CWAN (Clearwater Analytics Holdings) Debt-to-EBITDA : 1.74 (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Clearwater Analytics Holdings Debt-to-EBITDA?

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

Clearwater Analytics Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $10.6 Mil. Clearwater Analytics Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $63.0 Mil. Clearwater Analytics Holdings's annualized EBITDA for the quarter that ended in Sep. 2024 was $42.3 Mil. Clearwater Analytics Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.74.

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 Clearwater Analytics Holdings's Debt-to-EBITDA or its related term are showing as below:

CWAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.42 Med: 1.69 Max: 8.94
Current: 2.95

During the past 5 years, the highest Debt-to-EBITDA Ratio of Clearwater Analytics Holdings was 8.94. The lowest was -23.42. And the median was 1.69.

CWAN's Debt-to-EBITDA is ranked worse than
75.26% of 1645 companies
in the Software industry
Industry Median: 1.05 vs CWAN: 2.95

Clearwater Analytics Holdings Debt-to-EBITDA Historical Data

The historical data trend for Clearwater Analytics 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.

* Premium members only.

Clearwater Analytics Holdings Debt-to-EBITDA Chart

Clearwater Analytics Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

8.94

-23.42

1.69

7.47

-10.58

Clearwater Analytics Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial														-5.37	3.48	8.04	2.84	1.74

Competitive Comparison of Clearwater Analytics Holdings's Debt-to-EBITDA

For the Software - Application subindustry, Clearwater Analytics 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.

Clearwater Analytics Holdings's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where Clearwater Analytics Holdings's Debt-to-EBITDA falls into.

Clearwater Analytics Holdings Debt-to-EBITDA Calculation

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

Clearwater Analytics 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
	=	(9.301	+	62.776)	/	-6.816
	=	-10.57

Clearwater Analytics Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(10.556	+	62.951)	/	42.308
	=	1.74

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 (Sep. 2024) EBITDA data.

Clearwater Analytics Holdings (NYSE:CWAN) 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.

Clearwater Analytics Holdings Debt-to-EBITDA Related Terms

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

Clearwater Analytics Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clearwater Analytics Holdings Inc (NYSE:CWAN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 W. Main Street, Suite 900, Boise, ID, USA, 83702

Website

https://www.clearwateranalytics.com

Clearwater Analytics Holdings Inc provides a SaaS solution for automated investment data aggregation, reconciliation, accounting and reporting services to insurers, investment managers, corporations, institutional investors and government entities. It earns revenue from providing access to its SaaS platform to customers, services that support the implementation on the SaaS platform, selling perpetual and term-based software licenses and providing maintenance and support and professional services under contracts with customers. The majority of the revenue is earned in the United States.

Executives

Wcas Xiii Carbon Analytics Acquisition, L.p.	10 percent owner	C/O WELSH, CARSON, ANDERSON & STOWE, 599 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Galibier Purchaser, Llc	director, 10 percent owner	C/O PERMIRA ADVISERS LLC, 320 PARK AVENUE, 28TH FLOOR, NEW YORK NY 10022
James S Cox	officer: Chief Financial Officer	600 TOWNSEND, SAN FRANCISCO CA 94103
Warburg Pincus Llc	director, 10 percent owner	450 LEXINGTON AVENUE, NEW YORK NY 10017
Scott Stanley Erickson	officer: See Remarks	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Subi Sethi	officer: Chief Client Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Jacques Aigrain	director	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Souvik Das	officer: Chief Technology Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Wcas Xii Carbon Analytics Acquisition, L.p.	10 percent owner	C/O WELSH, CARSON, ANDERSON & STOWE, 599 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Sandeep Sahai	director, officer: Chief Executive Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Durable Capital Partners Lp	10 percent owner	4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
James Douglas Price	officer: Chief Quality Officer	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Gayatri Raman	officer: President, Europe and Asia	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
Joseph Morris Kochansky	officer: See Remarks	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE ID 83702
D Scott Mackesy	director	320 PARK AVENUE STE 2500, NEW YORK NY 10022