Ilika (AQSE:IKA.GB) Debt-to-EBITDA : -0.13 (As of Oct. 2023)

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

What is Ilika Debt-to-EBITDA?

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

Ilika's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.21 Mil. Ilika's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.32 Mil. Ilika's annualized EBITDA for the quarter that ended in Oct. 2023 was £-3.93 Mil. Ilika's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -0.13.

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

AQSE:IKA.GB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.31 Med: -0.11 Max: -0.09
Current: -0.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ilika was -0.09. The lowest was -0.31. And the median was -0.11.

AQSE:IKA.GB's Debt-to-EBITDA is ranked worse than
100% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs AQSE:IKA.GB: -0.10

Ilika Debt-to-EBITDA Historical Data

The historical data trend for Ilika'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.

Ilika Debt-to-EBITDA Chart

Ilika Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-EBITDA

Get a 7-Day Free Trial

-0.10

-0.31

-0.12

-0.09

Ilika Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.12	-0.11	-0.09	-0.10	-0.13

Competitive Comparison of Ilika's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Ilika'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.

Ilika's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ilika's Debt-to-EBITDA distribution charts can be found below:

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

Ilika Debt-to-EBITDA Calculation

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

Ilika's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.261	+	0.358)	/	-7.297
	=	-0.08

Ilika'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
	=	(0.206	+	0.318)	/	-3.928
	=	-0.13

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 (Oct. 2023) EBITDA data.

Ilika (AQSE:IKA.GB) 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.

Ilika Debt-to-EBITDA Related Terms

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

Ilika (AQSE:IKA.GB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ilika PLC (AQSE:IKA.GB) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ILIKF:USA IKA:UK I8A:Germany

Address

Unit 10a, The Quadrangle, Abbey Park Industrial Estate, Romsey, GBR, SO51 9DL

Website

https://www.ilika.com

Ilika PLC is a pioneer in solid-state battery technology with its innovative Stereax micro batteries designed for Industrial IoT and MedTech markets. It also offers Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries that provide the specific power requirements to IoT or MedTech applications. Stereax battery technology offers compelling advantages over conventional lithium-ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability. Stereax solid state batteries are also customisable in shape and form, stackable and operational at high temperatures.

Ilika (AQSE:IKA.GB) Headlines

No Headlines