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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 Rubicon Water's Debt-to-EBITDA or its related term are showing as below:
ASX:RWL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.38 Med: -4.17 Max: 12.92
Current: -2.36
During the past 4 years, the highest Debt-to-EBITDA Ratio of Rubicon Water was 12.92. The lowest was -5.38. And the median was -4.17.
ASX:RWL's Debt-to-EBITDA is ranked worse than 100% of 447
companies
in the Utilities - Regulated industry
Industry Median: 3.97
vs ASX:RWL: -2.36
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.
Rubicon Water Debt-to-EBITDA Related Terms
Rubicon Water Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Rubicon Water'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.
ASX:RWL vs AWK, WTRG, AWR: Debt-to-EBITDA Comparison
For the Utilities - Regulated Water subindustry, Rubicon Water'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.
Rubicon Water Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rubicon Water's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Rubicon Water's Debt-to-EBITDA falls into.
* 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. 2025) EBITDA data.
Rubicon Water (ASX:RWL) has a Debt-to-EBITDA of -2.12 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Rubicon Water. According to the industry distribution chart, Rubicon Water ranks #999999 out of 447 companies in the Utilities - Regulated industry.
Is Rubicon Water's Debt-to-EBITDA too high?
Rubicon Water's current Debt-to-EBITDA is -2.12. Based on the distribution chart, Rubicon Water ranks #999999 out of 447 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Rubicon Water has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rubicon Water's Debt-to-EBITDA compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Rubicon Water ranks #999999 out of 447 companies for Debt-to-EBITDA. This places Rubicon Water in the lower half of its industry. The industry median Debt-to-EBITDA is 3.97. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 3.97, based on 447 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Rubicon Water. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rubicon Water's current Debt-to-EBITDA is -2.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubicon Water stock overvalued right now?
Based on GuruFocus' analysis, Rubicon Water (ASX:RWL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.31, compared to a current price of A$0.14 — trading 54.8% below its estimated fair value. The current Debt-to-EBITDA is -2.12. Rubicon Water's overall GF Score™ is 20/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Rubicon Water (ASX:RWL), the current Debt-to-EBITDA is -2.12 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Rubicon Water (ASX:RWL) Overvalued in 2026?
Based on GuruFocus' analysis, Rubicon Water stock appears to be undervalued.
The current stock price of A$0.14 is trading 54.8% below its estimated GF Value™ of A$0.31.
GuruFocus considers Rubicon Water to be Possible Value Trap.
Key valuation signals for ASX:RWL:
Debt-to-EBITDA: -2.12
GF Value™: A$0.31 vs. price of A$0.14 (54.8% below fair value)
No single metric tells the full story. See the ASX:RWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.
20GF Score
Get the complete analysis for ASX:RWL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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