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Ava Risk Group (ASX:AVA) Debt-to-EBITDA : -1.01 (As of Jun. 2024)


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What is Ava Risk Group Debt-to-EBITDA?

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

Ava Risk Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$2.28 Mil. Ava Risk Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.74 Mil. Ava Risk Group's annualized EBITDA for the quarter that ended in Jun. 2024 was A$-2.99 Mil. Ava Risk Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -1.01.

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

ASX:AVA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.2   Med: 0.02   Max: 2
Current: -1.2

During the past 10 years, the highest Debt-to-EBITDA Ratio of Ava Risk Group was 2.00. The lowest was -1.20. And the median was 0.02.

ASX:AVA's Debt-to-EBITDA is ranked worse than
100% of 828 companies
in the Business Services industry
Industry Median: 1.905 vs ASX:AVA: -1.20

Ava Risk Group Debt-to-EBITDA Historical Data

The historical data trend for Ava Risk 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.

Ava Risk Group Debt-to-EBITDA Chart

Ava Risk 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 0.10 0.03 0.21 2.00 -1.20

Ava Risk Group Semi-Annual Data
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 0.11 1.29 6.64 -1.54 -1.01

Competitive Comparison of Ava Risk Group's Debt-to-EBITDA

For the Security & Protection Services subindustry, Ava Risk 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.


Ava Risk Group's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ava Risk Group's Debt-to-EBITDA distribution charts can be found below:

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



Ava Risk Group Debt-to-EBITDA Calculation

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

Ava Risk 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
=(2.278 + 0.743) / -2.518
=-1.20

Ava Risk 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
=(2.278 + 0.743) / -2.994
=-1.01

* 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.


Ava Risk Group  (ASX:AVA) 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.


Ava Risk Group Debt-to-EBITDA Related Terms

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


Ava Risk Group Business Description

Traded in Other Exchanges
N/A
Address
10 Hartnett Close, Mulgrave, VIC, AUS, 3170
Ava Risk Group Ltd is engaged in risk management services and technologies. The Group operates in Detect, Access, and Illuminate, which are its reportable segments. The group provides a range of complementary solutions such as intrusion detection and location for perimeters, pipelines and data networks, biometric and card access control as well to provide secure international logistics of high-risk valuables, precious metals & currency. Its geographical areas include Australia, Asia Pacific, India, Middle East & North Africa, Europe, the United States, and the Rest of the world.