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Near Intelligence (Near Intelligence) Debt-to-EBITDA : -2.64 (As of Jun. 2023)


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What is Near Intelligence Debt-to-EBITDA?

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

Near Intelligence's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $101.63 Mil. Near Intelligence's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $3.52 Mil. Near Intelligence's annualized EBITDA for the quarter that ended in Jun. 2023 was $-39.81 Mil. Near Intelligence's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -2.64.

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

NIRLQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.8   Med: -1.34   Max: -0.49
Current: -3.8

During the past 2 years, the highest Debt-to-EBITDA Ratio of Near Intelligence was -0.49. The lowest was -3.80. And the median was -1.34.

NIRLQ's Debt-to-EBITDA is not ranked
in the Software industry.
Industry Median: 1.005 vs NIRLQ: -3.80

Near Intelligence Debt-to-EBITDA Historical Data

The historical data trend for Near Intelligence'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.

Near Intelligence Debt-to-EBITDA Chart

Near Intelligence Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
-0.49 -2.19

Near Intelligence Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - -0.13 -1.66 -2.02 -2.64

Competitive Comparison of Near Intelligence's Debt-to-EBITDA

For the Software - Application subindustry, Near Intelligence'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.


Near Intelligence's Debt-to-EBITDA Distribution in the Software Industry

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

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



Near Intelligence Debt-to-EBITDA Calculation

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

Near Intelligence's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.349 + 12.909) / -9.698
=-2.19

Near Intelligence's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(101.631 + 3.52) / -39.812
=-2.64

* 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 (Jun. 2023) EBITDA data.


Near Intelligence  (OTCPK:NIRLQ) 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.


Near Intelligence Debt-to-EBITDA Related Terms

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


Near Intelligence (Near Intelligence) Business Description

Traded in Other Exchanges
N/A
Address
100 W Walnut Street, 4th Floor, Pasadena, CA, USA
Near Intelligence Inc is a global, full stack data intelligence software as a service platform that stitches and enriches data on people and places from which its customers can derive actionable intelligence of consumer behavior to help its customers make meaningful decisions.
Executives
Richard J Salute director P O BOX 306, WOODBURY NY 11797
Sherman Iii Edmiston director ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Kathryn Petralia director TRICOLOR HOLDINGS, INC., 6021 CONNECTION DRIVE, 4TH FLOOR, IRVING TX 75039
Mark N Greene director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Um Legacy Llc 10 percent owner 130 WEST UNION STREET, PASADENA CA 91103
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Cecil Capital Pte. Ltd. 10 percent owner 160 ROBINSON ROAD, #20-03, SINGAPORE U0 068914
Shobhit Shukla officer: President 1096 KEELER AVENUE, BERKELEY CA 94708
Gladys Kong officer: COO and Secretary 1096 KEELER AVENUE, BERKELEY CA 94708
Rahul Agarwal officer: Chief Financial Officer 1096 KEELER AVENUE, BERKELEY CA 94708
Anil Mathews director, officer: CEO and Chairman 1096 KEELER AVENUE, BERKELEY CA 94708
Jay Angelo officer: General Counsel 1096 KEELER AVENUE, BERKELEY CA 94708
Sequoia Capital India Iii Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Ronald Steger director 13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Blake Ross 10 percent owner 1887 WHITNEY MESA DRIVE, #2070, HENDERSON NV 89014