CCYNF (Cyan AG) Debt-to-EBITDA : 0.68 (As of Dec. 2023)

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What is Cyan AG Debt-to-EBITDA?

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

Cyan AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.28 Mil. Cyan AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.09 Mil. Cyan AG's annualized EBITDA for the quarter that ended in Dec. 2023 was $3.48 Mil. Cyan AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.68.

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 Cyan AG's Debt-to-EBITDA or its related term are showing as below:

CCYNF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.22 Med: -0.83 Max: 0.57
Current: -0.57

During the past 10 years, the highest Debt-to-EBITDA Ratio of Cyan AG was 0.57. The lowest was -2.22. And the median was -0.83.

CCYNF's Debt-to-EBITDA is ranked worse than
100% of 1646 companies
in the Software industry
Industry Median: 1.04 vs CCYNF: -0.57

Cyan AG Debt-to-EBITDA Historical Data

The historical data trend for Cyan AG'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.

Cyan AG Debt-to-EBITDA Chart

Cyan AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.29

-2.22

-1.09

-1.77

-0.57

Cyan AG Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial											-1.37	-	-23.67	-0.28	0.68

Competitive Comparison of Cyan AG's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Cyan AG'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.

Cyan AG's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where Cyan AG's Debt-to-EBITDA falls into.

Cyan AG Debt-to-EBITDA Calculation

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

Cyan AG'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
	=	(0.28	+	2.089)	/	-4.157
	=	-0.57

Cyan AG'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
	=	(0.28	+	2.089)	/	3.478
	=	0.68

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.

Cyan AG (GREY:CCYNF) 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.

Cyan AG Debt-to-EBITDA Related Terms

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

Cyan AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyan AG (GREY:CCYNF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

CYR:Germany

Address

Theatinerstrasse 11, Funf Hofe, Munich, DEU, 80333

Website

https://www.cyansecurity.com

Cyan AG is a provider of intelligent IT security solutions and telecommunication services in the IT industry. The main business of the company involves cybersecurity solutions for the end customers of mobile and fixed-line internet providers (MNO, ISP), financial service providers, mobile virtual network operators (MVNO) as well as the convergent BSS/OSS platform (Business Support System and Operations Support System) as a mobile virtual network enabler (MVNE). With the BSS/OSS business, services such as connection to the network operator, billing, provisioning, and similar services relating to the operational aspects of running an MVNO are offered. It has two segments: Cybersecurity, and BSS/OSS platform. Its products include a Seamless BSS/OSS Platform.