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Viratech (Viratech) Debt-to-EBITDA : -2.71 (As of Sep. 2023)


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What is Viratech Debt-to-EBITDA?

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

Viratech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.13 Mil. Viratech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Viratech's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.05 Mil. Viratech's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -2.71.

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

VIRA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.83   Med: 0   Max: 0
Current: -10.83

VIRA's Debt-to-EBITDA is ranked worse than
100% of 627 companies
in the Travel & Leisure industry
Industry Median: 2.83 vs VIRA: -10.83

Viratech Debt-to-EBITDA Historical Data

The historical data trend for Viratech'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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Viratech Debt-to-EBITDA Chart

Viratech Annual Data
Trend
Debt-to-EBITDA

Viratech Quarterly Data
Sep22 Sep23
Debt-to-EBITDA - -2.71

Competitive Comparison of Viratech's Debt-to-EBITDA

For the Leisure subindustry, Viratech'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.


Viratech's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

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

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



Viratech Debt-to-EBITDA Calculation

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

Viratech's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Viratech'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
=(0.13 + 0) / -0.048
=-2.71

* 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.


Viratech  (OTCPK:VIRA) 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.


Viratech Debt-to-EBITDA Related Terms

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


Viratech (Viratech) Business Description

Traded in Other Exchanges
N/A
Address
18186 Chieftain Court, San Diego, CA, USA, 92127
Viratech Corp is a 3D house printing company based in Dubai which aims to revolutionize the construction industry in the UAE with innovative technology. The company is specialized in printing fully functional and livable houses in a fraction of the time and cost compared to traditional construction methods.