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DATATRAK International (DATATRAK International) Debt-to-EBITDA : 0.10 (As of Jun. 2018)


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What is DATATRAK International Debt-to-EBITDA?

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

DATATRAK International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.12 Mil. DATATRAK International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was $0.00 Mil. DATATRAK International's annualized EBITDA for the quarter that ended in Jun. 2018 was $1.32 Mil. DATATRAK International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 was 0.10.

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

DTRK's Debt-to-EBITDA is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.555
* Ranked among companies with meaningful Debt-to-EBITDA only.

DATATRAK International Debt-to-EBITDA Historical Data

The historical data trend for DATATRAK International'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.

DATATRAK International Debt-to-EBITDA Chart

DATATRAK International Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec12 Dec13 Dec14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.55 -0.02 - -2.00 -0.11

DATATRAK International Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec12 Dec13 Sep14 Dec14 Sep15 Mar17 Jun17 Mar18 Jun18
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 -0.24 - - 0.07 0.10

Competitive Comparison of DATATRAK International's Debt-to-EBITDA

For the Health Information Services subindustry, DATATRAK International'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.


DATATRAK International's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DATATRAK International's Debt-to-EBITDA distribution charts can be found below:

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



DATATRAK International Debt-to-EBITDA Calculation

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

DATATRAK International's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.062 + 0.068) / -1.197
=-0.11

DATATRAK International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.123 + 0.004) / 1.316
=0.10

* 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 (Jun. 2018) EBITDA data.


DATATRAK International  (OTCPK:DTRK) 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.


DATATRAK International Debt-to-EBITDA Related Terms

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


DATATRAK International (DATATRAK International) Business Description

Traded in Other Exchanges
N/A
Address
3690 Orange Place, Suite 375, Beachwood, OH, USA, 44122
DATATRAK International Inc is a technology and services company that delivers eClinical solutions for the clinical trials industry. The services provided by the company include training services, cloud delivery, a learning center, trial design services, and others. The clinical solutions provided by the company include CTMS, EDC and Medical Coding, Risk-Based Monitoring, Randomization, and Medical Imaging Capture, and Training.
Executives
Raymond J. Merk officer: VP of Finance,CFO & Treasurer C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Mark J Ratain director 5841 S MARYLAND AVE MC2115, CHICAGO IL 60637
Robert E Flaherty director 377 PLANTATION ST, WORCESTER MA 01605