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NetDragon Websoft (NetDragon Websoft) Debt-to-EBITDA : 2.17 (As of Dec. 2023)


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What is NetDragon Websoft Debt-to-EBITDA?

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

NetDragon Websoft's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $155.9 Mil. NetDragon Websoft's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $91.7 Mil. NetDragon Websoft's annualized EBITDA for the quarter that ended in Dec. 2023 was $114.0 Mil. NetDragon Websoft's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.17.

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

NDWTY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.82   Max: 1.51
Current: 1.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of NetDragon Websoft was 1.51. The lowest was 0.35. And the median was 0.82.

NDWTY's Debt-to-EBITDA is ranked worse than
59.71% of 273 companies
in the Interactive Media industry
Industry Median: 0.79 vs NDWTY: 1.34

NetDragon Websoft Debt-to-EBITDA Historical Data

The historical data trend for NetDragon Websoft'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.

NetDragon Websoft Debt-to-EBITDA Chart

NetDragon Websoft 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 0.46 0.93 0.90 1.51 1.34

NetDragon Websoft Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 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 0.88 1.02 1.91 1.37 2.17

Competitive Comparison of NetDragon Websoft's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.


NetDragon Websoft's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetDragon Websoft's Debt-to-EBITDA distribution charts can be found below:

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



NetDragon Websoft Debt-to-EBITDA Calculation

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

NetDragon Websoft'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
=(155.878 + 91.734) / 185.429
=1.34

NetDragon Websoft'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
=(155.878 + 91.734) / 114.002
=2.17

* 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.


NetDragon Websoft  (OTCPK:NDWTY) 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.


NetDragon Websoft Debt-to-EBITDA Related Terms

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


NetDragon Websoft (NetDragon Websoft) Business Description

Traded in Other Exchanges
Address
58 Wenquan Branch Road, 851 Building, Fuzhou, CHN
NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.