X2M Connect (ASX:X2M) Debt-to-EBITDA : -1.07 (As of Dec. 2023)

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What is X2M Connect Debt-to-EBITDA?

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

X2M Connect's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2.80 Mil. X2M Connect's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.78 Mil. X2M Connect's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-4.28 Mil. X2M Connect's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.07.

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 X2M Connect's Debt-to-EBITDA or its related term are showing as below:

ASX:X2M' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.9 Med: -0.3 Max: -0.12
Current: -0.9

During the past 2 years, the highest Debt-to-EBITDA Ratio of X2M Connect was -0.12. The lowest was -0.90. And the median was -0.30.

ASX:X2M's Debt-to-EBITDA is ranked worse than
100% of 1730 companies
in the Hardware industry
Industry Median: 1.79 vs ASX:X2M: -0.90

X2M Connect Debt-to-EBITDA Historical Data

The historical data trend for X2M Connect'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.

X2M Connect Debt-to-EBITDA Chart

X2M Connect Annual Data

Trend

Jun22

Jun23

Debt-to-EBITDA

-0.12

-0.47

X2M Connect Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.06	-0.17	-0.53	-0.42	-1.07

Competitive Comparison of X2M Connect's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, X2M Connect'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.

X2M Connect's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, X2M Connect's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where X2M Connect's Debt-to-EBITDA falls into.

X2M Connect Debt-to-EBITDA Calculation

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

X2M Connect's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.229	+	0.257)	/	-5.263
	=	-0.47

X2M Connect'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
	=	(2.8	+	1.778)	/	-4.278
	=	-1.07

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 (Dec. 2023) EBITDA data.

X2M Connect (ASX:X2M) 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.

X2M Connect Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of X2M Connect's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

X2M Connect (ASX:X2M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » X2M Connect Ltd (ASX:X2M) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

18-24 Ricketts Road, Suite 1.01b, Building B, Mount Waverley, VIC, AUS, 3149

Website

https://www.x2mconnect.com

X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors, and which enables data exchange and control of these devices. The company's geographical segment includes South Korea; China; Taiwan and other countries. It derives a majority of revenue from South Korea.

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