CL8 Holdings (ASX:CL8) Debt-to-EBITDA : -0.24 (As of Dec. 2024)

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What is CL8 Holdings Debt-to-EBITDA?

CL8 Holdings ASX:CL8 Debt-to-EBITDA is -0.24 as of Dec. 2024.

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

CL8 Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.40 Mil. CL8 Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.33 Mil. CL8 Holdings's annualized EBITDA for the quarter that ended in Dec. 2024 was A$-3.02 Mil. CL8 Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.24.

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 CL8 Holdings's Debt-to-EBITDA or its related term are showing as below:

ASX:CL8's Debt-to-EBITDA is not ranked ^*
in the Business Services industry.
Industry Median: 1.6
* Ranked among companies with meaningful Debt-to-EBITDA only.

CL8 Holdings (ASX:CL8) 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.

CL8 Holdings Debt-to-EBITDA Related Terms

CL8 Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CL8 Holdings'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.

CL8 Holdings Debt-to-EBITDA Chart

CL8 Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-EBITDA

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-0.18

-0.12

-0.34

-1.49

-3.37

CL8 Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.51	-1.45	-0.40	-3.49	-0.24

ASX:CL8 vs URI, AER, FTAI: Debt-to-EBITDA Comparison

For the Rental & Leasing Services subindustry, CL8 Holdings'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.

CL8 Holdings Debt-to-EBITDA vs Business Services Industry

For the Business Services industry and Industrials sector, CL8 Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CL8 Holdings's Debt-to-EBITDA falls into.

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CL8 Holdings Debt-to-EBITDA Calculation

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

CL8 Holdings'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
	=	(10.336	+	1.238)	/	-3.431
	=	-3.37

CL8 Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.401	+	0.332)	/	-3.018
	=	-0.24

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. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →

What does a Debt-to-EBITDA of -0.24 mean?

CL8 Holdings (ASX:CL8) has a Debt-to-EBITDA of -0.24 as of Dec. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CL8 Holdings.

Is CL8 Holdings' Debt-to-EBITDA too high?

CL8 Holdings' current Debt-to-EBITDA is -0.24.

How does CL8 Holdings' Debt-to-EBITDA compare to URI and AER?

CL8 Holdings' Debt-to-EBITDA of -0.24 can be compared against companies in the Business Services industry. The industry median Debt-to-EBITDA is 1.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Debt-to-EBITDA for a Business Services company?

The median Debt-to-EBITDA among Business Services companies is 1.60, based on 837 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Debt-to-EBITDA mean?

A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on CL8 Holdings. For the Business Services industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CL8 Holdings's current Debt-to-EBITDA is -0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CL8 Holdings stock overvalued right now?

CL8 Holdings (ASX:CL8) has a current Debt-to-EBITDA of -0.24. The current Debt-to-EBITDA is -0.24. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Debt-to-EBITDA calculated?

Debt-to-EBITDA is calculated from a company's financial statements. For CL8 Holdings (ASX:CL8), the current Debt-to-EBITDA is -0.24 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CL8 Holdings Business Description

Industry Industrials Business Services

Comparable Companies ASX:SIV ASX:BPP ASX:AQN URI LSE:AHT AER FTAI UHAL TSX:EFN BSP:RENT3 WSC HRI R XPAR:AYV HKSE:02588 TSE:8439 AL GATX XTER:SIX2 CAR

Address 189 Kent Street, Suite 2, Level 3, Sydney, NSW, AUS, 2000

Website https://www.investors.carly.co

CL8 Holdings Ltd operates is an Australian online technology company engaged in the business of car subscription industry in Australia and New Zealand.