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Nerdy (NRDY) Debt-to-EBITDA : -0.04 (As of Dec. 2023)


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What is Nerdy Debt-to-EBITDA?

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

Nerdy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.3 Mil. Nerdy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Nerdy's annualized EBITDA for the quarter that ended in Dec. 2023 was $-33.9 Mil. Nerdy's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.04.

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

NRDY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4   Med: -1.14   Max: -0.02
Current: -0.03

During the past 6 years, the highest Debt-to-EBITDA Ratio of Nerdy was -0.02. The lowest was -4.00. And the median was -1.14.

NRDY's Debt-to-EBITDA is ranked worse than
100% of 1594 companies
in the Software industry
Industry Median: 1.055 vs NRDY: -0.03

Nerdy Debt-to-EBITDA Historical Data

The historical data trend for Nerdy'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.

Nerdy Debt-to-EBITDA Chart

Nerdy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -2.26 -4.00 - -0.02 -0.03

Nerdy Quarterly Data
Dec18 Dec19 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 -0.02 - - - -0.04

Competitive Comparison of Nerdy's Debt-to-EBITDA

For the Software - Application subindustry, Nerdy'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.


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

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

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



Nerdy Debt-to-EBITDA Calculation

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

Nerdy'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
=(1.317 + 0) / -50.799
=-0.03

Nerdy'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
=(1.317 + 0) / -33.864
=-0.04

* 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.


Nerdy  (NYSE:NRDY) 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.


Nerdy Debt-to-EBITDA Related Terms

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


Nerdy (NRDY) Business Description

Traded in Other Exchanges
N/A
Address
101 S. Hanley Road, Suite 300, St. Louis, MO, USA, 63105
Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.
Executives
Jason H. Pello officer: Chief Financial Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Christopher C. Swenson officer: Chief Legal Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Charles K. Cohn director, officer: Chief Executive Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Heidi Robinson officer: Chief Product Officer NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Tpg Gp A, Llc director, 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Light Street Mercury Master Fund, L.p. 10 percent owner 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Stuart Udell director 2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Christopher P Marshall director 250 MIDDLEFIELD RD, MENLO PARK CA 94025
Jon Winkelried director, 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Gregory Mrva officer: President C/O CITADEL BROADCASTING CORPORATION, 7201 W. LAKE MEAD BLVD. 400, LAS VEGAS NV 89128
Technology Crossover Management Viii, Ltd. 10 percent owner, other: Member of a 13(d) group C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Technology Crossover Manangement Viii, L.p. 10 percent owner, other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii (a), L.p. other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii, L.p. 10 percent owner, other: Member of a 13(d) group 528 RAMONA STREET, PALO ALTO CA 94301
Catherine Beaudoin director NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105