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MGO Global (MGO Global) Debt-to-EBITDA : -0.01 (As of Mar. 2024)


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What is MGO Global Debt-to-EBITDA?

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

MGO Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.07 Mil. MGO Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. MGO Global's annualized EBITDA for the quarter that ended in Mar. 2024 was $-7.34 Mil. MGO Global's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.01.

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

MGOL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.3   Med: -0.11   Max: -0.01
Current: -0.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of MGO Global was -0.01. The lowest was -0.30. And the median was -0.11.

MGOL's Debt-to-EBITDA is ranked worse than
100% of 664 companies
in the Media - Diversified industry
Industry Median: 1.69 vs MGOL: -0.01

MGO Global Debt-to-EBITDA Historical Data

The historical data trend for MGO Global'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.

MGO Global Debt-to-EBITDA Chart

MGO Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.11 -0.30 -0.05 -

MGO Global Quarterly Data
Dec20 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 - - - - -0.01

Competitive Comparison of MGO Global's Debt-to-EBITDA

For the Advertising Agencies subindustry, MGO Global'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.


MGO Global's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MGO Global's Debt-to-EBITDA distribution charts can be found below:

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



MGO Global Debt-to-EBITDA Calculation

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

MGO Global'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 + 0) / -7.364
=0.00

MGO Global'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
=(0.07 + 0) / -7.34
=-0.01

* 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.


MGO Global  (NAS:MGOL) 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.


MGO Global Debt-to-EBITDA Related Terms

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


MGO Global (MGO Global) Business Description

Traded in Other Exchanges
N/A
Address
1515 SE 17th Street,, Suite 121/ No 460596, Fort Lauderdale, FL, USA, 33346
MGO Global Inc provides branding and marketing services to help clients build positive perceptions about their businesses. The company has one reportable segment which sells a range of products under the soccer legend Lionel (Leo) Messi brand Messi Brand.
Executives
Nicole M. Fernandez-mcgovern director C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Paul Wahlgren director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Obie Mckenzie director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Salima Popatia director 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Vincent Ottomanelli officer: CHIEF FINANCIAL OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Martin P Scott officer: CHIEF FINANCIAL OFFICER SIMPLEPONS, INC., C/O 220 CONGRESS PARK DRIVE, SUITE 304, DELRAY BEACH FL 33445
Maximiliano Ojeda director, officer: CHIEF EXECUTIVE OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Virginia Hilfiger director, officer: CHIEF DESIGN OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Julian Groves director, officer: CHIEF OPERATING OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346
Matthew Harward officer: CHIEF MARKETING OFFICER 1515 SE 17TH STREET, SUITE 121/#460236, FORT LAUDERDALE FL 33346