GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartspace Software PLC (LSE:SMRT) » Definitions » Debt-to-EBITDA

Smartspace Software (LSE:SMRT) Debt-to-EBITDA : -0.83 (As of Jul. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Smartspace Software Debt-to-EBITDA?

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

Smartspace Software's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was £0.07 Mil. Smartspace Software's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was £0.23 Mil. Smartspace Software's annualized EBITDA for the quarter that ended in Jul. 2023 was £-0.36 Mil. Smartspace Software's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 was -0.83.

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 Smartspace Software's Debt-to-EBITDA or its related term are showing as below:

LSE:SMRT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.48   Med: -0.25   Max: 26.09
Current: -0.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Smartspace Software was 26.09. The lowest was -12.48. And the median was -0.25.

LSE:SMRT's Debt-to-EBITDA is ranked worse than
100% of 1600 companies
in the Software industry
Industry Median: 1.04 vs LSE:SMRT: -0.52

Smartspace Software Debt-to-EBITDA Historical Data

The historical data trend for Smartspace Software'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.

Smartspace Software Debt-to-EBITDA Chart

Smartspace Software Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.23 -0.27 -0.25 -0.18 -0.55

Smartspace Software Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 -0.18 -0.20 -0.29 -0.77 -0.83

Competitive Comparison of Smartspace Software's Debt-to-EBITDA

For the Software - Application subindustry, Smartspace Software'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.


Smartspace Software's Debt-to-EBITDA Distribution in the Software Industry

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

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



Smartspace Software Debt-to-EBITDA Calculation

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

Smartspace Software'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
=(0.386 + 0.233) / -1.124
=-0.55

Smartspace Software's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.067 + 0.233) / -0.36
=-0.83

* 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 (Jul. 2023) EBITDA data.


Smartspace Software  (LSE:SMRT) 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.


Smartspace Software Debt-to-EBITDA Related Terms

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


Smartspace Software (LSE:SMRT) Business Description

Traded in Other Exchanges
Address
4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL
Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.