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GCM Grosvenor (GCM Grosvenor) Debt-to-EBITDA : -9.50 (As of Mar. 2024)


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What is GCM Grosvenor Debt-to-EBITDA?

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

GCM Grosvenor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil. GCM Grosvenor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $427.2 Mil. GCM Grosvenor's annualized EBITDA for the quarter that ended in Mar. 2024 was $-45.0 Mil. GCM Grosvenor's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -9.50.

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

GCMG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.38   Med: 3.47   Max: 395.19
Current: 395.19

During the past 6 years, the highest Debt-to-EBITDA Ratio of GCM Grosvenor was 395.19. The lowest was -7.38. And the median was 3.47.

GCMG's Debt-to-EBITDA is ranked worse than
100% of 358 companies
in the Asset Management industry
Industry Median: 1.275 vs GCMG: 395.19

GCM Grosvenor Debt-to-EBITDA Historical Data

The historical data trend for GCM Grosvenor'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.

GCM Grosvenor Debt-to-EBITDA Chart

GCM Grosvenor Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 4.56 -7.38 2.20 3.47 86.51

GCM Grosvenor Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -13.58 -3.58 3.92 8.32 -9.50

Competitive Comparison of GCM Grosvenor's Debt-to-EBITDA

For the Asset Management subindustry, GCM Grosvenor'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.


GCM Grosvenor's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GCM Grosvenor's Debt-to-EBITDA distribution charts can be found below:

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



GCM Grosvenor Debt-to-EBITDA Calculation

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

GCM Grosvenor'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
=(0 + 426.208) / 4.927
=86.50

GCM Grosvenor's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 427.197) / -44.964
=-9.50

* 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 (Mar. 2024) EBITDA data.


GCM Grosvenor  (NAS:GCMG) 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.


GCM Grosvenor Debt-to-EBITDA Related Terms

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


GCM Grosvenor (GCM Grosvenor) Business Description

Traded in Other Exchanges
N/A
Address
900 North Michigan Avenue, Suite 1100, Chicago, IL, USA, 60611
GCM Grosvenor Inc is a global alternative asset management firm. It invests on behalf of clients who seek allocations to alternative investments, such as private equity, infrastructure, real estate, credit, ESG and absolute return strategies. The company's offerings include multi-manager portfolios as well as portfolios of direct investments and co-investments. It also offers multi-client portfolios for investors who desire a turn-key solution for accessing alternative investments.
Executives
Pamela L Bentley officer: Chief Financial Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Sandra Hurse officer: Chief HR Officer C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Kathleen Patricia Sullivan officer: M D and Head of Accounting 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Gcm Progress Llc 10 percent owner C/O GCM GROSVENOR, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm Progress Subsidiary Llc 10 percent owner C/O GCM GROSVENOR, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Cf Finance Holdings Llc 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Stephen Malkin director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Francesca Cornelli director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Angela Blanton director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm V, Llc 10 percent owner C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Grosvenor Holdings, L.l.c. 10 percent owner 900 NORTH MICHIGAN AVE, SUITE 1100, CHICAGO IL 60611
Jonathan Reisin Levin director, officer: President 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Frederick Pollock officer: Chief Investment Officer 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Michael Jay Sacks director, 10 percent owner, officer: Chief Executive Officer 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611