GigaCloud Technology (GigaCloud Technology) Debt-to-EBITDA : 2.26 (As of Dec. 2023)

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What is GigaCloud Technology Debt-to-EBITDA?

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

GigaCloud Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $59.6 Mil. GigaCloud Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $343.6 Mil. GigaCloud Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was $178.7 Mil. GigaCloud Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.26.

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

GCT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.09 Med: 1.76 Max: 4.48
Current: 3.39

During the past 5 years, the highest Debt-to-EBITDA Ratio of GigaCloud Technology was 4.48. The lowest was 0.09. And the median was 1.76.

GCT's Debt-to-EBITDA is ranked worse than
76.06% of 1600 companies
in the Software industry
Industry Median: 1.06 vs GCT: 3.39

GigaCloud Technology Debt-to-EBITDA Historical Data

The historical data trend for GigaCloud Technology'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.

GigaCloud Technology Debt-to-EBITDA Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.09

0.14

4.48

3.39

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial									2.42	1.71	1.40	1.35	2.26

Competitive Comparison of GigaCloud Technology's Debt-to-EBITDA

For the Software - Infrastructure subindustry, GigaCloud Technology'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.

GigaCloud Technology's Debt-to-EBITDA Distribution in the Software Industry

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

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

GigaCloud Technology Debt-to-EBITDA Calculation

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

GigaCloud Technology'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
	=	(59.615	+	343.622)	/	119.108
	=	3.39

GigaCloud Technology'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
	=	(59.615	+	343.622)	/	178.716
	=	2.26

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.

GigaCloud Technology (NAS:GCT) 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.

GigaCloud Technology Debt-to-EBITDA Related Terms

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

GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Debt-to-EBITDA

Comparable Companies

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Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.