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PLAYSTUDIOS (PLAYSTUDIOS) Debt-to-EBITDA : 0.24 (As of Dec. 2023)


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What is PLAYSTUDIOS Debt-to-EBITDA?

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

PLAYSTUDIOS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.2 Mil. PLAYSTUDIOS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.7 Mil. PLAYSTUDIOS's annualized EBITDA for the quarter that ended in Dec. 2023 was $41.3 Mil. PLAYSTUDIOS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.24.

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

MYPS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.23   Med: 0.51   Max: 0.79
Current: 0.23

During the past 5 years, the highest Debt-to-EBITDA Ratio of PLAYSTUDIOS was 0.79. The lowest was 0.23. And the median was 0.51.

MYPS's Debt-to-EBITDA is ranked better than
73.45% of 275 companies
in the Interactive Media industry
Industry Median: 0.75 vs MYPS: 0.23

PLAYSTUDIOS Debt-to-EBITDA Historical Data

The historical data trend for PLAYSTUDIOS'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.

PLAYSTUDIOS Debt-to-EBITDA Chart

PLAYSTUDIOS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- - - 0.79 0.23

PLAYSTUDIOS Quarterly Data
Dec19 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 0.51 0.29 0.31 0.30 0.24

Competitive Comparison of PLAYSTUDIOS's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, PLAYSTUDIOS'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.


PLAYSTUDIOS's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PLAYSTUDIOS's Debt-to-EBITDA distribution charts can be found below:

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



PLAYSTUDIOS Debt-to-EBITDA Calculation

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

PLAYSTUDIOS'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
=(4.236 + 5.699) / 43.356
=0.23

PLAYSTUDIOS'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
=(4.236 + 5.699) / 41.328
=0.24

* 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.


PLAYSTUDIOS  (NAS:MYPS) 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.


PLAYSTUDIOS Debt-to-EBITDA Related Terms

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


PLAYSTUDIOS (PLAYSTUDIOS) Business Description

Traded in Other Exchanges
N/A
Address
10150 Covington Cross Drive, Las Vegas, NV, USA, 89144
PLAYSTUDIOS Inc is engaged in gaming and related business. The Company develops and operates online and mobile social gaming applications (games or game), many of which incorporate a loyalty program offering real world rewards provided by a collection of awards partners. The Company's games are free-to-play and available via the Apple App Store, Google Play Store, Amazon Appstore, and Facebook (collectively, platforms or platform operators). The Company creates games based on its own original content as well as third-party licensed brands. The Company generates revenue through the in-game sale of virtual currency and through advertising. The company has one operating segment with one business activity, developing and monetizing social games.
Executives
Joel Agena officer: Vice President, Legal Counsel C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Scott Edward Peterson officer: Chief Financial Officer C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Andrew S Pascal director, 10 percent owner, officer: Chairman and CEO C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Jason Krikorian director C/O AUGMEDIX, INC., 1161 MISSION STREET, SUITE LL, SAN FRANCISCO CA 94103
Judy K Mencher director C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Steven J Zanella director 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
James Murren director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Hyman Joseph Horowitz director C/O PLAYSTUDIOS, INC., 10150 COVINGTON CROSS DRIVE, LAS VEGAS NV 89144
Activision Publishing, Inc. 10 percent owner 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Entertainment Holdings, Inc. 10 percent owner 3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 90405
Activision Blizzard, Inc. 10 percent owner 2701 OLYMPIC BOULEVARD, BUILDING B, SANTA MONICA CA 90404
Resorts International Mgm 10 percent owner 3600 LAS VEGAS BLVD S., LAS VEGAS NV 89109
William Hornbuckle director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Andrew E Zobler director LAZARD FRERES REAL ESTATE INVESTORS LLC, 30 ROCKEFELLER PLZA 50TH FL, NEW YORK NY 10020
Acies Acquisition Llc 10 percent owner 1219 MORNINGSIDE DRIVE SUITE 110, MANHATTAN BEACH CA 90266