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Aeris Environmental (ASX:AEI) Debt-to-EBITDA : -0.38 (As of Jun. 2024)


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What is Aeris Environmental Debt-to-EBITDA?

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

Aeris Environmental's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.06 Mil. Aeris Environmental's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.86 Mil. Aeris Environmental's annualized EBITDA for the quarter that ended in Jun. 2024 was A$-2.39 Mil. Aeris Environmental's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.38.

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

ASX:AEI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.35   Med: -0.31   Max: 0.25
Current: -0.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aeris Environmental was 0.25. The lowest was -1.35. And the median was -0.31.

ASX:AEI's Debt-to-EBITDA is ranked worse than
100% of 2275 companies
in the Industrial Products industry
Industry Median: 1.7 vs ASX:AEI: -0.31

Aeris Environmental Debt-to-EBITDA Historical Data

The historical data trend for Aeris Environmental'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.

Aeris Environmental Debt-to-EBITDA Chart

Aeris Environmental Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 -0.06 - -0.03 -0.31

Aeris Environmental Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - -0.01 -0.03 -0.03 -0.38

Competitive Comparison of Aeris Environmental's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Aeris Environmental'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.


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

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

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



Aeris Environmental Debt-to-EBITDA Calculation

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

Aeris Environmental's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.058 + 0.859) / -2.978
=-0.31

Aeris Environmental's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.058 + 0.859) / -2.388
=-0.38

* 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 (Jun. 2024) EBITDA data.


Aeris Environmental  (ASX:AEI) 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.


Aeris Environmental Debt-to-EBITDA Related Terms

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


Aeris Environmental Business Description

Traded in Other Exchanges
N/A
Address
Unit 5, 26-34 Dunning Avenue, Level 1, Rosebery, Sydney, NSW, AUS, 2018
Aeris Environmental Ltd is engaged in the research, development, commercialization of proprietary technologies, and distribution of HVAC/R Hygiene, anti-corrosion, and disinfectant products. The company provides various solutions and products such as Aerisview, Aerisguard Polymers, Aeris Smarthub, Bioactive Coil Treatment, Multi Enzyme Coil Cleaner, Surface Treatment, HD Cleaner, and others. Its geographic reportable segments are Australia and International. The company generates a majority of its revenue from Australia.

Aeris Environmental Headlines