Doctor Care Anywhere Group (ASX:DOC) Debt-to-EBITDA : -1.47 (As of Dec. 2023)

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What is Doctor Care Anywhere Group Debt-to-EBITDA?

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

Doctor Care Anywhere Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$8.02 Mil. Doctor Care Anywhere Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$12.40 Mil. Doctor Care Anywhere Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-13.87 Mil. Doctor Care Anywhere Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.47.

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

ASX:DOC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.49 Med: -0.72 Max: -0.16
Current: -1.49

During the past 4 years, the highest Debt-to-EBITDA Ratio of Doctor Care Anywhere Group was -0.16. The lowest was -1.49. And the median was -0.72.

ASX:DOC's Debt-to-EBITDA is ranked worse than
100% of 430 companies
in the Healthcare Providers & Services industry
Industry Median: 2.54 vs ASX:DOC: -1.49

Doctor Care Anywhere Group Debt-to-EBITDA Historical Data

The historical data trend for Doctor Care Anywhere 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.

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Doctor Care Anywhere Group Debt-to-EBITDA Chart

Doctor Care Anywhere Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.16

-1.29

Doctor Care Anywhere Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-	-	-1.07	-1.47

Competitive Comparison of Doctor Care Anywhere Group's Debt-to-EBITDA

For the Health Information Services subindustry, Doctor Care Anywhere 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.

Doctor Care Anywhere Group's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

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

Doctor Care Anywhere Group Debt-to-EBITDA Calculation

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

Doctor Care Anywhere Group's Debt-to-EBITDA for the fiscal year 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
	=	(8.015	+	12.396)	/	-15.799
	=	-1.29

Doctor Care Anywhere 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
	=	(8.015	+	12.396)	/	-13.874
	=	-1.47

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.

Doctor Care Anywhere Group (ASX:DOC) 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.

Doctor Care Anywhere Group Debt-to-EBITDA Related Terms

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Doctor Care Anywhere Group (ASX:DOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Doctor Care Anywhere Group PLC (ASX:DOC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

13-15 Bouverie Street, 2nd Floor, London, GBR, EC4Y 8DP

Website

https://www.doctorcareanywhere.com

Doctor Care Anywhere Group PLC is a telehealth company that provides clinical care through digitally enabled, joined-up, evidence-based pathways on its proprietary platform. It utilizes its relationships with health insurers, healthcare providers, and corporate customers to connect with patients to deliver a range of telehealth services. The Group provides virtual healthcare services, technology platform licencing, and digital design services, within the United Kingdom, Australia, and the Republic of Ireland. The company derives the majority of its revenue from the UK and Ireland.