Horizon Kinetics Holding annual debt-to-ebitda ratio
2010
2013
2014
2015
2016
2017
2023
2025
Horizon Kinetics Holding Debt-to-EBITDA Ratio Growth & History (HKHC)
Horizon Kinetics Holding's debt-to-ebitda ratio was 0.68 for fiscal 2025.
View full Horizon Kinetics Holding company overviewHorizon Kinetics Holding annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.68 | — | — |
| 2023 | 2023-12-31 | 158.28 | — | — |
| 2017 | 2017-12-31 | 0.14 | −0.39 | −73.85% |
| 2016 | 2016-12-31 | 0.53 | 0.53 | — |
| 2015 | 2015-12-31 | 0.00 | 0.00 | — |
| 2014 | 2014-12-31 | 0.00 | 0.00 | — |
| 2013 | 2013-12-31 | 0.00 | — | — |
| 2010 | 2010-12-31 | 25.81 | — | — |
Horizon Kinetics Holding quarterly debt-to-ebitda ratio
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q1.19
Q2.19
Q1.20
Q2.20
Q3.20
Q4.23
Q1.24
Q2.24
Q3.24
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.04 | — | — |
| Q1 2026 | 2026-03-31 | 1.29 | — | — |
| Q4 2025 | 2025-12-31 | 0.68 | — | — |
| Q3 2024 | 2024-09-30 | 16.43 | — | — |
| Q2 2024 · Jun 30 | 2024-06-30 | 1.39 | — | — |
| Q1 2024 | 2024-03-31 | 2.24 | — | — |
| Q4 2023 | 2023-12-31 | 158.28 | — | — |
| Q3 2020 | 2020-09-30 | 36.60 | — | — |
| Q2 2020 | 2020-06-30 | 4.69 | 1.89 | +67.82% |
| Q1 2020 | 2020-03-31 | 16.25 | 15.45 | +1947.06% |
| Q2 2019 | 2019-06-30 | 2.79 | — | — |
| Q1 2019 | 2019-03-31 | 0.79 | 0.64 | +420.84% |
| Q1 2018 | 2018-03-31 | 0.15 | −0.25 | −61.97% |
| Q4 2017 | 2017-12-31 | 0.14 | −0.39 | −73.85% |
| Q3 2017 | 2017-09-30 | 0.18 | −0.79 | −81.60% |
| Q2 2017 | 2017-06-30 | 0.24 | −1.17 | −83.23% |
| Q1 2017 | 2017-03-31 | 0.40 | 0.40 | — |
| Q4 2016 | 2016-12-31 | 0.53 | 0.53 | — |
| Q3 2016 | 2016-09-30 | 0.96 | 0.96 | — |
| Q2 2016 | 2016-06-30 | 1.41 | 1.41 | — |
| Q1 2016 | 2016-03-31 | 0.00 | 0.00 | — |
| Q4 2015 | 2015-12-31 | 0.00 | 0.00 | — |
| Q3 2015 | 2015-09-30 | 0.00 | 0.00 | — |
| Q2 2015 | 2015-06-30 | 0.00 | 0.00 | — |
| Q1 2015 | 2015-03-31 | 0.00 | 0.00 | — |
| Q4 2014 | 2014-12-31 | 0.00 | 0.00 | — |
| Q3 2014 | 2014-09-30 | 0.00 | 0.00 | — |
| Q2 2014 | 2014-06-30 | 0.00 | — | — |
| Q1 2014 | 2014-03-31 | 0.00 | — | — |
| Q4 2013 | 2013-12-31 | 0.00 | — | — |
| Q3 2013 | 2013-09-30 | 0.00 | — | — |
Horizon Kinetics Holding debt-to-ebitda ratio trends
Between the periods ended 2010-12-31 and 2025-12-31, Horizon Kinetics Holding's debt-to-ebitda ratio decreased from 25.81 to 0.68, a change of −25.14. The latest reported quarter, Q2 2026, shows 5.04.
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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