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B90 Holdings (LSE:B90) Debt-to-EBITDA : -1.13 (As of Jun. 2023)


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What is B90 Holdings Debt-to-EBITDA?

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

B90 Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.00 Mil. B90 Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £2.70 Mil. B90 Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was £-2.39 Mil. B90 Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -1.13.

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 B90 Holdings's Debt-to-EBITDA or its related term are showing as below:

LSE:B90' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.46   Med: -0.04   Max: 0.17
Current: -1.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of B90 Holdings was 0.17. The lowest was -1.46. And the median was -0.04.

LSE:B90's Debt-to-EBITDA is ranked worse than
100% of 619 companies
in the Travel & Leisure industry
Industry Median: 2.87 vs LSE:B90: -1.04

B90 Holdings Debt-to-EBITDA Historical Data

The historical data trend for B90 Holdings'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.

B90 Holdings Debt-to-EBITDA Chart

B90 Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 -0.18 -1.02 - -0.24

B90 Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - -0.20 -1.13

Competitive Comparison of B90 Holdings's Debt-to-EBITDA

For the Gambling subindustry, B90 Holdings'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.


B90 Holdings's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, B90 Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where B90 Holdings's Debt-to-EBITDA falls into.



B90 Holdings Debt-to-EBITDA Calculation

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

B90 Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.571) / -2.339
=-0.24

B90 Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2.699) / -2.388
=-1.13

* 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 two times the quarterly (Jun. 2023) EBITDA data.


B90 Holdings  (LSE:B90) 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.


B90 Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of B90 Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


B90 Holdings (LSE:B90) Business Description

Traded in Other Exchanges
N/A
Address
33 -37 Athol Street, Douglas, IMN, IM1 1LB
B90 Holdings PLC is a gambling company. The company is engaged in offering online Sportsbook and Casino operations, casino products as well as marketing activities for other online gaming companies. The company earns maximum revenue from the online sportsbook and casino operations.

B90 Holdings (LSE:B90) Headlines

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