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AtlasClear Holdings (AtlasClear Holdings) Debt-to-EBITDA : 2.80 (As of Jun. 2023)


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What is AtlasClear Holdings Debt-to-EBITDA?

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

AtlasClear Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.12 Mil. AtlasClear Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.69 Mil. AtlasClear Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was $0.29 Mil. AtlasClear Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 2.80.

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

ATCH's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 1.05
* Ranked among companies with meaningful Debt-to-EBITDA only.

AtlasClear Holdings Debt-to-EBITDA Historical Data

The historical data trend for AtlasClear Holdings'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.

AtlasClear Holdings Debt-to-EBITDA Chart

AtlasClear Holdings Annual Data
Trend Jun22
Debt-to-EBITDA
0.49

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Debt-to-EBITDA 0.49 2.80

Competitive Comparison of AtlasClear Holdings's Debt-to-EBITDA

For the Software - Infrastructure subindustry, AtlasClear Holdings'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.


AtlasClear Holdings's Debt-to-EBITDA Distribution in the Software Industry

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

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



AtlasClear Holdings Debt-to-EBITDA Calculation

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

AtlasClear Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.151 + 0.793) / 1.918
=0.49

AtlasClear Holdings's annualized Debt-to-EBITDA for the quarter 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
=(0.116 + 0.69) / 0.288
=2.80

* 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 one times the quarterly (Jun. 2023) EBITDA data.


AtlasClear Holdings  (AMEX:ATCH) 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.


AtlasClear Holdings Debt-to-EBITDA Related Terms

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


AtlasClear Holdings (AtlasClear Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines