Siebert Financial (Siebert Financial) Debt-to-EBITDA : 0.41 (As of Sep. 2023)

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What is Siebert Financial Debt-to-EBITDA?

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

Siebert Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.93 Mil. Siebert Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.63 Mil. Siebert Financial's annualized EBITDA for the quarter that ended in Sep. 2023 was $18.31 Mil. Siebert Financial's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.41.

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

SIEB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.31 Med: 2.06 Max: 2.44
Current: 0.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of Siebert Financial was 2.44. The lowest was -3.31. And the median was 2.06.

SIEB's Debt-to-EBITDA is ranked better than
63.4% of 418 companies
in the Capital Markets industry
Industry Median: 1.565 vs SIEB: 0.77

Siebert Financial Debt-to-EBITDA Historical Data

The historical data trend for Siebert Financial'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.

Siebert Financial Debt-to-EBITDA Chart

Siebert Financial Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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0.02

2.29

2.44

2.06

-3.31

Siebert Financial Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															1.83	-0.68	0.48	0.38	0.41

Competitive Comparison of Siebert Financial's Debt-to-EBITDA

For the Capital Markets subindustry, Siebert Financial'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.

Siebert Financial's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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

Siebert Financial Debt-to-EBITDA Calculation

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

Siebert Financial's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.231	+	7.219)	/	-2.855
	=	-3.31

Siebert Financial's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.93	+	6.625)	/	18.312
	=	0.41

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 (Sep. 2023) EBITDA data.

Siebert Financial (NAS:SIEB) 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.

Siebert Financial Debt-to-EBITDA Related Terms

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

Siebert Financial (Siebert Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Siebert Financial Corp (NAS:SIEB) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

STF:Germany

Address

535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017

Website

https://www.siebert.com

Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries.

Executives

Hocheol Simon Shin	director	535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
Kakao Corp	10 percent owner	TOWER A, 166 PANGYOYEOK-RO, BUNDANG-GU, GYEONGGI-DO, SEONGNAM-SI M5 13529
Kakaopay Corp	10 percent owner	15F, TOWER B, 166 PANGYOYEOK-RO, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, SEONGNAM-SI M5 13529
John M. Gebbia	other: MEMBER OF 10% OWNER GROUP	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Cynthia Dibartolo	other: See footnote	535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
John J Gebbia	director	120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
David Gebbia	other: MEMBER OF 10% OWNER GROUP	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Richard Gebbia	other: MEMBER OF 10% OWNER GROUP	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gloria E Gebbia	director, other: 10% Owner(1)	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Kennedy Cabot Acquisition, Llc	10 percent owner	24100 CALABASAS ROAD, CALABASAS CA 91302
Francis V Cuttita	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Jerry M Schneider	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Charles Zabatta	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Andrew H Reich	director, officer: EVP, COO, CFO and Secretary	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Leonard M Leiman	director	C/O SIEBERT FINANCIAL CORP, 885 THIRD AVE STE 1720, NEW YORK NY 10022