Debt to EBITDA ratio Analysis of DraftKings Inc - Deep Dive


Debt to EBITDA of DKNG
Dec-23
-1.57
Very Poor Debt to EBITDA
Dec-22
-1.12
Very Poor Debt to EBITDA
Growth
-40.52
%
Debt to EBITDA Analysis of DraftKings Inc
Debt to EBITDA Ratio of DKNG drastically fell by -40.52 % this year.
Debt to EBITDA Ratio with value of -0.0167 was highest in Year Dec-20 in last Five Years.
Debt to EBITDA Ratio of DKNG trending down for at least three Years.
Latest Debt to EBITDA Ratio with value of -1.57 is lower than Average Debt to EBITDA of -0.839 in last five years.
Other Debt to EBITDA Related Info of DKNG that may interest you.
DraftKings Inc Overview
CodePricePrevious PricePrice ChangeSector
DKNG41.9538.91 7.81 % Gambling
Fundamental AnalysisTechnical Analysis
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization.    more ..
Debt to EBITDA Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
Poor Stability Stock
FY - Historical Debt to EBITDA of DraftKings Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to EBITDA-1.57-1.12-0.906-0.0167-0.582-0.0550
Change-40.52 %-23.45 %-5317.82 %97.13 %-965.09 %
FY Chart of Debt to EBITDA of DraftKings Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)