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Rivalry (Rivalry) Debt-to-EBITDA : -0.02 (As of Sep. 2023)


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What is Rivalry Debt-to-EBITDA?

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

Rivalry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.14 Mil. Rivalry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.15 Mil. Rivalry's annualized EBITDA for the quarter that ended in Sep. 2023 was $-16.50 Mil. Rivalry's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.02.

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

RVLCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05   Med: -0.02   Max: -0.01
Current: -0.01

During the past 3 years, the highest Debt-to-EBITDA Ratio of Rivalry was -0.01. The lowest was -0.05. And the median was -0.02.

RVLCF's Debt-to-EBITDA is ranked worse than
100% of 619 companies
in the Travel & Leisure industry
Industry Median: 2.87 vs RVLCF: -0.01

Rivalry Debt-to-EBITDA Historical Data

The historical data trend for Rivalry'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.

Rivalry Debt-to-EBITDA Chart

Rivalry Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
-0.05 -0.01 -0.02

Rivalry Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.04 -0.02 -0.02

Competitive Comparison of Rivalry's Debt-to-EBITDA

For the Gambling subindustry, Rivalry'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.


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

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

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



Rivalry Debt-to-EBITDA Calculation

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

Rivalry'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
=(0.117 + 0.24) / -22.746
=-0.02

Rivalry's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.143 + 0.145) / -16.5
=-0.02

* 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 (Sep. 2023) EBITDA data.


Rivalry  (OTCPK:RVLCF) 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.


Rivalry Debt-to-EBITDA Related Terms

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


Rivalry (Rivalry) Business Description

Traded in Other Exchanges
Address
116 Spadina Avenue, Suite 701, Toronto, ON, CAN, M5V 2K6
Rivalry Corp is a Canada based company. The company operates in the Sportsbook segment and Gaming segment. Sportsbook generates revenues from esports and traditional sports betting. Gaming segment revenues are earned from originally developed and third-party casino products such as Rushlane and Aviator.

Rivalry (Rivalry) Headlines