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CareView Communications (CareView Communications) Debt-to-EBITDA : -6.05 (As of Dec. 2023)


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What is CareView Communications Debt-to-EBITDA?

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

CareView Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20.89 Mil. CareView Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. CareView Communications's annualized EBITDA for the quarter that ended in Dec. 2023 was $-3.48 Mil. CareView Communications's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -6.05.

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 CareView Communications's Debt-to-EBITDA or its related term are showing as below:

CRVW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -234.12   Med: -25.69   Max: 80.92
Current: -93.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of CareView Communications was 80.92. The lowest was -234.12. And the median was -25.69.

CRVW's Debt-to-EBITDA is ranked worse than
100% of 420 companies
in the Healthcare Providers & Services industry
Industry Median: 2.575 vs CRVW: -93.04

CareView Communications Debt-to-EBITDA Historical Data

The historical data trend for CareView Communications'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.

CareView Communications Debt-to-EBITDA Chart

CareView Communications 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 -35.85 -205.03 -234.12 80.92 -93.04

CareView Communications 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 10.53 -28.87 5.78 92.40 -6.05

Competitive Comparison of CareView Communications's Debt-to-EBITDA

For the Health Information Services subindustry, CareView Communications'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.


CareView Communications's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

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



CareView Communications Debt-to-EBITDA Calculation

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

CareView Communications'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
=(20.888 + 0.139) / -0.226
=-93.04

CareView Communications'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
=(20.888 + 0.139) / -3.476
=-6.05

* 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.


CareView Communications  (OTCPK:CRVW) 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.


CareView Communications Debt-to-EBITDA Related Terms

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


CareView Communications (CareView Communications) Business Description

Traded in Other Exchanges
N/A
Address
405 State Highway 121 Bypass, Suite B-240, Lewisville, TX, USA, 75067
CareView Communications Inc is a United States-based company engaged in providing products and on-demand application services for the healthcare industry, specializing in bedside video monitoring, software tools to improve hospital communications and operations, and patient education and entertainment packages. It has developed a data network system called CareView System, which is a suite of video monitoring, guest services, and related applications that connect patients, families, and healthcare providers. The company also provides services to increase patient satisfaction scores and enhance the overall image of the hospital, including on-demand movies and video visits.
Executives
James R Higgins director 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
L. Allen Wheeler director, 10 percent owner 515 GILL FARRELL, DURANT OK 74701
Stephen G Johnson director, 10 percent owner, officer: President and COO 804 TREE HAVEN CT., HIGHLAND VILLAGE TX 75077
Steven B Epstein director
Jon E Freeman officer: Chief Financial Officer 405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
David Richard White director 405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Jason T Thompson director 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Sandra K Mcree officer: COO 405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Anthony P Piccin officer: Chief Financial Officer 3704 EVERTON DRIVE, FLOWER MOUND TX 75022
Gerald L Murphy director PO BOX 4696, TULSA OK 74159
Jeffrey C Lightcap director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Lp director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Fund Lp director, 10 percent owner Carnegie Hall Tower, 152 West 57th Street, 47th Floor, New York NY 10019
Healthcor Partners Management Gp, Llc director, 10 percent owner 152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Management Lp director, 10 percent owner 701 EAST BAY STREET, SUITE 516, CHARLESTON SC 29403

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