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Ibotta (Ibotta) Debt-to-Equity : -1.76 (As of Dec. 2022)


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What is Ibotta Debt-to-Equity?

Ibotta's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.0 Mil. Ibotta's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $61.1 Mil. Ibotta's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-34.8 Mil. Ibotta's debt to equity for the quarter that ended in Dec. 2022 was -1.75.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ibotta's Debt-to-Equity or its related term are showing as below:

IBTA' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.76   Med: 0.28   Max: 2.31
Current: 2.31

During the past 2 years, the highest Debt-to-Equity Ratio of Ibotta was 2.31. The lowest was -1.76. And the median was 0.28.

IBTA's Debt-to-Equity is ranked worse than
94.85% of 2213 companies
in the Software industry
Industry Median: 0.21 vs IBTA: 2.31

Ibotta Debt-to-Equity Historical Data

The historical data trend for Ibotta's Debt-to-Equity 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.

Ibotta Debt-to-Equity Chart

Ibotta Annual Data
Trend Dec22 Dec23
Debt-to-Equity
-1.76 2.31

Ibotta Quarterly Data
Dec22 Dec23
Debt-to-Equity -1.76 2.31

Competitive Comparison of Ibotta's Debt-to-Equity

For the Software - Application subindustry, Ibotta's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Ibotta's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Ibotta's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ibotta's Debt-to-Equity falls into.


Ibotta Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ibotta's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 64.448) / 27.928
=2.31

Ibotta's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 61.052) / -34.794
=-1.75

* 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.

Ibotta  (NYSE:IBTA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ibotta Debt-to-Equity Related Terms

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

Ibotta (Ibotta) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ibotta Inc (NYSE:IBTA) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
1801 California Street, Suite 400, Denver, CO, USA, 80202
Website
https://www.home.ibotta.com
Ibotta Inc is a performance marketing platform. It allows CPG brands to deliver digital promotions to consumers through a single, convenient network called the Ibotta Performance Network (IPN).