Debt to EBITDA ratio Analysis of Southern States Bancshares Inc - Deep Dive


Debt to EBITDA of SSBK
Dec-23
4.28
Not Good Debt to EBITDA
Dec-22
2.53
Good Debt to EBITDA
Growth
68.89
%
Debt to EBITDA Analysis of Southern States Bancshares Inc
Debt to EBITDA Ratio of SSBK rose handsomely by 68.89 % this year.
Debt to EBITDA Ratio of SSBK trending up for at least three Years.
Debt to EBITDA Ratio with value of 0.580 was lowest in Year Dec-19 in last Five Years.
Latest Debt to EBITDA Ratio with value of 4.28 is Greater than Average Debt to EBITDA of 2.17 in last five years.
Other Debt to EBITDA Related Info of SSBK that may interest you.
Southern States Bancshares Inc Overview
CodePricePrevious PricePrice ChangeSector
SSBK25.5725.63 0.234 % Banks-Regional
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
Low Stability Stock
FY - Historical Debt to EBITDA of Southern States Bancshares Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18
Debt to EBITDA4.282.531.751.700.5800
Change68.89 %44.97 %2.96 %192.52 %
FY Chart of Debt to EBITDA of Southern States Bancshares Inc


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