What is Global Tech Industries Group Debt-to-EBITDA?
Debt-to-EBITDA measures a company's ability to pay off its debt.
Global Tech Industries Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.62 Mil. Global Tech Industries Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.79 Mil. Global Tech Industries Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $-71.26 Mil.
Global Tech Industries Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.08.
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 Global Tech Industries Group's Debt-to-EBITDA or its related term are showing as below:
GTII'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.1 Med: -0.52 Max: -0.06
Current: -0.06
During the past 13 years, the highest Debt-to-EBITDA Ratio of Global Tech Industries Group was -0.06. The lowest was -9.10. And the median was -0.52.
Global Tech Industries Group Debt-to-EBITDA Historical Data
The historical data trend for Global Tech Industries Group'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.
Global Tech Industries Group Debt-to-EBITDA Chart
|
Global Tech Industries Group Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-EBITDA |
|
Get a 7-Day Free Trial
|
|
|
-3.34 |
-0.37 |
-0.46 |
-0.44 |
-0.06 |
|
Global Tech Industries Group 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
|
|
|
|
|
|
|
|
|
|
|
|
|
-0.16 |
-0.02 |
-0.21 |
168.84 |
-0.08 |
Competitive Comparison of Global Tech Industries Group's Debt-to-EBITDA
For the Conglomerates subindustry, Global Tech Industries Group'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.
Global Tech Industries Group's Debt-to-EBITDA Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Global Tech Industries Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Global Tech Industries Group's Debt-to-EBITDA falls into.
Global Tech Industries Group Debt-to-EBITDA Calculation
Debt-to-EBITDA measures a company's ability to pay off its debt.
Global Tech Industries Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as
Global Tech Industries Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as
* 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.
Global Tech Industries Group (Global Tech Industries Group) Business Description
Traded in Other Exchanges
N/A
Address
511 Sixth Avenue, Suite 800, New York, NY, USA, 10011
Global Tech Industries Group Inc currently has no operations. It is seeking opportunities to utilize its intellectual properties and relationships with valued business associates.
Executives
| David I Reichman |
director, officer: CEO and President |
511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
| Frank Benintendo |
director |
11 SEAMAN COURT, OLD BRIDGE NJ 08857 |
| Don Harold Gilbert |
director |
PO BOX 090122, STATEN ISLAND NY 10309 |
| Kathy M Griffin |
director, officer: President |
98 BLACK ROCK DRIVE, HINGHAM MA 02043 |
| Global Tech Industries Group, Inc. |
director, 10 percent owner, officer: Chief Executive Officer |
511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011 |
| Tree Top Industries, Inc. Profit Sharing Plan Trust |
other: Employee Trust |
40 CENTRAL PARK SOUTH, 8H, NEW YORK NY 10019 |
| Robert Hantman |
director |
511 SIXTH AVENUE, SUITE 800, NEW YORK NY 10011 |
| Michael Valle |
director |
511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
| L G Davis |
10 percent owner |
511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
| Justine Reichman |
10 percent owner |
511 AVENUE OF THE AMERICAS, SUITE 800, NEW YORK NY 10011 |
| Trisha Woods |
10 percent owner, officer: President of Wholly-Owned Sub. |
1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046 |
| James Black |
10 percent owner |
1041 N. FORMOSA AVE., WRITERS' BLDG 2 & 3, WEST HOLLYWOOD CA 90046 |
Global Tech Industries Group (Global Tech Industries Group) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
GTII has been successfully added to your