OTC Markets Group (OTC Markets Group) Debt-to-EBITDA : 0.37 (As of Dec. 2023)

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What is OTC Markets Group Debt-to-EBITDA?

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

OTC Markets Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.1 Mil. OTC Markets Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.9 Mil. OTC Markets Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $37.4 Mil. OTC Markets Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.37.

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 OTC Markets Group's Debt-to-EBITDA or its related term are showing as below:

OTCM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.39 Med: 0.41 Max: 0.9
Current: 0.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of OTC Markets Group was 0.90. The lowest was 0.39. And the median was 0.41.

OTCM's Debt-to-EBITDA is ranked better than
72.77% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs OTCM: 0.40

OTC Markets Group Debt-to-EBITDA Historical Data

The historical data trend for OTC Markets Group'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.

OTC Markets Group Debt-to-EBITDA Chart

OTC Markets Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.90

0.70

0.41

0.39

0.40

OTC Markets Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.36	0.49	0.41	0.39	0.37

Competitive Comparison of OTC Markets Group's Debt-to-EBITDA

For the Financial Data & Stock Exchanges subindustry, OTC Markets Group'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.

OTC Markets Group's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, OTC Markets Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where OTC Markets Group's Debt-to-EBITDA falls into.

OTC Markets Group Debt-to-EBITDA Calculation

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

OTC Markets Group'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
	=	(2.052	+	11.895)	/	34.992
	=	0.40

OTC Markets Group'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
	=	(2.052	+	11.895)	/	37.376
	=	0.37

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.

OTC Markets Group (OTCPK:OTCM) 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.

OTC Markets Group Debt-to-EBITDA Related Terms

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

OTC Markets Group (OTC Markets Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OTC Markets Group Inc (OTCPK:OTCM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Vesey Street, New York, NY, USA, 10282

Website

https://www.otcmarkets.com

OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.