Equity Story Group (ASX:EQS) Debt-to-EBITDA : -0.79 (As of Dec. 2023)

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What is Equity Story Group Debt-to-EBITDA?

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

Equity Story Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Equity Story Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.06 Mil. Equity Story Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-1.33 Mil. Equity Story Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.79.

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 Equity Story Group's Debt-to-EBITDA or its related term are showing as below:

ASX:EQS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.5 Med: -0.14 Max: -0.13
Current: -0.5

During the past 3 years, the highest Debt-to-EBITDA Ratio of Equity Story Group was -0.13. The lowest was -0.50. And the median was -0.14.

ASX:EQS's Debt-to-EBITDA is ranked worse than
100% of 415 companies
in the Capital Markets industry
Industry Median: 1.35 vs ASX:EQS: -0.50

Equity Story Group Debt-to-EBITDA Historical Data

The historical data trend for Equity Story Group'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.

Equity Story Group Debt-to-EBITDA Chart

Equity Story Group Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-EBITDA

N/A

-0.13

-0.15

Equity Story Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	N/A	-0.10	-0.13	-0.79

Competitive Comparison of Equity Story Group's Debt-to-EBITDA

For the Capital Markets subindustry, Equity Story Group'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.

Equity Story Group's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Equity Story Group's Debt-to-EBITDA distribution charts can be found below:

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

Equity Story Group Debt-to-EBITDA Calculation

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

Equity Story Group'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
	=	(0.088	+	0.288)	/	-2.483
	=	-0.15

Equity Story Group'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	+	1.059)	/	-1.334
	=	-0.79

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.

Equity Story Group (ASX:EQS) 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.

Equity Story Group Debt-to-EBITDA Related Terms

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