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OppFi (OPFI) Debt-to-EBITDA : 4.39 (As of Dec. 2023)


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What is OppFi Debt-to-EBITDA?

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

OppFi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. OppFi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $349.2 Mil. OppFi's annualized EBITDA for the quarter that ended in Dec. 2023 was $79.5 Mil. OppFi's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.39.

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

OPFI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.53   Med: 2.91   Max: 7.02
Current: 3.45

During the past 5 years, the highest Debt-to-EBITDA Ratio of OppFi was 7.02. The lowest was 1.53. And the median was 2.91.

OPFI's Debt-to-EBITDA is ranked better than
71.26% of 261 companies
in the Credit Services industry
Industry Median: 7.85 vs OPFI: 3.45

OppFi Debt-to-EBITDA Historical Data

The historical data trend for OppFi'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.

OppFi Debt-to-EBITDA Chart

OppFi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 1.53 2.38 7.02 3.45

OppFi Quarterly Data
Dec19 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 10.50 4.81 2.65 2.94 4.39

Competitive Comparison of OppFi's Debt-to-EBITDA

For the Credit Services subindustry, OppFi'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.


OppFi's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, OppFi's Debt-to-EBITDA distribution charts can be found below:

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



OppFi Debt-to-EBITDA Calculation

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

OppFi'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 + 349.177) / 101.295
=3.45

OppFi'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 + 349.177) / 79.512
=4.39

* 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.


OppFi  (NYSE:OPFI) 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.


OppFi Debt-to-EBITDA Related Terms

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


OppFi (OPFI) Business Description

Traded in Other Exchanges
N/A
Address
130 East Randolph Street, Suite 3400, Chicago, IL, USA, 60601
OppFi Inc is a financial technology platform that powers banks to help the everyday consumer gain access to credit with digital specialty finance products.
Executives
Christopher J. Mckay officer: Chief Risk & Analytics Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Pamela D. Johnson officer: Chief Accounting Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Jocelyn Moore director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Todd G. Schwartz director, 10 percent owner 105 S. MAPLE STREET, ITASCA IL 60143
Theodore G Schwartz director, 10 percent owner C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
David Vennettilli director 105 S. MAPLE STREET, ITASCA IL 60143
Blackstone Aqua Master Sub-fund, A Sub-fund Of Blackstone Global Master Fund Icav 10 percent owner 345 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Alternative Solutions L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE., NEW YORK NY 10154
Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Blackstone Group Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Christina M Favilla director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Neville Crawley officer: President 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601

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