GURUFOCUS.COM » STOCK LIST » Technology » Software » Cytta Corp (OTCPK:CYCA) » Definitions » Debt-to-EBITDA

Cytta (CYCA) Debt-to-EBITDA : -0.59 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Cytta Debt-to-EBITDA?

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

Cytta's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.44 Mil. Cytta's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Cytta's annualized EBITDA for the quarter that ended in Dec. 2024 was $-2.45 Mil. Cytta's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.59.

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

CYCA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.41   Med: -0.32   Max: -0.26
Current: -0.41

During the past 12 years, the highest Debt-to-EBITDA Ratio of Cytta was -0.26. The lowest was -0.41. And the median was -0.32.

CYCA's Debt-to-EBITDA is ranked worse than
100% of 1628 companies
in the Software industry
Industry Median: 1.05 vs CYCA: -0.41

Cytta Debt-to-EBITDA Historical Data

The historical data trend for Cytta'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.

Cytta Debt-to-EBITDA Chart

Cytta Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.26 -0.37

Cytta Quarterly Data
Mar14 Jun14 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -0.50 -0.26 -0.52 -0.59

Competitive Comparison of Cytta's Debt-to-EBITDA

For the Software - Application subindustry, Cytta'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.


Cytta's Debt-to-EBITDA Distribution in the Software Industry

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

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



Cytta Debt-to-EBITDA Calculation

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

Cytta's Debt-to-EBITDA for the fiscal year 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
=(1.439 + 0) / -3.846
=-0.37

Cytta's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.439 + 0) / -2.448
=-0.59

* 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 (Dec. 2024) EBITDA data.


Cytta  (OTCPK:CYCA) 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.


Cytta Debt-to-EBITDA Related Terms

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


Cytta Business Description

Traded in Other Exchanges
N/A
Address
5450 W. Sahara Avenue, Suite 300A, Las Vegas, NV, USA, 89146
Cytta Corp is engaged in the manufacture, distribution, and marketing of streaming and integrated communication products, using technology based upon the SUPR (Superior Utilization of Processing Resources) video compression codec or algorithm and IGAN (Incident Global Area Network) incident command proprietary software solutions products. Its product includes SUPR Stream and IGAN Fusion. The products of the company are CYTTACOMMS, CYTTACARES and CYTTACOMP.
Executives
Brad Prystupa director, 10 percent owner, officer: Secretary 710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7
Chad Rutherford director, 10 percent owner, officer: President, CEO, CFO, Treasurer 710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7