SMX (Security Matters) (SMX (Security Matters)) Debt-to-EBITDA : 0.12 (As of Dec. 2023)

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What is SMX (Security Matters) Debt-to-EBITDA?

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

SMX (Security Matters)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.18 Mil. SMX (Security Matters)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.89 Mil. SMX (Security Matters)'s annualized EBITDA for the quarter that ended in Dec. 2023 was $35.05 Mil. SMX (Security Matters)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.12.

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 SMX (Security Matters)'s Debt-to-EBITDA or its related term are showing as below:

SMX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.14 Med: -0.26 Max: -0.17
Current: -0.32

During the past 4 years, the highest Debt-to-EBITDA Ratio of SMX (Security Matters) was -0.17. The lowest was -1.14. And the median was -0.26.

SMX's Debt-to-EBITDA is ranked worse than
100% of 830 companies
in the Business Services industry
Industry Median: 1.87 vs SMX: -0.32

SMX (Security Matters) Debt-to-EBITDA Historical Data

The historical data trend for SMX (Security Matters)'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.

SMX (Security Matters) Debt-to-EBITDA Chart

SMX (Security Matters) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.20

-0.17

-1.14

-0.32

SMX (Security Matters) Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.17	-0.27	-1.07	-0.08	0.12

Competitive Comparison of SMX (Security Matters)'s Debt-to-EBITDA

For the Specialty Business Services subindustry, SMX (Security Matters)'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.

SMX (Security Matters)'s Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SMX (Security Matters)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SMX (Security Matters)'s Debt-to-EBITDA falls into.

SMX (Security Matters) Debt-to-EBITDA Calculation

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

SMX (Security Matters)'s Debt-to-EBITDA for the fiscal year 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
	=	(3.181	+	0.894)	/	-12.873
	=	-0.32

SMX (Security Matters)'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
	=	(3.181	+	0.894)	/	35.052
	=	0.12

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.

SMX (Security Matters) (NAS:SMX) 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.

SMX (Security Matters) Debt-to-EBITDA Related Terms

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

SMX (Security Matters) (SMX (Security Matters)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SMX (Security Matters) PLC (NAS:SMX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sussex Road, Mespil Business Centre, Mespil House, Dublin, IRL, D04 T4A6

Website

https://smx.tech/home

SMX (Security Matters) PLC provides one solution to solve both authentication and track and trace challenges in order to uphold supply chain integrity and provide quality assurance and brand accountability to producers of goods. Its technology works as a track and trace system using a marker, a reader, and an algorithm to identify embedded sub-molecular particles in order to track and trace different components along a production process (or any other marked good along a supply chain) to the end producer.