Compumedics (ASX:CMP) Debt-to-EBITDA : 2.13 (As of Dec. 2023)

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What is Compumedics Debt-to-EBITDA?

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

Compumedics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$8.14 Mil. Compumedics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.09 Mil. Compumedics's annualized EBITDA for the quarter that ended in Dec. 2023 was A$4.33 Mil. Compumedics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.13.

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

ASX:CMP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.87 Med: 0.42 Max: 2.27
Current: 2.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Compumedics was 2.27. The lowest was -1.87. And the median was 0.42.

ASX:CMP's Debt-to-EBITDA is ranked worse than
62.67% of 434 companies
in the Medical Devices & Instruments industry
Industry Median: 1.23 vs ASX:CMP: 2.08

Compumedics Debt-to-EBITDA Historical Data

The historical data trend for Compumedics'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.

Compumedics Debt-to-EBITDA Chart

Compumedics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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0.28

-0.89

2.27

1.98

-1.87

Compumedics Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															2.95	1.59	-1.03	2.08	2.13

Competitive Comparison of Compumedics's Debt-to-EBITDA

For the Medical Devices subindustry, Compumedics'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.

Compumedics's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Compumedics's Debt-to-EBITDA distribution charts can be found below:

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

Compumedics Debt-to-EBITDA Calculation

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

Compumedics'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
	=	(7.906	+	1.56)	/	-5.054
	=	-1.87

Compumedics'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
	=	(8.137	+	1.088)	/	4.326
	=	2.13

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.

Compumedics (ASX:CMP) 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.

Compumedics Debt-to-EBITDA Related Terms

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

Compumedics (ASX:CMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Compumedics Ltd (ASX:CMP) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-40 Flockhart Street, Abbotsford, Melbourne, VIC, AUS, 3067

Website

https://www.compumedics.com.au

Compumedics Ltd is a medical device company. It is engaged in the development, manufacture, and commercialisation of diagnostic technologies for sleep, brain and ultrasonic blood-flow monitoring applications. The company is organized into geographical operating segments, being the United States of Americas, Australia and the Asia Pacific, and Europe and the Middle East. It derives a majority of its revenue from Australia and the Asia Pacific region.