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Asian Television Network International (Asian Television Network International) Debt-to-EBITDA : -1.65 (As of Dec. 2023)


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What is Asian Television Network International Debt-to-EBITDA?

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

Asian Television Network International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.06 Mil. Asian Television Network International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.10 Mil. Asian Television Network International's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1.31 Mil. Asian Television Network International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.65.

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 Asian Television Network International's Debt-to-EBITDA or its related term are showing as below:

AITVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.02   Med: 0.46   Max: 17.58
Current: -15.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asian Television Network International was 17.58. The lowest was -15.02. And the median was 0.46.

AITVF's Debt-to-EBITDA is ranked worse than
100% of 681 companies
in the Media - Diversified industry
Industry Median: 1.67 vs AITVF: -15.02

Asian Television Network International Debt-to-EBITDA Historical Data

The historical data trend for Asian Television Network International'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.

Asian Television Network International Debt-to-EBITDA Chart

Asian Television Network International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.17 0.49 3.53 17.58 -7.89

Asian Television Network International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.96 22.98 -23.25 2.61 -1.65

Competitive Comparison of Asian Television Network International's Debt-to-EBITDA

For the Broadcasting subindustry, Asian Television Network International'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.


Asian Television Network International's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asian Television Network International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Asian Television Network International's Debt-to-EBITDA falls into.



Asian Television Network International Debt-to-EBITDA Calculation

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

Asian Television Network International'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
=(1.057 + 1.104) / -0.274
=-7.89

Asian Television Network International'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
=(1.057 + 1.104) / -1.308
=-1.65

* 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 (Dec. 2023) EBITDA data.


Asian Television Network International  (OTCPK:AITVF) 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.


Asian Television Network International Debt-to-EBITDA Related Terms

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


Asian Television Network International (Asian Television Network International) Business Description

Traded in Other Exchanges
Address
330 Cochrane Drive, Markham, ON, CAN, L3R 8E4
Asian Television Network International Ltd is a Canadian-based company. Its activities consist of providing specialty, pay television broadcasting, and television broadcasting advertising for the South Asian community in Canada. The company operates Bollywood movies, sports, news, music, lifestyle, Chinese, Punjabi, and several regional language channels. It derives revenue from Subscriptions, Advertising, Programming, and other income.

Asian Television Network International (Asian Television Network International) Headlines

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