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Sundance Strategies (Sundance Strategies) Debt-to-EBITDA : -3.51 (As of Dec. 2023)


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What is Sundance Strategies Debt-to-EBITDA?

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

Sundance Strategies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.35 Mil. Sundance Strategies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.20 Mil. Sundance Strategies's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1.01 Mil. Sundance Strategies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -3.51.

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

SUND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.41   Med: -1.09   Max: 20.19
Current: -1.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sundance Strategies was 20.19. The lowest was -18.41. And the median was -1.09.

SUND's Debt-to-EBITDA is ranked worse than
100% of 293 companies
in the Insurance industry
Industry Median: 1.45 vs SUND: -1.67

Sundance Strategies Debt-to-EBITDA Historical Data

The historical data trend for Sundance Strategies'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.

Sundance Strategies Debt-to-EBITDA Chart

Sundance Strategies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.85 -2.61 -2.10 -1.34 -1.39

Sundance Strategies 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 -1.50 -0.56 -3.66 -9.58 -3.51

Competitive Comparison of Sundance Strategies's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Sundance Strategies'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.


Sundance Strategies's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Sundance Strategies's Debt-to-EBITDA distribution charts can be found below:

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



Sundance Strategies Debt-to-EBITDA Calculation

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

Sundance Strategies's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.176 + 2.281) / -2.482
=-1.39

Sundance Strategies'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
=(0.35 + 3.2) / -1.012
=-3.51

* 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.


Sundance Strategies  (OTCPK:SUND) 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.


Sundance Strategies Debt-to-EBITDA Related Terms

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


Sundance Strategies (Sundance Strategies) Business Description

Traded in Other Exchanges
N/A
Address
4626 North 300 West, Suite No. 365, Provo, UT, USA, 84604
Sundance Strategies Inc is a specialty financial services company. It is engaged in the business of purchasing or acquiring life insurance policies and residual interests in or financial products tied to life insurance policies and residual interests involving life insurance policies and financial products. The company focuses on the purchase and sale of net insurance benefit contracts (NIB) based on life insurance policies.
Executives
Randall F. Pearson director, officer: President 770 S. PALISADE DR., OREM UT 84097
Kraig Higginson director 2296 NORTH 470 E, PROVO UT 84604
Matthew G. Pearson officer: Chief Operating Officer P.O. BOX 680518, PARK CITY UT 84068
Ty D. Mattingly director, 10 percent owner 22 WEST 620 SOUTH, OREM UT 84058
Glenn S. Dickman director, officer: Secretary 13559 TUSCALEE WAY, DRAPER UT 84020
Mitchell D. Burton 10 percent owner 1343 S. 1100 E., OREM UT 84097
Jonathan Craig Moffitt director, officer: President and CEO 4626 NORTH 300 WEST, SUITE 375, PROVO UT 84604
Del R. Higginson director, officer: CFO, Secretary and Treasurer 11148 NORTH SUNFLOWER DRIVE, HIGHLAND UT 84003
Kelly Trimble 10 percent owner 4685 HIGHLAND DRIVE, SUITE #207, SALT LAKE CITY UT 84117
Mark C Burdge director, 10 percent owner 815 EAST OSMOND LANE, PROVO UT 84604
Howard Abrams director, officer: CEO and CFO
Mark Sansom other: No longer a 10% holder 4061 POWER CIRCLE, SALT LAKE CITY UT 84124
Globe Energy Technologies, Llc 10 percent owner 5055 N. EDGEWOOD DR, PO BOX 222, PROVE UT 84604
Lance Musicant director, 10 percent owner, officer: President,CFO, CEO 5017 WILD BUFFALO AVE, LAS VEGAS NV 89131
Allen Musicant director, 10 percent owner, officer: Vice President 5017 WILD BUFFALO AVE, LAS VEGAS NV 89131