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Opendoor Technologies (FRA:25M) Debt-to-EBITDA : -17.12 (As of Dec. 2023)


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What is Opendoor Technologies Debt-to-EBITDA?

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

Opendoor Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5 Mil. Opendoor Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2,319 Mil. Opendoor Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was €-136 Mil. Opendoor Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -17.12.

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

FRA:25M' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.35   Med: -6.16   Max: 281.56
Current: 281.56

During the past 6 years, the highest Debt-to-EBITDA Ratio of Opendoor Technologies was 281.56. The lowest was -15.35. And the median was -6.16.

FRA:25M's Debt-to-EBITDA is ranked worse than
99.29% of 1267 companies
in the Real Estate industry
Industry Median: 5.55 vs FRA:25M: 281.56

Opendoor Technologies Debt-to-EBITDA Historical Data

The historical data trend for Opendoor Technologies'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.

Opendoor Technologies Debt-to-EBITDA Chart

Opendoor Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -7.89 -4.51 -15.35 -6.16 281.56

Opendoor Technologies Quarterly Data
Dec18 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 -5.17 -332.92 8.00 -15.20 -17.12

Competitive Comparison of Opendoor Technologies's Debt-to-EBITDA

For the Real Estate Services subindustry, Opendoor Technologies'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.


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

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

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



Opendoor Technologies Debt-to-EBITDA Calculation

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

Opendoor Technologies'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
=(4.585 + 2319.093) / 8.253
=281.56

Opendoor Technologies'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
=(4.585 + 2319.093) / -135.716
=-17.12

* 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.


Opendoor Technologies  (FRA:25M) 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.


Opendoor Technologies Debt-to-EBITDA Related Terms

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


Opendoor Technologies (FRA:25M) Business Description

Traded in Other Exchanges
Address
410 N. Scottsdale Road, Suite 1600, Tempe, AZ, USA, 85281
Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.

Opendoor Technologies (FRA:25M) Headlines

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