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Quisitive Technology Solutions (TSXV:QUIS) Debt-to-EBITDA : 3.64 (As of Sep. 2023)


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What is Quisitive Technology Solutions Debt-to-EBITDA?

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

Quisitive Technology Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$96.2 Mil. Quisitive Technology Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$2.4 Mil. Quisitive Technology Solutions's annualized EBITDA for the quarter that ended in Sep. 2023 was C$27.1 Mil. Quisitive Technology Solutions's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.64.

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 Quisitive Technology Solutions's Debt-to-EBITDA or its related term are showing as below:

TSXV:QUIS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.56   Med: -9.51   Max: 6.4
Current: 6.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Quisitive Technology Solutions was 6.40. The lowest was -25.56. And the median was -9.51.

TSXV:QUIS's Debt-to-EBITDA is ranked worse than
88.01% of 1602 companies
in the Software industry
Industry Median: 1.06 vs TSXV:QUIS: 6.40

Quisitive Technology Solutions Debt-to-EBITDA Historical Data

The historical data trend for Quisitive Technology Solutions'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.

Quisitive Technology Solutions Debt-to-EBITDA Chart

Quisitive Technology Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.51 -10.92 -25.56 5.51 -

Quisitive Technology Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.51 5.14 8.20 3.64 -

Competitive Comparison of Quisitive Technology Solutions's Debt-to-EBITDA

For the Information Technology Services subindustry, Quisitive Technology Solutions'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.


Quisitive Technology Solutions's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where Quisitive Technology Solutions's Debt-to-EBITDA falls into.



Quisitive Technology Solutions Debt-to-EBITDA Calculation

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

Quisitive Technology Solutions'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
=(14.536 + 95.232) / 19.912
=5.51

Quisitive Technology Solutions'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
=(96.178 + 2.392) / 27.112
=3.64

* 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.


Quisitive Technology Solutions  (TSXV:QUIS) 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.


Quisitive Technology Solutions Debt-to-EBITDA Related Terms

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


Quisitive Technology Solutions (TSXV:QUIS) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1
Quisitive Technology Solutions Inc is a Microsoft solutions provider. It offers Microsoft Azure, Microsoft Dynamics business applications and Microsoft O365 as well as proprietary Software as a Service (SaaS) solutions such as CRG emPerform, LedgerPay, and business solutions from other technology partners that complement the Microsoft platform. Its operating segments are Global Cloud Solutions and Global Payment Processing Solutions. Global Cloud Solutions segment contributes majorly in terms of revenue. The company has a business presence in the US and Canada, of which prime revenue is derived from the USA.

Quisitive Technology Solutions (TSXV:QUIS) Headlines

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