Alterra (ASX:1AG) Debt-to-EBITDA : -10.07 (As of Sep. 2023)

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What is Alterra Debt-to-EBITDA?

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

Alterra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.46 Mil. Alterra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$17.72 Mil. Alterra's annualized EBITDA for the quarter that ended in Sep. 2023 was A$-1.81 Mil. Alterra's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -10.07.

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

ASX:1AG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.79 Med: -2.23 Max: 1.66
Current: -10.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alterra was 1.66. The lowest was -10.79. And the median was -2.23.

ASX:1AG's Debt-to-EBITDA is ranked worse than
100% of 830 companies
in the Business Services industry
Industry Median: 1.835 vs ASX:1AG: -10.17

Alterra Debt-to-EBITDA Historical Data

The historical data trend for Alterra'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.

Alterra Debt-to-EBITDA Chart

Alterra Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-EBITDA

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-2.48

-5.15

-6.66

-10.79

-10.17

Alterra Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															-65.73	-5.42	2,398.00	-10.27	-10.07

Competitive Comparison of Alterra's Debt-to-EBITDA

For the Specialty Business Services subindustry, Alterra'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.

Alterra's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alterra's Debt-to-EBITDA distribution charts can be found below:

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

Alterra Debt-to-EBITDA Calculation

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

Alterra'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
	=	(0.457	+	17.723)	/	-1.787
	=	-10.17

Alterra'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
	=	(0.457	+	17.723)	/	-1.806
	=	-10.07

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 two times the quarterly (Sep. 2023) EBITDA data.

Alterra (ASX:1AG) 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.

Alterra Debt-to-EBITDA Related Terms

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

Alterra (ASX:1AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Alterra Ltd (ASX:1AG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

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Address

150 Saint Georges Terrace, Level 3, Perth, WA, AUS, 6000

Website

http://www.alterra.com.au

Alterra Ltd is an asset manager that provides origination, development and management services for land and water assets in Australia. It works directly with landowners and agricultural producers to unlock and reposition water assets through a change in land use, ownership structure, regulatory management and application of technical know-how to create large-scale horticultural assets. Its projects include The Carpenters Project which is involved in Avocado development and Carbon Conscious under which it is involved in the development of land use change opportunities for carbon sequestration in Australia and New Zealand. The company's operating segments include Asset management; Asset development; Business development and Corporate. It generates maximum revenue from the Corporate segment.

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