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Bitcoin Depot (Bitcoin Depot) Debt-to-EBITDA : 1.78 (As of Dec. 2023)


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What is Bitcoin Depot Debt-to-EBITDA?

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

Bitcoin Depot's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.1 Mil. Bitcoin Depot's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.3 Mil. Bitcoin Depot's annualized EBITDA for the quarter that ended in Dec. 2023 was $17.6 Mil. Bitcoin Depot's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.78.

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

BTM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.19   Med: 1.74   Max: 2.59
Current: 1.19

During the past 4 years, the highest Debt-to-EBITDA Ratio of Bitcoin Depot was 2.59. The lowest was 1.19. And the median was 1.74.

BTM's Debt-to-EBITDA is ranked better than
54.61% of 412 companies
in the Capital Markets industry
Industry Median: 1.565 vs BTM: 1.19

Bitcoin Depot Debt-to-EBITDA Historical Data

The historical data trend for Bitcoin Depot'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.

Bitcoin Depot Debt-to-EBITDA Chart

Bitcoin Depot Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
1.69 2.59 1.79 1.19

Bitcoin Depot Quarterly Data
Dec20 Jun21 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 1.88 1.28 2.77 1.16 1.78

Competitive Comparison of Bitcoin Depot's Debt-to-EBITDA

For the Capital Markets subindustry, Bitcoin Depot'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.


Bitcoin Depot's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Depot's Debt-to-EBITDA distribution charts can be found below:

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



Bitcoin Depot Debt-to-EBITDA Calculation

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

Bitcoin Depot'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
=(11.065 + 20.268) / 26.233
=1.19

Bitcoin Depot'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
=(11.065 + 20.268) / 17.572
=1.78

* 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.


Bitcoin Depot  (NAS:BTM) 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.


Bitcoin Depot Debt-to-EBITDA Related Terms

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


Bitcoin Depot (Bitcoin Depot) Business Description

Traded in Other Exchanges
N/A
Address
2870 Peachtree Road No. 327, Atlanta, GA, USA, 30305
Bitcoin Depot Inc is the fastest-growing multi-cryptocurrency ATM Network offering users the ability to buy and sell.
Executives
Christopher Scott Buchanan director, officer: CHIEF OPERATING OFFICER 2870 PEACHTREE RD #327, ATLANTA GA 30305
Brandon Taylor Mintz director, officer: See Remarks 2870 PEACHTREE RD #327, ATLANTA GA 30305
David E Shaw 10 percent owner, other: See Footnotes 1, 3, and 4. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p. 10 percent owner, other: See Footnotes 1, 3, and 4. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c. 10 percent owner, other: See Footnotes 1, 3, and 4. 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
Daniel Tramel Stabile director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Jacqueline Marks director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Gardner Daniel C. Jr director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Timothy Vanderham director 2870 PEACHTREE RD. #327, ATLANTA GA 30305
Bt Assets, Inc. 10 percent owner 2870 PEACHTREE RD #327, ATLANTA GA 30305
Mark James Smalley officer: CHIEF COMPLIANCE OFFICER 2870 PEACHTREE RD #327, ATLANTA GA 30305
Gsr Ii Meteora Sponsor Llc 10 percent owner C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432
Glen S Leibowitz officer: CHIEF FINANCIAL OFFICER 366 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10017
Bradley R. Strock director C/O ELEVATE CREDIT, INC., 4150 INTERNATIONAL PLAZA, SUITE 300, FORT WORTH TX 76109
Eve Mongiardo director C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432