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Iveda Solutions (Iveda Solutions) Debt-to-EBITDA : -0.20 (As of Mar. 2024)


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What is Iveda Solutions Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Iveda Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.38 Mil. Iveda Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.48 Mil. Iveda Solutions's annualized EBITDA for the quarter that ended in Mar. 2024 was $-4.30 Mil. Iveda Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.20.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Iveda Solutions's Debt-to-EBITDA or its related term are showing as below:

IVDA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.74   Med: -0.19   Max: -0.03
Current: -0.23

During the past 12 years, the highest Debt-to-EBITDA Ratio of Iveda Solutions was -0.03. The lowest was -0.74. And the median was -0.19.

IVDA's Debt-to-EBITDA is ranked worse than
100% of 833 companies
in the Business Services industry
Industry Median: 1.9 vs IVDA: -0.23

Iveda Solutions Debt-to-EBITDA Historical Data

The historical data trend for Iveda Solutions's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Iveda Solutions Debt-to-EBITDA Chart

Iveda Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -0.74 -0.19 -0.20 -0.11

Iveda Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.19 -0.10 -0.05 -0.08 -0.20

Competitive Comparison of Iveda Solutions's Debt-to-EBITDA

For the Security & Protection Services subindustry, Iveda Solutions's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iveda Solutions's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Iveda Solutions's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Iveda Solutions's Debt-to-EBITDA falls into.



Iveda Solutions Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Iveda Solutions's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.349 + 0) / -3.19
=-0.11

Iveda Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.376 + 0.48) / -4.3
=-0.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Iveda Solutions  (NAS:IVDA) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Iveda Solutions Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Iveda Solutions's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Iveda Solutions (Iveda Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1744 S Val Vista, Suite 213, Mesa, AZ, USA, 85204
Iveda Solutions Inc is engaged in offering real-time IP video surveillance technologies. The company provides IoT sensors and devices for various applications such as energy management, smart home, smart building, smart community, and patients and eldercare. Its IvedaAI provides AI functions to IP cameras and network video recorders and video management systems. The group has a business presence in the U.S. and the Republic of China (Taiwan), from which key revenue is derived from the Republic of China (Taiwan).
Executives
Joe Farnsworth director 460 SOUTH GREENFIELD ROAD, MESA AZ 85206
Chi-kuang Sid Sung officer: President 7098 PHYLLIS AVENUE, SAN JOSE CA 95129
Squirrel-away Llc director 7500 E PINNACLE PEAK ROAD, SUITE A-106, SCOTTSDALE AZ 85255
Robert J Brilon officer: CFO/Exec. V.P. 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Brian Lee Duling officer: CFO/Treasurer 1201 S. ALMA ROAD, SUITE 8500, MESA AZ 85210
Luz Berg officer: Chief Operating Officer & CMO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Robert Gillen director 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Alejandro Franco director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Richard Casper Gibson officer: SVP of Global Sales & Support 1201 S. ALMA SCHOOL RD., SUITE 8500, MESA AZ 85210
Lynne Phillis officer: Controller 1201 S ALMA SCHOOL RD, SUITE 4450, MESA AZ 85210
David Ly director, 10 percent owner, officer: President and CEO 1201 SOUTH ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210
Alex Kuo officer: See remarks 210-2101 W 38TH AVENUE, VANCOUVER A1 V6M 1R9
William M Walsh 10 percent owner 117 NORTH 2ND AVENUE, STERLING CO 80751
Steven G Wollach officer: Chief Financial Officer C/O INTERACTIVE OBJECTS INC, 214 PINE STREET SUITE 800, SEATTLE WA 98101
James D Staudohar director 1201 S. ALMA SCHOOL ROAD, SUITE 8500, MESA AZ 85210