Halo Technologies Holdings (ASX:HAL) Debt-to-EBITDA : -0.01 (As of Dec. 2023)

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What is Halo Technologies Holdings Debt-to-EBITDA?

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

Halo Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.04 Mil. Halo Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Halo Technologies Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-6.82 Mil. Halo Technologies Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.01.

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

ASX:HAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.07 Med: -0.04 Max: -0.01
Current: -0.01

During the past 3 years, the highest Debt-to-EBITDA Ratio of Halo Technologies Holdings was -0.01. The lowest was -0.07. And the median was -0.04.

ASX:HAL's Debt-to-EBITDA is ranked worse than
100% of 1612 companies
in the Software industry
Industry Median: 1.06 vs ASX:HAL: -0.01

Halo Technologies Holdings Debt-to-EBITDA Historical Data

The historical data trend for Halo Technologies 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.

* Premium members only.

Halo Technologies Holdings Debt-to-EBITDA Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

N/A

-0.07

-0.01

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	-	-0.06	-	-0.01

Competitive Comparison of Halo Technologies Holdings's Debt-to-EBITDA

For the Software - Application subindustry, Halo Technologies 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.

Halo Technologies Holdings's Debt-to-EBITDA Distribution in the Software Industry

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

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

Halo Technologies Holdings Debt-to-EBITDA Calculation

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

Halo Technologies Holdings'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
	=	(0.043	+	0)	/	-6.555
	=	-0.01

Halo Technologies Holdings'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
	=	(0.043	+	0)	/	-6.82
	=	-0.01

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.

Halo Technologies Holdings (ASX:HAL) 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.

Halo Technologies Holdings Debt-to-EBITDA Related Terms

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

Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.