GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Christie Group PLC (LSE:CTG) » Definitions » Debt-to-EBITDA

Christie Group (LSE:CTG) Debt-to-EBITDA : -5.96 (As of Dec. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Christie Group Debt-to-EBITDA?

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

Christie Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £2.02 Mil. Christie Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £8.32 Mil. Christie Group's annualized EBITDA for the quarter that ended in Dec. 2023 was £-1.73 Mil. Christie Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5.96.

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

LSE:CTG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.27   Med: 1.6   Max: 2.59
Current: -8.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Christie Group was 2.59. The lowest was -8.27. And the median was 1.60.

LSE:CTG's Debt-to-EBITDA is ranked worse than
100% of 829 companies
in the Business Services industry
Industry Median: 1.92 vs LSE:CTG: -8.27

Christie Group Debt-to-EBITDA Historical Data

The historical data trend for Christie Group'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.

Christie Group Debt-to-EBITDA Chart

Christie Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 -5.51 1.70 1.61 -8.27

Christie Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.40 2.16 1.44 -14.77 -5.96

Competitive Comparison of Christie Group's Debt-to-EBITDA

For the Specialty Business Services subindustry, Christie Group'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.


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

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

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



Christie Group Debt-to-EBITDA Calculation

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

Christie Group'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
=(2.017 + 8.322) / -1.25
=-8.27

Christie Group'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
=(2.017 + 8.322) / -1.734
=-5.96

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Christie Group  (LSE:CTG) 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.


Christie Group Debt-to-EBITDA Related Terms

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


Christie Group (LSE:CTG) Business Description

Traded in Other Exchanges
N/A
Address
6 Carmelite Street, Whitefriars House, London, GBR, EC4Y 0BS
Christie Group PLC offers a portfolio of professional business services for the leisure, healthcare, education, retail and care sectors. The business of the group is operated through two segments namely Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS). The Professional & Financial Services segment covers business valuation, consultancy & agency, business mortgages & insurance services and business appraisal and the Stock and Inventory Systems and Service segment cover stock audit and counting, compliance, inventory preparation and valuation, hospitality, and software. The company derives maximum revenue from the Professional Business Service segment from Care sector.