Haivision Systems (TSX:HAI) Debt-to-EBITDA : 0.74 (As of Jan. 2024)

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What is Haivision Systems Debt-to-EBITDA?

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

Haivision Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$6.4 Mil. Haivision Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$7.8 Mil. Haivision Systems's annualized EBITDA for the quarter that ended in Jan. 2024 was C$19.3 Mil. Haivision Systems's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 0.74.

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

TSX:HAI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.22 Med: 0.77 Max: 8.17
Current: 1.44

During the past 7 years, the highest Debt-to-EBITDA Ratio of Haivision Systems was 8.17. The lowest was -3.22. And the median was 0.77.

TSX:HAI's Debt-to-EBITDA is ranked worse than
57.12% of 1616 companies
in the Software industry
Industry Median: 1.06 vs TSX:HAI: 1.44

Haivision Systems Debt-to-EBITDA Historical Data

The historical data trend for Haivision Systems'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.

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Haivision Systems Debt-to-EBITDA Chart

Haivision Systems Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-EBITDA

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0.17

0.77

-3.22

8.17

1.46

Haivision Systems Quarterly Data
	Oct18	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-EBITDA	Get a 7-Day Free Trial															4.12	2.94	-8.80	1.11	0.74

Competitive Comparison of Haivision Systems's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Haivision Systems'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.

Haivision Systems's Debt-to-EBITDA Distribution in the Software Industry

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

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

Haivision Systems Debt-to-EBITDA Calculation

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

Haivision Systems's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(7.337	+	8.839)	/	11.067
	=	1.46

Haivision Systems's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.417	+	7.828)	/	19.28
	=	0.74

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 four times the quarterly (Jan. 2024) EBITDA data.

Haivision Systems (TSX:HAI) 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.

Haivision Systems Debt-to-EBITDA Related Terms

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

Haivision Systems (TSX:HAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Haivision Systems Inc (TSX:HAI) » Definitions » Debt-to-EBITDA

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HAIVF:USA

Address

2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9

Website

https://www.haivision.com

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.

Executives

Miroslav Wicha

10% Security Holder, Director, Senior Officer

Haivision Systems (TSX:HAI) Headlines

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