ACE Aviation Holdings (TSXV:ACE.H) Debt-to-EBITDA : 0.00 (As of Sep. 2023)

ACE Aviation Holdings Debt-to-EBITDA Chart

ACE Aviation Holdings Annual Data
	Trend	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec18	Dec19	Dec20	Dec21
Debt-to-EBITDA		Get a 7-Day Free Trial					-	-	-	-	-

ACE Aviation Holdings Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Dec14	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															N/A	-	-	N/A	-

Competitive Comparison of ACE Aviation Holdings's Debt-to-EBITDA

For the Airlines subindustry, ACE Aviation 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.

ACE Aviation Holdings's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ACE Aviation Holdings's Debt-to-EBITDA distribution charts can be found below:

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

ACE Aviation Holdings Debt-to-EBITDA Calculation

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

ACE Aviation Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

ACE Aviation Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

* 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 four times the quarterly (Sep. 2023) EBITDA data.

ACE Aviation Holdings  (TSXV:ACE.H) 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.

ACE Aviation Holdings Debt-to-EBITDA Related Terms

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ACE Aviation Holdings (TSXV:ACE.H) Business Description