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EMvision Medical Devices (ASX:EMV) Debt-to-EBITDA : -0.40 (As of Dec. 2024)


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What is EMvision Medical Devices Debt-to-EBITDA?

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

EMvision Medical Devices's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. EMvision Medical Devices's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$2.26 Mil. EMvision Medical Devices's annualized EBITDA for the quarter that ended in Dec. 2024 was A$-5.63 Mil. EMvision Medical Devices's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.40.

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 EMvision Medical Devices's Debt-to-EBITDA or its related term are showing as below:

ASX:EMV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.93   Med: -0.5   Max: -0.03
Current: -0.46

During the past 6 years, the highest Debt-to-EBITDA Ratio of EMvision Medical Devices was -0.03. The lowest was -1.93. And the median was -0.50.

ASX:EMV's Debt-to-EBITDA is ranked worse than
100% of 433 companies
in the Medical Devices & Instruments industry
Industry Median: 1.39 vs ASX:EMV: -0.46

EMvision Medical Devices Debt-to-EBITDA Historical Data

The historical data trend for EMvision Medical Devices'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.

EMvision Medical Devices Debt-to-EBITDA Chart

EMvision Medical Devices Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial - -0.03 -0.13 -0.87 -1.93

EMvision Medical Devices Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.55 -0.52 2.42 -0.68 -0.40

Competitive Comparison of EMvision Medical Devices's Debt-to-EBITDA

For the Medical Devices subindustry, EMvision Medical Devices'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.


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

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

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


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EMvision Medical Devices Debt-to-EBITDA Calculation

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

EMvision Medical Devices'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
=(1.07 + 1.831) / -1.506
=-1.93

EMvision Medical Devices'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 + 2.258) / -5.634
=-0.40

* 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 (Dec. 2024) EBITDA data.


EMvision Medical Devices  (ASX:EMV) 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.


EMvision Medical Devices Debt-to-EBITDA Related Terms

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


EMvision Medical Devices Business Description

Traded in Other Exchanges
N/A
Address
65 Epping Road, Suite 4.01, Macquarie Park, NSW, AUS, 2113
EMvision Medical Devices Ltd is an Australian medical device company. The company is focused on the research and development and commercialisation of neurodiagnostic technology for stroke diagnosis and monitoring, as well as other medical imaging needs. Its focus is portable, cost effective and non-invasive brain scanners, including a bedside device (emu) and an ultra-light weight first responder pre-hospital device.

EMvision Medical Devices Headlines

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