Take-Two Interactive Software (Take-Two Interactive Software) Debt-to-EBITDA : 4.49 (As of Dec. 2023)

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What is Take-Two Interactive Software Debt-to-EBITDA?

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

Take-Two Interactive Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $437 Mil. Take-Two Interactive Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,089 Mil. Take-Two Interactive Software's annualized EBITDA for the quarter that ended in Dec. 2023 was $785 Mil. Take-Two Interactive Software's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.49.

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 Take-Two Interactive Software's Debt-to-EBITDA or its related term are showing as below:

TTWO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.57 Med: 0.34 Max: 8.96
Current: 8.96

During the past 13 years, the highest Debt-to-EBITDA Ratio of Take-Two Interactive Software was 8.96. The lowest was -4.57. And the median was 0.34.

TTWO's Debt-to-EBITDA is ranked worse than
92.75% of 276 companies
in the Interactive Media industry
Industry Median: 0.77 vs TTWO: 8.96

Take-Two Interactive Software Debt-to-EBITDA Historical Data

The historical data trend for Take-Two Interactive Software'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.

Take-Two Interactive Software Debt-to-EBITDA Chart

Take-Two Interactive Software Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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0.25

0.22

0.34

5.99

Take-Two Interactive Software 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															4.00	9.21	5.99	-20.34	4.49

Competitive Comparison of Take-Two Interactive Software's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, Take-Two Interactive Software'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.

Take-Two Interactive Software's Debt-to-EBITDA Distribution in the Interactive Media Industry

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

* The bar in red indicates where Take-Two Interactive Software's Debt-to-EBITDA falls into.

Take-Two Interactive Software Debt-to-EBITDA Calculation

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

Take-Two Interactive Software's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1407	+	2080)	/	582.5
	=	5.99

Take-Two Interactive Software'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
	=	(437.2	+	3088.9)	/	785.2
	=	4.49

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.

Take-Two Interactive Software (NAS:TTWO) 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.

Take-Two Interactive Software Debt-to-EBITDA Related Terms

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

Take-Two Interactive Software (Take-Two Interactive Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Take-Two Interactive Software Inc (NAS:TTWO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

TTWO:Mexico TKE:Germany TKE:Germany T1TW34:Brazil TTWO:Austria

Address

110 West 44th Street, New York, NY, USA, 10036

Website

https://www.take2games.com

Found in 1993, Take-Two consists of three wholly owned labels, Rockstar Games, 2K, and Zynga. The firm is one of the world's largest independent video game publishers on consoles, PCs, smartphones, and tablets. Take-Two's franchise portfolio is headlined by "Grand Theft Auto" (345 million units sold) and contains other well-known titles such as "NBA 2K," "Civilization," "Borderlands," "Bioshock," and "Xcom." Zynga mobile titles include "Farmville," "Empires & Puzzles," and "CSR Racing.".

Executives

Daniel P Emerson	officer: General Counsel	622 BROADWAY, NEW YORK NY 10012
Lainie Goldstein	officer: Chief Financial Officer	C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 622 BROADWAY, NEW YORK NY 10012
Laverne Evans Srinivasan	director	C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 622 BROADWAY, NEW YORK NY 10012
Strauss Zelnick	director, officer: Executive Chairman	C/O ZELNICKMEDIA, 650 FIFTH AVE 31ST FLOOR, NEW YORK NY 10019
Michael Sheresky	director	C/O WILLIAM MORRIS AGENCY, 1 WILLIAM MORRIS PLACE, BEVERLY HILLS CA 90212
Karl Slatoff	officer: Executive Vice President	C/O ZELNICKMEDIA CORPORATION, 19 WEST 44TH STREET, 18TH FLOOR, NEW YORK NY 10036
William B Gordon	director
Ellen F Siminoff	director	555 ELLIS STREET, MOUNTAIN VIEW CA 94043
Roland A Hernandez	director	300 NORTH SAN RAFAEL AVE, PASADENA CA 91105
Paul E Viera	director	C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 110 WEST 44TH STREET, NEW YORK NY 10036
Michael Dornemann	director	4950 COMMUNICATION AVENUE, SUITE 300, BOCA RATON FL 33431
Jon J Moses	director	C/O UGO NETWORKS, INC., 670 BROADWAY, NEW YORK NY 10012
Seth D Krauss	officer: Exec VP and General Counsel	C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 222 BROADWAY, NEW YORK NY 10012
Susan Tolson	director	C/O TAKE-TWO INTERACTIVE SOFTWARE, INC., 622 BROADWAY, NEW YORK NY 10019
Carl C Icahn	10 percent owner	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160