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Aisix Solutions (Aisix Solutions) Debt-to-EBITDA : -0.11 (As of Mar. 2024)


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What is Aisix Solutions Debt-to-EBITDA?

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

Aisix Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.03 Mil. Aisix Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.08 Mil. Aisix Solutions's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.04 Mil. Aisix Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.11.

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

AISXF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.11   Med: -0.03   Max: 0
Current: -0.1

AISXF's Debt-to-EBITDA is ranked worse than
100% of 1611 companies
in the Software industry
Industry Median: 1.06 vs AISXF: -0.10

Aisix Solutions Debt-to-EBITDA Historical Data

The historical data trend for Aisix Solutions'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.

Aisix Solutions Debt-to-EBITDA Chart

Aisix Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.03 -0.02 - -0.11 -0.10

Aisix Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.12 -0.58 -0.06 -0.12 -0.11

Competitive Comparison of Aisix Solutions's Debt-to-EBITDA

For the Software - Application subindustry, Aisix Solutions'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.


Aisix Solutions's Debt-to-EBITDA Distribution in the Software Industry

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

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



Aisix Solutions Debt-to-EBITDA Calculation

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

Aisix Solutions'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
=(0.036 + 0.083) / -1.148
=-0.10

Aisix Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.033 + 0.082) / -1.036
=-0.11

* 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 (Mar. 2024) EBITDA data.


Aisix Solutions  (OTCPK:AISXF) 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.


Aisix Solutions Debt-to-EBITDA Related Terms

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


Aisix Solutions (Aisix Solutions) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 810, Vancouver, BC, CAN, V6E 3Z3
Aisix Solutions Inc Formerly Minerva Intelligence Inc is engaged in developing and marketing AI software products to various industries with technical and scientific data. Its AI Platform combines human domain expertise with information from public and private databases in a cognitive computer reasoning system to carry out complex tasks faster. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States.