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C Mer Industries (XTAE:CMER) Debt-to-EBITDA : 9.85 (As of Dec. 2023)


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What is C Mer Industries Debt-to-EBITDA?

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

C Mer Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪124.4 Mil. C Mer Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪66.2 Mil. C Mer Industries's annualized EBITDA for the quarter that ended in Dec. 2023 was ₪19.4 Mil. C Mer Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.85.

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 C Mer Industries's Debt-to-EBITDA or its related term are showing as below:

XTAE:CMER' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -147.81   Med: 8.3   Max: 86.23
Current: 3.17

During the past 11 years, the highest Debt-to-EBITDA Ratio of C Mer Industries was 86.23. The lowest was -147.81. And the median was 8.30.

XTAE:CMER's Debt-to-EBITDA is ranked worse than
67.36% of 1728 companies
in the Hardware industry
Industry Median: 1.805 vs XTAE:CMER: 3.17

C Mer Industries Debt-to-EBITDA Historical Data

The historical data trend for C Mer Industries'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.

C Mer Industries Debt-to-EBITDA Chart

C Mer Industries 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 47.27 16.66 5.07 5.93 3.17

C Mer Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 15.29 3.61 2.66 2.30 9.85

Competitive Comparison of C Mer Industries's Debt-to-EBITDA

For the Communication Equipment subindustry, C Mer Industries'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.


C Mer Industries's Debt-to-EBITDA Distribution in the Hardware Industry

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

* The bar in red indicates where C Mer Industries's Debt-to-EBITDA falls into.



C Mer Industries Debt-to-EBITDA Calculation

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

C Mer Industries'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
=(124.433 + 66.172) / 60.074
=3.17

C Mer Industries'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
=(124.433 + 66.172) / 19.352
=9.85

* 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 (Dec. 2023) EBITDA data.


C Mer Industries  (XTAE:CMER) 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.


C Mer Industries Debt-to-EBITDA Related Terms

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


C Mer Industries (XTAE:CMER) Business Description

Traded in Other Exchanges
N/A
Address
5 Hatzoref Street, Holon, ISR, 5885633
C Mer Industries Ltd offers a diverse portfolio of technology-based solutions and end-to-end services that include consultancy, development, engineering, and manufacturing, as well as integration and implementation. Its solutions and products include Communications Infrastructure, Safe and Smart City, Homeland Security, Emergency Response Management and Mobile Platforms among others.

C Mer Industries (XTAE:CMER) Headlines

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