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VIP Entertainment Technologies (TSXV:VIP) Debt-to-EBITDA : -0.44 (As of Dec. 2023)


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What is VIP Entertainment Technologies Debt-to-EBITDA?

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

VIP Entertainment Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.16 Mil. VIP Entertainment Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. VIP Entertainment Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.36 Mil. VIP Entertainment Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.44.

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 VIP Entertainment Technologies's Debt-to-EBITDA or its related term are showing as below:

TSXV:VIP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13   Med: -0.08   Max: -0.08
Current: -0.13

During the past 5 years, the highest Debt-to-EBITDA Ratio of VIP Entertainment Technologies was -0.08. The lowest was -0.13. And the median was -0.08.

TSXV:VIP's Debt-to-EBITDA is ranked worse than
100% of 626 companies
in the Travel & Leisure industry
Industry Median: 2.82 vs TSXV:VIP: -0.13

VIP Entertainment Technologies Debt-to-EBITDA Historical Data

The historical data trend for VIP Entertainment Technologies'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.

VIP Entertainment Technologies Debt-to-EBITDA Chart

VIP Entertainment Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Dec23
Debt-to-EBITDA
N/A - - - -0.08

VIP Entertainment Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -0.01 - -0.03 -0.05 -0.44

Competitive Comparison of VIP Entertainment Technologies's Debt-to-EBITDA

For the Gambling subindustry, VIP Entertainment Technologies'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.


VIP Entertainment Technologies's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, VIP Entertainment Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where VIP Entertainment Technologies's Debt-to-EBITDA falls into.



VIP Entertainment Technologies Debt-to-EBITDA Calculation

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

VIP Entertainment Technologies'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
=(0.158 + 0) / -1.881
=-0.08

VIP Entertainment Technologies'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
=(0.158 + 0) / -0.36
=-0.44

* 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 (Dec. 2023) EBITDA data.


VIP Entertainment Technologies  (TSXV:VIP) 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.


VIP Entertainment Technologies Debt-to-EBITDA Related Terms

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


VIP Entertainment Technologies (TSXV:VIP) Business Description

Traded in Other Exchanges
Address
500 - 4th Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 2V6
VIP Entertainment Technologies Inc is an entertainment and gaming company offering legal real-money betting on sports, casinos, poker, and esports events in online environments. The Company's principal business activity is the development of online poker and other sports betting products. It delivers sports betting, casino games, and poker through its VIP Bets platform.

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