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Microsaic Systems (LSE:MSYS) Debt-to-EBITDA : -0.02 (As of Jun. 2023)


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What is Microsaic Systems Debt-to-EBITDA?

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

Microsaic Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.02 Mil. Microsaic Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.02 Mil. Microsaic Systems's annualized EBITDA for the quarter that ended in Jun. 2023 was £-2.02 Mil. Microsaic Systems's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 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 Microsaic Systems's Debt-to-EBITDA or its related term are showing as below:

LSE:MSYS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.06   Med: -0.03   Max: -0.02
Current: -0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Microsaic Systems was -0.02. The lowest was -0.06. And the median was -0.03.

LSE:MSYS's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs LSE:MSYS: -0.02

Microsaic Systems Debt-to-EBITDA Historical Data

The historical data trend for Microsaic Systems'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.

Microsaic Systems Debt-to-EBITDA Chart

Microsaic Systems Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.06 -0.02 -0.04 -0.03

Microsaic Systems Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - -0.05 -0.07 -0.02 -0.02

Competitive Comparison of Microsaic Systems's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Microsaic Systems'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.


Microsaic Systems's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Microsaic Systems Debt-to-EBITDA Calculation

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

Microsaic Systems's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.053 + 0.003) / -2.247
=-0.02

Microsaic Systems's annualized Debt-to-EBITDA for the quarter 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
=(0.018 + 0.021) / -2.024
=-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 two times the quarterly (Jun. 2023) EBITDA data.


Microsaic Systems  (LSE:MSYS) 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.


Microsaic Systems Debt-to-EBITDA Related Terms

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


Microsaic Systems (LSE:MSYS) Business Description

Traded in Other Exchanges
N/A
Address
Boundary Road, GMS House, Woking, Surrey, GBR, GU21 5BX
Microsaic Systems PLC is a technology company. It is involved in the commercialization and development of miniaturized micro-engineering equipment, originally for mass spectrometry instruments but now to include integration of AI and Internet of Things analytical sensors for existing and new clients to generate recurring shared revenues for monitoring across biologic bio-processing, environmental and human health and likely to extend to aviation, the food industry and oil & gas sectors. The company has one business segment, being the research, development and commercialization of scientific instruments. It derives revenue from sales of products, consumables and services and support income.

Microsaic Systems (LSE:MSYS) Headlines

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