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SRM Entertainment (SRM Entertainment) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is SRM Entertainment Debt-to-EBITDA?

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

SRM Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. SRM Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. SRM Entertainment's annualized EBITDA for the quarter that ended in Dec. 2023 was $-3.02 Mil. SRM Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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

SRM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.06   Med: 4.13   Max: 4.13
Current: -0.06

During the past 2 years, the highest Debt-to-EBITDA Ratio of SRM Entertainment was 4.13. The lowest was -0.06. And the median was 4.13.

SRM's Debt-to-EBITDA is ranked worse than
100% of 625 companies
in the Travel & Leisure industry
Industry Median: 2.78 vs SRM: -0.06

SRM Entertainment Debt-to-EBITDA Historical Data

The historical data trend for SRM Entertainment'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.

SRM Entertainment Debt-to-EBITDA Chart

SRM Entertainment Annual Data
Trend Dec22 Dec23
Debt-to-EBITDA
4.13 -

SRM Entertainment Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial -2.14 -16.20 -1.85 - -

Competitive Comparison of SRM Entertainment's Debt-to-EBITDA

For the Leisure subindustry, SRM Entertainment'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.


SRM Entertainment's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

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

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



SRM Entertainment Debt-to-EBITDA Calculation

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

SRM Entertainment'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
=(0 + 0) / -1.991
=0.00

SRM Entertainment'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
=(0 + 0) / -3.016
=0.00

* 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.


SRM Entertainment  (NAS:SRM) 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.


SRM Entertainment Debt-to-EBITDA Related Terms

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


SRM Entertainment (SRM Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1061 E Indiantown Road, Suite 110, Jupiter, FL, USA, 33477
SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's worldwide customer bases venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.
Executives
Hans Haywood director 1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Brian John director, officer: Secretary 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Gary L Herman director 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Douglas O Mckinnon officer: Chief Financial Officer 2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Christopher Melton director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Richard A Miller director, officer: Chief Executive Officer 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Jupiter Wellness, Inc. 10 percent owner 1061 E. INDIANTOWN RD., STE. 110, JUPITER FL 33477
Taft Bryan Flittner officer: President 1129 WILKINSON STREET, ORLANDO FL 32803
Deborah Lynn Mcdaniel-hand officer: VP of Production Development 1425 WAKULLA WAY, ORLANDO FL 32839