of Alta Global Group's Debt-to-EBITDA

For the Leisure subindustry, Alta Global 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.

Alta Global Group's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Alta Global Group's Debt-to-EBITDA distribution charts can be found below:

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

Alta Global Group Debt-to-EBITDA Calculation

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

Alta Global Group's Debt-to-EBITDA for the fiscal year 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
	=	(11.201	+	0.266)	/	-10.589
	=	-1.08

Alta Global Group'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
	=	(11.201	+	0.266)	/	-10.589
	=	-1.08

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 one times the quarterly (Jun. 2023) EBITDA data.

Alta Global Group (AMEX:MMA) 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.

Alta Global Group Debt-to-EBITDA Related Terms

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

Alta Global Group (Alta Global Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alta Global Group Ltd (AMEX:MMA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.trainalta.com

Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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