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Binovi Technologies (Binovi Technologies) Debt-to-EBITDA : -0.02 (As of Feb. 2022)


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What is Binovi Technologies Debt-to-EBITDA?

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

Binovi Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2022 was $0.68 Mil. Binovi Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2022 was $0.03 Mil. Binovi Technologies's annualized EBITDA for the quarter that ended in Feb. 2022 was $-37.61 Mil. Binovi Technologies's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2022 was -0.02.

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

BNVIF's Debt-to-EBITDA is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.57
* Ranked among companies with meaningful Debt-to-EBITDA only.

Binovi Technologies Debt-to-EBITDA Historical Data

The historical data trend for Binovi 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.

Binovi Technologies Debt-to-EBITDA Chart

Binovi Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 -0.01 -0.06

Binovi Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 -0.01 -0.04 -0.25 -0.34 -0.02

Competitive Comparison of Binovi Technologies's Debt-to-EBITDA

For the Health Information Services subindustry, Binovi 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.


Binovi Technologies's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Binovi Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Binovi Technologies Debt-to-EBITDA Calculation

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

Binovi Technologies's Debt-to-EBITDA for the fiscal year that ended in Feb. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.677 + 0.029) / -11.904
=-0.06

Binovi Technologies's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.677 + 0.029) / -37.608
=-0.02

* 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 (Feb. 2022) EBITDA data.


Binovi Technologies  (OTCPK:BNVIF) 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.


Binovi Technologies Debt-to-EBITDA Related Terms

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


Binovi Technologies (Binovi Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.

Binovi Technologies (Binovi Technologies) Headlines

From GuruFocus

Binovi Closes Private Placement of $2.05 Million

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By ACCESSWIRE ACCESSWIRE 04-17-2021

Binovi Announces Management and Board Changes

By ACCESSWIRE ACCESSWIRE 09-21-2021

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