Quality and Reliability (ATH:QUAL) Debt-to-EBITDA : 0.01 (As of Dec. 2023)

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What is Quality and Reliability Debt-to-EBITDA?

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

Quality and Reliability's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.03 Mil. Quality and Reliability's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Quality and Reliability's annualized EBITDA for the quarter that ended in Dec. 2023 was €2.25 Mil. Quality and Reliability'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 Quality and Reliability's Debt-to-EBITDA or its related term are showing as below:

ATH:QUAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.81 Med: 8.88 Max: 88.42
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Quality and Reliability was 88.42. The lowest was -2.81. And the median was 8.88.

ATH:QUAL's Debt-to-EBITDA is ranked better than
98.45% of 1612 companies
in the Software industry
Industry Median: 1.06 vs ATH:QUAL: 0.02

Quality and Reliability Debt-to-EBITDA Historical Data

The historical data trend for Quality and Reliability'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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Quality and Reliability Debt-to-EBITDA Chart

Quality and Reliability Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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32.03

88.42

18.21

4.75

0.02

Quality and Reliability Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															15.64	2.68	13.79	4.91	0.01

Competitive Comparison of Quality and Reliability's Debt-to-EBITDA

For the Software - Application subindustry, Quality and Reliability'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.

Quality and Reliability's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where Quality and Reliability's Debt-to-EBITDA falls into.

Quality and Reliability Debt-to-EBITDA Calculation

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

Quality and Reliability'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
	=	(0.03	+	0)	/	1.614
	=	0.02

Quality and Reliability'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
	=	(0.03	+	0)	/	2.254
	=	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.

Quality and Reliability (ATH:QUAL) 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.

Quality and Reliability Debt-to-EBITDA Related Terms

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

Quality and Reliability (ATH:QUAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Quality and Reliability SA (ATH:QUAL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

11B Konitsis Street, Marousi, GRC, 15125

Website

http://www.qnr.com.gr

Quality and Reliability SA is engaged in software development and in the provision of integration services for information systems. The company delivers complex Integrated Information Systems for large and mid-size enterprises in the public and private sectors, cutting-edge technology solutions for Financial Institutions, Enterprise web Portals, white label e-Bookstore platforms & label e-commerce solutions, cross-platform Mobile Applications and multi-platform eBook interactive educational authoring tools.