Maris Tech (Maris Tech) Debt-to-EBITDA : -1.63 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Maris Tech Debt-to-EBITDA?

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

Maris Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.63 Mil. Maris Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.91 Mil. Maris Tech's annualized EBITDA for the quarter that ended in Dec. 2023 was $-0.94 Mil. Maris Tech's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.63.

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 Maris Tech's Debt-to-EBITDA or its related term are showing as below:

MTEK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.9 Med: -3.95 Max: -0.46
Current: -0.54

During the past 5 years, the highest Debt-to-EBITDA Ratio of Maris Tech was -0.46. The lowest was -5.90. And the median was -3.95.

MTEK's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs MTEK: -0.54

Maris Tech Debt-to-EBITDA Historical Data

The historical data trend for Maris Tech'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.

Maris Tech Debt-to-EBITDA Chart

Maris Tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-4.42

-5.90

-3.95

-0.46

-0.54

Maris Tech Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial				-2.24	-0.38	-0.61	-0.30	-1.63

Competitive Comparison of Maris Tech's Debt-to-EBITDA

For the Electronic Components subindustry, Maris Tech'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.

Maris Tech's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maris Tech's Debt-to-EBITDA distribution charts can be found below:

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

Maris Tech Debt-to-EBITDA Calculation

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

Maris Tech'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
	=	(0.627	+	0.913)	/	-2.869
	=	-0.54

Maris Tech's annualized Debt-to-EBITDA for the quarter 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
	=	(0.627	+	0.913)	/	-0.944
	=	-1.63

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 two times the quarterly (Dec. 2023) EBITDA data.

Maris Tech (NAS:MTEK) 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.

Maris Tech Debt-to-EBITDA Related Terms

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

Maris Tech (Maris Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maris Tech Ltd (NAS:MTEK) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Yitzhak Modai Street, Rehovot, ISR, 7608804

Website

https://www.maris-tech.com

Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.