Looking Glass Labs (AQSE:NFTX) Debt-to-EBITDA : 0.15 (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Looking Glass Labs Debt-to-EBITDA?

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

Looking Glass Labs's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £0.18 Mil. Looking Glass Labs's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was £0.00 Mil. Looking Glass Labs's annualized EBITDA for the quarter that ended in Jan. 2024 was £1.23 Mil. Looking Glass Labs's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 0.14.

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 Looking Glass Labs's Debt-to-EBITDA or its related term are showing as below:

AQSE:NFTX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.98 Med: -0.92 Max: -0.04
Current: -0.1

During the past 4 years, the highest Debt-to-EBITDA Ratio of Looking Glass Labs was -0.04. The lowest was -1.98. And the median was -0.92.

AQSE:NFTX's Debt-to-EBITDA is ranked worse than
100% of 1628 companies
in the Software industry
Industry Median: 1.06 vs AQSE:NFTX: -0.10

Looking Glass Labs Debt-to-EBITDA Historical Data

The historical data trend for Looking Glass Labs'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.

Looking Glass Labs Debt-to-EBITDA Chart

Looking Glass Labs Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Debt-to-EBITDA

-1.69

-1.97

-0.04

-0.14

Looking Glass Labs Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-EBITDA	Get a 7-Day Free Trial											-0.07	-0.15	-0.32	1.01	0.15

Competitive Comparison of Looking Glass Labs's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Looking Glass Labs'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.

Looking Glass Labs's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Looking Glass Labs's Debt-to-EBITDA distribution charts can be found below:

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

Looking Glass Labs Debt-to-EBITDA Calculation

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

Looking Glass Labs's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.91	+	0.04)	/	-6.971
	=	-0.14

Looking Glass Labs's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.178	+	0)	/	1.228
	=	0.14

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 (Jan. 2024) EBITDA data.

Looking Glass Labs (AQSE:NFTX) 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.

Looking Glass Labs Debt-to-EBITDA Related Terms

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

Looking Glass Labs (AQSE:NFTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Looking Glass Labs Ltd (AQSE:NFTX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

H1N0:Germany NFTX:Canada

Address

1890-1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9

Website

https://www.lgl.io

Looking Glass Labs Ltd is a digital agency for the Metaverse. It partners with and supports NFT collections to earn revenues from drops and royalties from secondary market re-sales. It provides services which include NFT Marketing, Partnerships & Collaborations, Development & Minting Services, Community Growth & Moderation, Brand Design & Management, Smart Contracts, Legal Services, and Metaverse Integration. The company operates within two geographic areas, Canada and Vietnam and has one operating segment which is the design, development, and sale of exclusive Non-Fungible Tokens (NFTs). It earns majority of its revenue from its operations in Canada.

Looking Glass Labs (AQSE:NFTX) Headlines

No Headlines