EpicQuest Education Group International (EpicQuest Education Group International) Debt-to-EBITDA : -0.16 (As of Sep. 2023)

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What is EpicQuest Education Group International Debt-to-EBITDA?

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

EpicQuest Education Group International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.56 Mil. EpicQuest Education Group International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.57 Mil. EpicQuest Education Group International's annualized EBITDA for the quarter that ended in Sep. 2023 was $-7.27 Mil. EpicQuest Education Group International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.16.

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 EpicQuest Education Group International's Debt-to-EBITDA or its related term are showing as below:

EEIQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.54 Med: -0.17 Max: -0.15
Current: -0.17

During the past 6 years, the highest Debt-to-EBITDA Ratio of EpicQuest Education Group International was -0.15. The lowest was -0.54. And the median was -0.17.

EEIQ's Debt-to-EBITDA is ranked worse than
100% of 180 companies
in the Education industry
Industry Median: 1.69 vs EEIQ: -0.17

EpicQuest Education Group International Debt-to-EBITDA Historical Data

The historical data trend for EpicQuest Education Group 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.

EpicQuest Education Group International Debt-to-EBITDA Chart

EpicQuest Education Group International Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-EBITDA

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-0.54

-0.15

-0.17

EpicQuest Education Group International Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial						-0.36	-0.24	-0.14	-0.23	-0.16

Competitive Comparison of EpicQuest Education Group International's Debt-to-EBITDA

For the Education & Training Services subindustry, EpicQuest Education Group 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.

EpicQuest Education Group International's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, EpicQuest Education Group International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EpicQuest Education Group International's Debt-to-EBITDA falls into.

EpicQuest Education Group International Debt-to-EBITDA Calculation

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

EpicQuest Education Group International's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.559	+	0.571)	/	-6.662
	=	-0.17

EpicQuest Education Group International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.559	+	0.571)	/	-7.272
	=	-0.16

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 (Sep. 2023) EBITDA data.

EpicQuest Education Group International (NAS:EEIQ) 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.

EpicQuest Education Group International Debt-to-EBITDA Related Terms

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

EpicQuest Education Group International (EpicQuest Education Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » EpicQuest Education Group International Ltd (NAS:EEIQ) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1209 North University Boulevard, Middletown, OH, USA, 45042

Website

https://www.epicquesteducation.com

EpicQuest Education Group International Ltd provides comprehensive education solutions for domestic and international students interested in university and college degree programs in the U.S., Canada, and the UK. In addition, the company has a recruiting relationship with the regional campuses of Miami University of Ohio, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses, and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University.