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TripSitter Clinic (TripSitter Clinic) Debt-to-EBITDA : -0.75 (As of Oct. 2023)


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What is TripSitter Clinic Debt-to-EBITDA?

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

TripSitter Clinic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.19 Mil. TripSitter Clinic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. TripSitter Clinic's annualized EBITDA for the quarter that ended in Oct. 2023 was $-0.25 Mil. TripSitter Clinic's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -0.75.

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 TripSitter Clinic's Debt-to-EBITDA or its related term are showing as below:

TSTTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.56   Med: -0.09   Max: -0.07
Current: -0.56

During the past 3 years, the highest Debt-to-EBITDA Ratio of TripSitter Clinic was -0.07. The lowest was -0.56. And the median was -0.09.

TSTTF's Debt-to-EBITDA is ranked worse than
100% of 423 companies
in the Healthcare Providers & Services industry
Industry Median: 2.61 vs TSTTF: -0.56

TripSitter Clinic Debt-to-EBITDA Historical Data

The historical data trend for TripSitter Clinic'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.

TripSitter Clinic Debt-to-EBITDA Chart

TripSitter Clinic Annual Data
Trend Jan21 Jan22 Jan23
Debt-to-EBITDA
-0.10 - -0.07

TripSitter Clinic Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.12 -1.79 -0.98 -0.75

Competitive Comparison of TripSitter Clinic's Debt-to-EBITDA

For the Health Information Services subindustry, TripSitter Clinic'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.


TripSitter Clinic's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

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



TripSitter Clinic Debt-to-EBITDA Calculation

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

TripSitter Clinic's Debt-to-EBITDA for the fiscal year that ended in Jan. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.1 + 0) / -1.387
=-0.07

TripSitter Clinic's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.185 + 0) / -0.248
=-0.75

* 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 (Oct. 2023) EBITDA data.


TripSitter Clinic  (OTCPK:TSTTF) 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.


TripSitter Clinic Debt-to-EBITDA Related Terms

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


TripSitter Clinic (TripSitter Clinic) Business Description

Traded in Other Exchanges
Address
77 King Street West, Suite 700, Toronto, ON, CAN, M5K 1G8
TripSitter Clinic Ltd is a consultative virtual clinic and telehealth platform that connects prospective patients to a licensed physician in the United States who can evaluate for a prescribed treatment program of low-dose, oral ketamine medication. Its revenues are generated from the provision of initial consultations and monthly subscriptions to patients seeking mental health treatment that includes legal psychedelic medicine connected with licensed medical practitioners.