1414 Degrees (ASX:14D) Debt-to-EBITDA : -0.14 (As of Dec. 2023)

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What is 1414 Degrees Debt-to-EBITDA?

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

1414 Degrees's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.27 Mil. 1414 Degrees's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. 1414 Degrees's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-1.94 Mil. 1414 Degrees's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.14.

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 1414 Degrees's Debt-to-EBITDA or its related term are showing as below:

ASX:14D' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.06 Med: -0.44 Max: -0.13
Current: -0.14

During the past 5 years, the highest Debt-to-EBITDA Ratio of 1414 Degrees was -0.13. The lowest was -1.06. And the median was -0.44.

ASX:14D's Debt-to-EBITDA is ranked worse than
100% of 325 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.34 vs ASX:14D: -0.14

1414 Degrees Debt-to-EBITDA Historical Data

The historical data trend for 1414 Degrees'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.

1414 Degrees Debt-to-EBITDA Chart

1414 Degrees Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

-1.06

-0.27

-0.62

-0.13

1414 Degrees Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial							-0.25	0.09	-0.22	-0.11	-0.14

Competitive Comparison of 1414 Degrees's Debt-to-EBITDA

For the Utilities - Independent Power Producers subindustry, 1414 Degrees'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.

1414 Degrees's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, 1414 Degrees's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 1414 Degrees's Debt-to-EBITDA falls into.

1414 Degrees Debt-to-EBITDA Calculation

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

1414 Degrees's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.227	+	0)	/	-1.8
	=	-0.13

1414 Degrees'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
	=	(0.274	+	0)	/	-1.94
	=	-0.14

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.

1414 Degrees (ASX:14D) 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.

1414 Degrees Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of 1414 Degrees's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

1414 Degrees (ASX:14D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » 1414 Degrees Ltd (ASX:14D) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

136 Daws Road, Melrose Park, Sydney, SA, AUS, 5039

Website

https://www.1414degrees.com.au

1414 Degrees Ltd is focused on storing and output of electric power. The company patented thermal energy storage system (TESS) storing energy as latent heat in running silicon. It delivers an output of heat and electricity is sourced from renewables or the grid and is stored as latent heat at a constant temperature. Geographically, it operates only in Australia.

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