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Tradeweb Markets (Tradeweb Markets) Debt-to-EBITDA : 0.03 (As of Mar. 2024)


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What is Tradeweb Markets Debt-to-EBITDA?

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

Tradeweb Markets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil. Tradeweb Markets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $25 Mil. Tradeweb Markets's annualized EBITDA for the quarter that ended in Mar. 2024 was $952 Mil. Tradeweb Markets's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.03.

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

TW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.09
Current: 0.03

During the past 8 years, the highest Debt-to-EBITDA Ratio of Tradeweb Markets was 0.09. The lowest was 0.03. And the median was 0.05.

TW's Debt-to-EBITDA is ranked better than
95.22% of 418 companies
in the Capital Markets industry
Industry Median: 1.565 vs TW: 0.03

Tradeweb Markets Debt-to-EBITDA Historical Data

The historical data trend for Tradeweb Markets'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.

Tradeweb Markets Debt-to-EBITDA Chart

Tradeweb Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.09 0.08 0.05 0.05 0.04

Tradeweb Markets Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.03 0.04 0.03

Competitive Comparison of Tradeweb Markets's Debt-to-EBITDA

For the Capital Markets subindustry, Tradeweb Markets'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.


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

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

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



Tradeweb Markets Debt-to-EBITDA Calculation

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

Tradeweb Markets'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
=(0 + 27.463) / 681.102
=0.04

Tradeweb Markets'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
=(0 + 24.703) / 952.3
=0.03

* 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.


Tradeweb Markets  (NAS:TW) 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.


Tradeweb Markets Debt-to-EBITDA Related Terms

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


Tradeweb Markets (Tradeweb Markets) Business Description

Traded in Other Exchanges
Address
1177 Avenue of the Americas, New York, NY, USA, 10036
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
Executives
William Hult director, officer: President TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Douglas Friedman officer: General Counsel and Secretary TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Scott Zucker officer: Chief Admin. and Risk Officer TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Enrico Bruni officer: Managing Director, Europe/Asia TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Justin Peterson officer: Chief Technology Officer TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Rana Yared director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Catherine Johnson director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tradeweb Markets Inc. director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Steven Berns director TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Sara Furber officer: Chief Financial Officer MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVE, NEW YORK NY 10036
Lee Olesky director, officer: Chief Executive Officer TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Troy Dixon director PO BOX 25250, PMB 13941, MIAMI FL 33102
Jacques Aigrain director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Simon Maisey officer: Managing Director, Corp. Dev. TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Balbir Bakhshi director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036