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System1 (System1) Debt-to-EBITDA : -49.47 (As of Dec. 2023)


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What is System1 Debt-to-EBITDA?

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

System1's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.6 Mil. System1's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $337.8 Mil. System1's annualized EBITDA for the quarter that ended in Dec. 2023 was $-7.2 Mil. System1's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -49.47.

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 System1's Debt-to-EBITDA or its related term are showing as below:

SST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -71.95   Med: 4.09   Max: 15.92
Current: -71.95

During the past 6 years, the highest Debt-to-EBITDA Ratio of System1 was 15.92. The lowest was -71.95. And the median was 4.09.

SST's Debt-to-EBITDA is ranked worse than
100% of 830 companies
in the Business Services industry
Industry Median: 1.85 vs SST: -71.95

System1 Debt-to-EBITDA Historical Data

The historical data trend for System1'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.

System1 Debt-to-EBITDA Chart

System1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 4.09 - 2.63 N/A 15.92

System1 Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A -15.59 -10.09 7.34 -49.47

Competitive Comparison of System1's Debt-to-EBITDA

For the Specialty Business Services subindustry, System1'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.


System1's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, System1's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where System1's Debt-to-EBITDA falls into.



System1 Debt-to-EBITDA Calculation

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

System1'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
=(17.604 + 337.814) / 22.324
=15.92

System1'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
=(17.604 + 337.814) / -7.184
=-49.47

* 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 (Dec. 2023) EBITDA data.


System1  (NYSE:SST) 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.


System1 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of System1's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


System1 (System1) Business Description

Traded in Other Exchanges
N/A
Address
4235 Redwood Avenue, Marina Del Rey, CA, USA, 90066
System1 Inc develops technology and data science to operate a responsive acquisition marketing platform. It serves customers in the areas of health and wellness, automotive, personal finance, travel, and entertainment. The company's segment includes Owned and Operated Advertising (O&O); Partner Network and Subscription. It generates maximum revenue from the Owned and Operated Advertising (O&O) segment.
Executives
Stanley Blend 10 percent owner C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Cannae Holdings, Inc. 10 percent owner C/O CANNAE HOLDINGS, INC., 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Taryn Jogi Naidu director C/O DEMAND MEDIA, INC., 1299 OCEAN AVENUE, FIFTH FLOOR, SANTA MONICA CA 90401
Lone Star Friends Trust 10 percent owner 2301 BROADWAY STREET, SAN ANTONIO TX 78215
Tridivesh Kidambi officer: CFO & Treasurer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Christopher Stephen Phillips director, 10 percent owner C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Ryan R. Caswell director 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Cannae Holdings, Llc 10 percent owner 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 18934
John Civantos director C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Moujan Kazerani director C/O TAILWIND ACQUISITION, 1545 COURTNEY AVENUE, LOS ANGELES CA 90046
Caroline Horn director C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Paul Filsinger officer: President C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Elizabeth Sestanovich officer: Chief People Officer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Jennifer Mindy Prince director C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010
Brian Coppola officer: Chief Product Officer C/O TREBIA ACQUISITION CORP., 41 MADISON AVENUE, SUITE 2020, NEW YORK NY 10010

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