Rocket Net Debt To E B I T D A from 2010 to 2024

RKT Stock  USD 14.18  0.35  2.41%   
Rocket Companies Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA is likely to outpace its year average in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
112.97
Current Value
118.62
Quarterly Volatility
57.65781952
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rocket Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocket Companies' main balance sheet or income statement drivers, such as Interest Income of 286.6 M, Interest Expense of 279.4 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 1.81 or PTB Ratio of 1.76. Rocket financial statements analysis is a perfect complement when working with Rocket Companies Valuation or Volatility modules.
  
Check out the analysis of Rocket Companies Correlation against competitors.
For more information on how to buy Rocket Stock please use our How to Invest in Rocket Companies guide.

Latest Rocket Companies' Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Rocket Companies over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Rocket Companies' Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rocket Companies' overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Slightly volatile
   Net Debt To E B I T D A   
       Timeline  

Rocket Net Debt To E B I T D A Regression Statistics

Arithmetic Mean42.97
Geometric Mean11.71
Coefficient Of Variation134.19
Mean Deviation52.44
Median3.66
Standard Deviation57.66
Sample Variance3,324
Range122
R-Value0.81
Mean Square Error1,234
R-Squared0.66
Significance0.0003
Slope10.44
Total Sum of Squares46,542

Rocket Net Debt To E B I T D A History

2024 118.62
2023 112.97
2020 125.52
2019 3.44

About Rocket Companies Financial Statements

Rocket Companies shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Although Rocket Companies investors may analyze each financial statement separately, they are all interrelated. The changes in Rocket Companies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Rocket Companies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt To EBITDA 112.97  118.62 

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Additional Tools for Rocket Stock Analysis

When running Rocket Companies' price analysis, check to measure Rocket Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.