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Alcidion Group (ASX:ALC) Debt-to-EBITDA : -0.53 (As of Jun. 2024)


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What is Alcidion Group Debt-to-EBITDA?

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

Alcidion Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.70 Mil. Alcidion Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$1.00 Mil. Alcidion Group's annualized EBITDA for the quarter that ended in Jun. 2024 was A$-3.20 Mil. Alcidion Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.53.

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

ASX:ALC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.57   Med: -0.38   Max: 0
Current: -0.38

ASX:ALC's Debt-to-EBITDA is ranked worse than
100% of 447 companies
in the Healthcare Providers & Services industry
Industry Median: 2.45 vs ASX:ALC: -0.38

Alcidion Group Debt-to-EBITDA Historical Data

The historical data trend for Alcidion Group'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.

Alcidion Group Debt-to-EBITDA Chart

Alcidion Group 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 -0.08 -0.38 -1.57 -1.51 -0.38

Alcidion Group 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 0.33 -1.08 -3.95 -0.36 -0.53

Competitive Comparison of Alcidion Group's Debt-to-EBITDA

For the Health Information Services subindustry, Alcidion Group'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.


Alcidion Group's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

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



Alcidion Group Debt-to-EBITDA Calculation

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

Alcidion Group'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
=(0.697 + 0.998) / -4.496
=-0.38

Alcidion Group'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
=(0.697 + 0.998) / -3.204
=-0.53

* 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.


Alcidion Group  (ASX:ALC) 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.


Alcidion Group Debt-to-EBITDA Related Terms

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


Alcidion Group Business Description

Traded in Other Exchanges
N/A
Address
9 Yarra Street, Level 10, South Yarra, Melbourne, VIC, AUS, 3141
Alcidion Group Ltd is a provider of intelligent informatics software. The company builds, sells, delivers, runs, and supports solutions for healthcare provider organizations. It offers solutions such as Miya ED, Miya Patient Flow, Miya Revenue and Reimbursement, Smartpage, and others. Geographically, it derives a majority of its revenue from Australia/New Zealand and also has a presence in the United Kingdom.