Vonex (ASX:VN8) Debt-to-EBITDA : 6.27 (As of Dec. 2023)

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What is Vonex Debt-to-EBITDA?

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

Vonex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.96 Mil. Vonex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$24.96 Mil. Vonex's annualized EBITDA for the quarter that ended in Dec. 2023 was A$4.13 Mil. Vonex's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.27.

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

ASX:VN8' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.43 Med: -0.31 Max: 7.25
Current: 7.25

During the past 7 years, the highest Debt-to-EBITDA Ratio of Vonex was 7.25. The lowest was -5.43. And the median was -0.31.

ASX:VN8's Debt-to-EBITDA is ranked worse than
88.89% of 315 companies
in the Telecommunication Services industry
Industry Median: 2.18 vs ASX:VN8: 7.25

Vonex Debt-to-EBITDA Historical Data

The historical data trend for Vonex'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.

Vonex Debt-to-EBITDA Chart

Vonex Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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-5.43

-0.31

4.68

-1.30

Vonex Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial							7.46	3.43	-0.61	7.77	6.27

Competitive Comparison of Vonex's Debt-to-EBITDA

For the Telecom Services subindustry, Vonex'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.

Vonex's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonex's Debt-to-EBITDA distribution charts can be found below:

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

Vonex Debt-to-EBITDA Calculation

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

Vonex'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
	=	(22.067	+	1.367)	/	-18.03
	=	-1.30

Vonex'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
	=	(0.962	+	24.958)	/	4.132
	=	6.27

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.

Vonex (ASX:VN8) 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.

Vonex Debt-to-EBITDA Related Terms

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

Vonex (ASX:VN8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonex Ltd (ASX:VN8) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064

Website

https://www.vonex.com.au

Vonex Ltd is an Australia-based telecommunications company. It is organized into three operating segments. The retail segment is engaged in the sale of hardware and telecommunication services including the provision of data, internet, voice (including IP voice), and other services; the Wholesale segment is engaged in offering wholesale white-label hosted PBX services under license for Internet Service Providers, Telco's and Cloud Vendors; and Corporate segment is engaged in managing the corporate affairs of the group, and special development projects such as the Oper8tor App. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.

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