Comms Group (ASX:CCG) Debt-to-EBITDA : 8.42 (As of Dec. 2023)

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What is Comms Group Debt-to-EBITDA?

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

Comms Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.41 Mil. Comms Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$7.13 Mil. Comms Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$1.01 Mil. Comms Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.42.

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

ASX:CCG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.01 Med: 0.76 Max: 5.92
Current: 5.92

During the past 6 years, the highest Debt-to-EBITDA Ratio of Comms Group was 5.92. The lowest was -0.01. And the median was 0.76.

ASX:CCG's Debt-to-EBITDA is ranked worse than
87.16% of 1612 companies
in the Software industry
Industry Median: 1.06 vs ASX:CCG: 5.92

Comms Group Debt-to-EBITDA Historical Data

The historical data trend for Comms 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.

Comms Group Debt-to-EBITDA Chart

Comms Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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0.60

0.92

5.84

2.55

Comms Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial								0.79	5.78	0.27	6.05	8.42

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

For the Information Technology Services subindustry, Comms 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.

Comms Group's Debt-to-EBITDA Distribution in the Software Industry

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

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

Comms Group Debt-to-EBITDA Calculation

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

Comms Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.85	+	9.478)	/	4.447
	=	2.55

Comms Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.409	+	7.128)	/	1.014
	=	8.42

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 (Dec. 2023) EBITDA data.

Comms Group (ASX:CCG) 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.

Comms Group Debt-to-EBITDA Related Terms

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

Comms Group (ASX:CCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Comms Group Ltd (ASX:CCG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Clarence Street, Level 3, Sydney, NSW, AUS, 2000

Website

https://www.commsgroup.limited

Comms Group Ltd is an information and communication technology (ICT) business, providing a comprehensive vendor-agnostic ICT managed service. The company's segment includes Global; SME and ICT. It generates revenue from Voice; Data and Managed service. Geographically, It derives revenue from Australia. The company's product categories include Connect; Collaborate and Manage. The company generates the majority of its revenue from the SME segment.

Comms Group (ASX:CCG) Headlines

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