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BlackSky Technology (BlackSky Technology) Debt-to-EBITDA : 2.14 (As of Dec. 2023)


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What is BlackSky Technology Debt-to-EBITDA?

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

BlackSky Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.62 Mil. BlackSky Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $86.54 Mil. BlackSky Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was $40.80 Mil. BlackSky Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.14.

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

BKSY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.11   Med: -1.4   Max: 173.29
Current: 173.29

During the past 4 years, the highest Debt-to-EBITDA Ratio of BlackSky Technology was 173.29. The lowest was -3.11. And the median was -1.40.

BKSY's Debt-to-EBITDA is ranked worse than
99.77% of 1737 companies
in the Hardware industry
Industry Median: 1.79 vs BKSY: 173.29

BlackSky Technology Debt-to-EBITDA Historical Data

The historical data trend for BlackSky Technology'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.

BlackSky Technology Debt-to-EBITDA Chart

BlackSky Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-3.11 -0.32 -2.49 173.29

BlackSky Technology Quarterly Data
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 -6.32 -3.78 -1.07 1.40 2.14

Competitive Comparison of BlackSky Technology's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, BlackSky Technology'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.


BlackSky Technology's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



BlackSky Technology Debt-to-EBITDA Calculation

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

BlackSky Technology'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
=(0.621 + 86.543) / 0.503
=173.29

BlackSky Technology'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
=(0.621 + 86.543) / 40.796
=2.14

* 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.


BlackSky Technology  (NYSE:BKSY) 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.


BlackSky Technology Debt-to-EBITDA Related Terms

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


BlackSky Technology (BlackSky Technology) Business Description

Traded in Other Exchanges
N/A
Address
13241 Woodland Park Road, Suite 300, Herndon, VA, USA, 20171
BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industry's low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and from other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.
Executives
Tracy Ward officer: Principal Accounting Officer 3901 STONECROFT BOULEVARD, C/O INTERSECTIONS INC., CHANTILLY VA 20151
Brian E O'toole director, officer: CEO and President 2325 DULLES CORNER BLVD., HERNDON VA 20171
Henry Edward Dubois officer: Chief Development Officer C/O 13241 WOODLAND PARK ROAD, STE 300, HERNDON VA 20171
Christiana L Lin officer: General Counsel & Corp Sec 11465 SUNSET HILLS ROAD, SUITE 200, RESTON VA 20190
Johan G Broekhuysen officer: Chief Financial Officer LUMOS NETWORKS CORP., ONE LUMOS PLAZA, WAYNESBORO VA 22980
Susan M. Gordon director C/O CACI INTERNATIONAL, 1100 N. GLEBE ROAD, 3RD FLOOR, ARLINGTON VA 22201
Mithril Lp 10 percent owner ONE LETTERMAN DRIVE, BUILDING C SUITE 400, SAN FRANCISCO CA 94129
Peter Thiel 10 percent owner 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
S.a. Thales 10 percent owner TOUR CARPE DIEM, 31 PLACE, DES COROLLES, ESPLANADE NORD 92400, COURBEVOIE I0 92400
Thales Alenia Space Us Investment Llc 10 percent owner 1209 ORANGE STREET, WILMINGTON DE 19801
Thales Alenia Space S.a.s. 10 percent owner 100 BD DU MIDI - 06150, CANNES LA BOCA I0 06150
Seahawk Spv Investment Llc 10 percent owner 2733 SOUTH CRYSTAL DRIVE, SUITE 1200, ARLINGTON TX 22202
Brian G. Daum officer: Chief Financial Officer C/O BLACKSKY TECHNOLOGY INC, 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20271
Mithril Gp Lp 10 percent owner C/O MITHRIL CAPITAL MANAGEMENT LLC, 600 CONGRESS AVENUE, SUITE 3100, AUSTIN TX 78701
Timothy M. Harvey director 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20171