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ODDITY Tech (ODDITY Tech) Debt-to-EBITDA : 0.10 (As of Mar. 2024)


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What is ODDITY Tech Debt-to-EBITDA?

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

ODDITY Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.6 Mil. ODDITY Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $13.3 Mil. ODDITY Tech's annualized EBITDA for the quarter that ended in Mar. 2024 was $165.1 Mil. ODDITY Tech's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.10.

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

ODD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15   Med: 0.23   Max: 0.5
Current: 0.17

During the past 4 years, the highest Debt-to-EBITDA Ratio of ODDITY Tech was 0.50. The lowest was 0.15. And the median was 0.23.

ODD's Debt-to-EBITDA is ranked better than
81.71% of 1602 companies
in the Software industry
Industry Median: 1.06 vs ODD: 0.17

ODDITY Tech Debt-to-EBITDA Historical Data

The historical data trend for ODDITY Tech'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.

ODDITY Tech Debt-to-EBITDA Chart

ODDITY Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.26 0.19 0.50 0.15

ODDITY Tech Quarterly Data
Dec20 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 0.14 0.09 0.37 0.36 0.10

Competitive Comparison of ODDITY Tech's Debt-to-EBITDA

For the Software - Infrastructure subindustry, ODDITY Tech'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.

ODDITY Tech's Debt-to-EBITDA Distribution in the Software Industry

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

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


ODDITY Tech Debt-to-EBITDA Calculation

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

ODDITY Tech'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
=(3.802 + 8.712) / 82.923
=0.15

ODDITY Tech'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
=(3.603 + 13.255) / 165.128
=0.10

* 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.

ODDITY Tech  (NAS:ODD) 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.

ODDITY Tech Debt-to-EBITDA Related Terms

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

ODDITY Tech (ODDITY Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ODDITY Tech Ltd (NAS:ODD) » Definitions » Debt-to-EBITDA
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Traded in Other Exchanges
N/A
Address
8 Haharash Street, Tel Aviv-Jaffa, ISR, 6761304
Website
https://www.oddity.com
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.