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Redfin (Redfin) Debt-to-EBITDA : -60.69 (As of Dec. 2023)


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What is Redfin Debt-to-EBITDA?

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

Redfin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $168 Mil. Redfin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $842 Mil. Redfin's annualized EBITDA for the quarter that ended in Dec. 2023 was $-17 Mil. Redfin's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -60.69.

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

RDFN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -35.88   Med: -3.97   Max: 40.89
Current: -17.87

During the past 10 years, the highest Debt-to-EBITDA Ratio of Redfin was 40.89. The lowest was -35.88. And the median was -3.97.

RDFN's Debt-to-EBITDA is ranked worse than
100% of 1261 companies
in the Real Estate industry
Industry Median: 5.66 vs RDFN: -17.87

Redfin Debt-to-EBITDA Historical Data

The historical data trend for Redfin'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.

Redfin Debt-to-EBITDA Chart

Redfin 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 -3.46 40.89 -35.88 -7.66 -19.04

Redfin 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 -43.88 -7.18 -35.17 -86.46 -60.69

Competitive Comparison of Redfin's Debt-to-EBITDA

For the Real Estate Services subindustry, Redfin'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.


Redfin's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Redfin's Debt-to-EBITDA distribution charts can be found below:

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



Redfin Debt-to-EBITDA Calculation

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

Redfin'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
=(167.573 + 842.237) / -53.038
=-19.04

Redfin'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
=(167.573 + 842.237) / -16.64
=-60.69

* 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.


Redfin  (NAS:RDFN) 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.


Redfin Debt-to-EBITDA Related Terms

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


Redfin (Redfin) Business Description

Traded in Other Exchanges
Address
1099 Stewart Street, Suite 600, Seattle, WA, USA, 98101
Redfin Corp is a residential real estate broker. It pairs their own agents with the technology to create a service that is faster and costs less. The company meet customers through listings-search website and mobile application. The company uses same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has four reportable segment which are real estate services, properties, rentals, and mortgage. The company generates majority of the revenue from Real estate services.
Executives
Christopher John Nielsen officer: Chief Financial Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Bridget Frey officer: Chief Technology Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Anna Stevens officer: Chief Human Resources Officer 3400 CUMBERLAND BOULEVARD, ATLANTA GA 30339
Anthony Ray Kappus officer: Chief Legal Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Christian John Taubman officer: Chief Product Officer C/O REDFIN CORPORATION, 1099 STEWART STREET SUITE 600, SEATTLE WA 98101
James Slavet director C/O DFJ VENTURE CAPITAL, 2882 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Glenn Kelman director, officer: See Remarks 500 SANSOME STREET, SAN FRANCISCO CA 94111
David H Lissy director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Bradley E Singer director ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Mylod Robert J Jr director
Scott Nagel officer: See Remarks C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Adam Wiener officer: Chief Growth Officer C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Selina Tobaccowala director C/O REDFIN CORPORATION, 1099 STEWART STREET, SUITE 600, SEATTLE WA 98101
Kerry D Chandler director 1020 HULL STREET, BALTIMORE MD 21230
Robert J Bass director C/O GROUPON, INC., 600 WEST CHICAGO AVENUE, SUITE 620, CHICAGO IL 60654