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Microequities Asset Management Group (ASX:MAM) Debt-to-EBITDA : 0.26 (As of Dec. 2024)


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What is Microequities Asset Management Group Debt-to-EBITDA?

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

Microequities Asset Management Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$1.02 Mil. Microequities Asset Management Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$3.18 Mil. Microequities Asset Management Group's annualized EBITDA for the quarter that ended in Dec. 2024 was A$16.17 Mil. Microequities Asset Management Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.26.

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 Microequities Asset Management Group's Debt-to-EBITDA or its related term are showing as below:

ASX:MAM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.6
Current: 0.34

During the past 8 years, the highest Debt-to-EBITDA Ratio of Microequities Asset Management Group was 0.60. The lowest was 0.01. And the median was 0.03.

ASX:MAM's Debt-to-EBITDA is ranked better than
69.23% of 351 companies
in the Asset Management industry
Industry Median: 1.41 vs ASX:MAM: 0.34

Microequities Asset Management Group Debt-to-EBITDA Historical Data

The historical data trend for Microequities Asset Management 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.

* Premium members only.

Microequities Asset Management Group Debt-to-EBITDA Chart

Microequities Asset Management Group Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial 0.03 0.01 0.01 0.07 0.60

Microequities Asset Management Group Semi-Annual Data
Jun18 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 Premium Member Only 0.08 0.08 0.05 0.63 0.26

Competitive Comparison of Microequities Asset Management Group's Debt-to-EBITDA

For the Asset Management subindustry, Microequities Asset Management 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.


Microequities Asset Management Group's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Microequities Asset Management Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Microequities Asset Management Group's Debt-to-EBITDA falls into.



Microequities Asset Management Group Debt-to-EBITDA Calculation

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

Microequities Asset Management Group'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
=(1.059 + 4.218) / 8.744
=0.60

Microequities Asset Management Group'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
=(1.023 + 3.183) / 16.172
=0.26

* 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.


Microequities Asset Management Group  (ASX:MAM) 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.


Microequities Asset Management Group Debt-to-EBITDA Related Terms

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


Microequities Asset Management Group Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Suite 3105, Level 31, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Microequities Asset Management Group Ltd is an asset management firm. It is a boutique value driven Fund manager specialised in exchange listed industrial microcap and small cap companies.

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