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Debt-to-EBITDA measures a company's ability to pay off its debt.
IMAC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. IMAC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. IMAC Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.63 Mil. IMAC Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.
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
The historical rank and industry rank for IMAC Holdings's Debt-to-EBITDA or its related term are showing as below:
During the past 8 years, the highest Debt-to-EBITDA Ratio of IMAC Holdings was -0.39. The lowest was -2.81. And the median was -1.26.
The historical data trend for IMAC 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.
IMAC Holdings Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Debt-to-EBITDA | Get a 7-Day Free Trial | -1.86 | -2.81 | -0.70 | -0.41 | - |
IMAC Holdings Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Debt-to-EBITDA | Get a 7-Day Free Trial | -0.54 | -0.41 | -0.10 | - | - |
For the Medical Care Facilities subindustry, IMAC 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.
For the Healthcare Providers & Services industry and Healthcare sector, IMAC Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where IMAC Holdings's Debt-to-EBITDA falls into.
Debt-to-EBITDA measures a company's ability to pay off its debt.
IMAC 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 | + | 0) | / | -5.947 | |
= | 0.00 |
IMAC Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as
Debt-to-EBITDA | = | Total Debt | / | EBITDA | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | EBITDA | |
= | (0 | + | 0) | / | -1.632 | |
= | 0.00 |
* 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 four times the quarterly (Mar. 2024) EBITDA data.
IMAC Holdings (NAS:BACK) 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
Thank you for viewing the detailed overview of IMAC Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Benjamin S Lerner | officer: Chief Operating Officer | C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027 |
Matthew C Wallis | director, 10 percent owner, officer: Chief Operating Officer | C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027 |
Michael D Pruitt | director | 11220 ELM LANE, SUITE 203, CHARLOTTE NC 28277 |
Cary Sucoff | director | 1612 EAST CAPE CORAL PKWY, C/O LEGACY EDUCATION ALLIANCE, INC., CAPE CORAL FL 33904 |
Maurice E. Evans | director | C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027 |
Jeffrey S Ervin | director, officer: Chief Executive Officer | C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027 |
Hayden Gerard M Jr | director | C/O PRIVATE BUSINESS INC, P O BOX 1603, BRENTWOOD TN 37024 |
David Ellwanger | director | C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027 |
Sheri Gardzina | officer: Interim CFO | C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027 |
George P Hampton | director | C/O HORIZON PHARMA PLC, 520 LAKE COOK ROAD, STE 520, DEERFIELD IL 60015 |
Dean Weiland | director | C/O IMAC HOLDINGS, INC., 1605 WESTGATE CIRCLE, BRENTWOOD TN 37027 |
Dwight Anthony Bond | officer: Chief Financial Officer | C/O IMAC HOLDINGS, INC., BRENTWOOD TN 37027 |
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