Debt to EBITDA ratio Analysis of Southern States Bancshares Inc - Deep Dive
Debt to EBITDA of SSBK
Dec-234.28Not Good Debt to EBITDA | Dec-222.53Good Debt to EBITDA | Growth68.89% |
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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SSBK | 25.57 | 25.63 | 0.234 % | Banks-Regional |
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
Low Stability Stock |
FY - Historical Debt to EBITDA of Southern States Bancshares Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 |
---|---|---|---|---|---|---|
Debt to EBITDA | 4.28 | 2.53 | 1.75 | 1.70 | 0.580 | 0 |
Change | 68.89 % | 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)