Comprehensive Healthcare Systems (TSXV:CHS) Debt-to-EBITDA : -0.63 (As of Sep. 2023)

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What is Comprehensive Healthcare Systems Debt-to-EBITDA?

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

Comprehensive Healthcare Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$1.29 Mil. Comprehensive Healthcare Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$1.69 Mil. Comprehensive Healthcare Systems's annualized EBITDA for the quarter that ended in Sep. 2023 was C$-4.74 Mil. Comprehensive Healthcare Systems's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.63.

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

TSXV:CHS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.48 Med: -0.43 Max: -0.43
Current: -0.48

During the past 4 years, the highest Debt-to-EBITDA Ratio of Comprehensive Healthcare Systems was -0.43. The lowest was -0.48. And the median was -0.43.

TSXV:CHS's Debt-to-EBITDA is ranked worse than
100% of 424 companies
in the Healthcare Providers & Services industry
Industry Median: 2.645 vs TSXV:CHS: -0.48

Comprehensive Healthcare Systems Debt-to-EBITDA Historical Data

The historical data trend for Comprehensive Healthcare 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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Comprehensive Healthcare Systems Debt-to-EBITDA Chart

Comprehensive Healthcare Systems Annual Data

Trend

Jan19

Jan20

Jan21

Dec22

Debt-to-EBITDA

N/A

-0.43

Comprehensive Healthcare Systems Quarterly Data
	Oct18	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial														-0.24	-0.30	-0.51	-0.45	-0.63

Competitive Comparison of Comprehensive Healthcare Systems's Debt-to-EBITDA

For the Health Information Services subindustry, Comprehensive Healthcare 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.

Comprehensive Healthcare Systems's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Comprehensive Healthcare Systems's Debt-to-EBITDA distribution charts can be found below:

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

Comprehensive Healthcare Systems Debt-to-EBITDA Calculation

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

Comprehensive Healthcare Systems's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.983	+	0.678)	/	-6.263
	=	-0.42

Comprehensive Healthcare Systems'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
	=	(1.29	+	1.69)	/	-4.736
	=	-0.63

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.

Comprehensive Healthcare Systems (TSXV:CHS) 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.

Comprehensive Healthcare Systems Debt-to-EBITDA Related Terms

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