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Edgio (EGIO) Debt-to-EBITDA : -2.61 (As of Sep. 2023)


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What is Edgio Debt-to-EBITDA?

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

Edgio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.8 Mil. Edgio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $130.8 Mil. Edgio's annualized EBITDA for the quarter that ended in Sep. 2023 was $-51.2 Mil. Edgio's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -2.61.

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

EGIO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.81   Med: -0.14   Max: 19.58
Current: -1.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Edgio was 19.58. The lowest was -4.81. And the median was -0.14.

EGIO's Debt-to-EBITDA is ranked worse than
100% of 1597 companies
in the Software industry
Industry Median: 1.06 vs EGIO: -1.39

Edgio Debt-to-EBITDA Historical Data

The historical data trend for Edgio'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.

Edgio Debt-to-EBITDA Chart

Edgio Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.21 19.58 -4.81 -1.26

Edgio Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.13 -0.96 -1.42 -1.40 -2.61

Competitive Comparison of Edgio's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Edgio'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.


Edgio's Debt-to-EBITDA Distribution in the Software Industry

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

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



Edgio Debt-to-EBITDA Calculation

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

Edgio'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
=(4.557 + 131.812) / -108.593
=-1.26

Edgio'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
=(2.769 + 130.757) / -51.172
=-2.61

* 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.


Edgio  (NAS:EGIO) 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.


Edgio Debt-to-EBITDA Related Terms

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


Edgio (EGIO) Business Description

Traded in Other Exchanges
Address
11811 North Tatum Boulevard, Suite 3031, Phoenix, AZ, USA, 85028
Edgio Inc is an edge-enabled software solutions provider powering unmatched, secure digital experiences through a seamlessly integrated delivery, applications, and streaming platform. Its geographical segment includes the Americas, EMEA, and Asia Pacific of which it generates the majority of its revenue from the Americas region.
Executives
Eric Chang officer: Chief Accounting Officer AVIAT NETWORKS, 5200 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Stephen Cumming officer: Chief Financial Officer 2325 ORCHARD PARKWAY, SAN JOSE CA 95131
Diegnan Richard P. Jr officer: Chief Legal Officer C/O INTERNAP CORPORATION, ONE RAVINIA DRIVE, SUITE 1300, ATLANTA GA 30346
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019
College Top Holdings, Inc. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
College Parent Holdings Gp, Llc 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
College Parent L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Ap Ix College Holdings, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
E-fei Wang director 1465 NORTH SCOTTSDALE ROAD, STE 500, SCOTTSDALE AZ 85257
Apollo Management Ix, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Reed B Rayman director 6775 LENOX CENTER COURT, SUITE 400, MEMPHIS TN 38115
Dianne Ledingham director ONE ROGERS STREET, CAMBRIDGE MA 02142
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management, L.p. 10 percent owner 2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Apollo Management Gp, Llc 10 percent owner TWO MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577