Burford Capital Debt-to-EBITDA Ratio Growth & History (BUR)
Burford Capital's debt-to-ebitda ratio was 1.89 for fiscal 2023.
View full Burford Capital company overviewBurford Capital annual debt-to-ebitda ratio history
2019
2020
2021
2022
2023
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 1.89 | −4.55 | −70.67% |
| 2022 | 2022-12-31 | 6.44 | −8.17 | −55.92% |
| 2021 | 2021-12-31 | 14.61 | 11.44 | +361.33% |
| 2020 | 2020-12-31 | 3.17 | 1.47 | +86.42% |
| 2019 | 2019-12-31 | 1.70 | — | — |
Burford Capital debt-to-ebitda ratio trends
Between the periods ended 2019-12-31 and 2023-12-31, Burford Capital's debt-to-ebitda ratio increased from 1.70 to 1.89, a change of 0.19.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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