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Railtown AI Technologies (XCNQ:RAIL) Debt-to-EBITDA : -0.16 (As of Dec. 2023)


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What is Railtown AI Technologies Debt-to-EBITDA?

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

Railtown AI Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.03 Mil. Railtown AI Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.45 Mil. Railtown AI Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-2.98 Mil. Railtown AI Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.16.

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

XCNQ:RAIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.23   Med: -0.18   Max: -0.12
Current: -0.2

During the past 4 years, the highest Debt-to-EBITDA Ratio of Railtown AI Technologies was -0.12. The lowest was -0.23. And the median was -0.18.

XCNQ:RAIL's Debt-to-EBITDA is ranked worse than
100% of 1608 companies
in the Software industry
Industry Median: 1.06 vs XCNQ:RAIL: -0.20

Railtown AI Technologies Debt-to-EBITDA Historical Data

The historical data trend for Railtown AI 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.

Railtown AI Technologies Debt-to-EBITDA Chart

Railtown AI Technologies Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
- - -0.12 -0.23

Railtown AI Technologies Quarterly Data
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 -0.27 -0.25 -0.22 -0.18 -0.16

Competitive Comparison of Railtown AI Technologies's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Railtown AI 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.


Railtown AI Technologies's Debt-to-EBITDA Distribution in the Software Industry

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

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



Railtown AI Technologies Debt-to-EBITDA Calculation

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

Railtown AI Technologies's Debt-to-EBITDA for the fiscal year 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
=(0.03 + 0.455) / -2.075
=-0.23

Railtown AI 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
=(0.032 + 0.449) / -2.976
=-0.16

* 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.


Railtown AI Technologies  (XCNQ:RAIL) 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.


Railtown AI Technologies Debt-to-EBITDA Related Terms

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


Railtown AI Technologies (XCNQ:RAIL) Business Description

Traded in Other Exchanges
Address
8337 Eastlake Drive, Unit 104, Burnaby, BC, CAN, V5A 4W2
Railtown AI Technologies Inc is engaged in the business of developing a software-as-a-service artificial intelligence solution that helps software development teams detect, analyze and fix errors quickly in their development projects. Its Platform allows for real-time exception monitoring and alerting which permits developers, team managers and executives to quickly locate, understand and correct errors in their software development projects and their root causes, thereby preventing system and application downtimes.
Executives
Cory Brandolini 10% Security Holder, Director