D2L (TSX:DTOL) Debt-to-EBITDA : 2.13 (As of Jan. 2024)

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What is D2L Debt-to-EBITDA?

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

D2L's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$1.3 Mil. D2L's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$15.7 Mil. D2L's annualized EBITDA for the quarter that ended in Jan. 2024 was C$8.0 Mil. D2L's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 2.13.

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 D2L's Debt-to-EBITDA or its related term are showing as below:

TSX:DTOL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.68 Med: -0.11 Max: 43.08
Current: 33.59

During the past 6 years, the highest Debt-to-EBITDA Ratio of D2L was 43.08. The lowest was -2.68. And the median was -0.11.

TSX:DTOL's Debt-to-EBITDA is ranked worse than
98.27% of 1616 companies
in the Software industry
Industry Median: 1.005 vs TSX:DTOL: 33.59

D2L Debt-to-EBITDA Historical Data

The historical data trend for D2L'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.

D2L Debt-to-EBITDA Chart

D2L Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-EBITDA

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-2.68

-0.11

-0.02

-1.00

43.08

D2L Quarterly Data
	Jan19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-EBITDA	Get a 7-Day Free Trial												-0.65	1.60	-0.87	5.12	2.13

Competitive Comparison of D2L's Debt-to-EBITDA

For the Software - Application subindustry, D2L'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.

D2L's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, D2L's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where D2L's Debt-to-EBITDA falls into.

D2L Debt-to-EBITDA Calculation

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

D2L's Debt-to-EBITDA for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.345	+	15.716)	/	0.396
	=	43.08

D2L's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.345	+	15.716)	/	8.016
	=	2.13

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 (Jan. 2024) EBITDA data.

D2L (TSX:DTOL) 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.

D2L Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of D2L's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

D2L (TSX:DTOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » D2L Inc (TSX:DTOL) » Definitions » Debt-to-EBITDA

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DTLIF:USA

Address

137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8

Website

https://www.d2l.com

D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave.

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