Debt to EBITDA ratio Analysis of DraftKings Inc - Deep Dive
Debt to EBITDA of DKNG
Dec-23-1.57Very Poor Debt to EBITDA | Dec-22-1.12Very 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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
DKNG | 41.95 | 38.91 | 7.81 % | Gambling |
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 Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEBITDA.jpg)
Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
Poor Stability Stock |
FY - Historical Debt to EBITDA of DraftKings Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | -1.57 | -1.12 | -0.906 | -0.0167 | -0.582 | -0.055 | 0 |
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)