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EBRCZ (EBR Systems) Debt-to-EBITDA : -0.03 (As of Jun. 2024)


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What is EBR Systems Debt-to-EBITDA?

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

EBR Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.55 Mil. EBR Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.29 Mil. EBR Systems's annualized EBITDA for the quarter that ended in Jun. 2024 was $-33.67 Mil. EBR Systems's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.03.

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

EBRCZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.4   Med: -0.7   Max: -0.03
Current: -0.03

During the past 3 years, the highest Debt-to-EBITDA Ratio of EBR Systems was -0.03. The lowest was -1.40. And the median was -0.70.

EBRCZ's Debt-to-EBITDA is ranked worse than
100% of 430 companies
in the Medical Devices & Instruments industry
Industry Median: 1.34 vs EBRCZ: -0.03

EBR Systems Debt-to-EBITDA Historical Data

The historical data trend for EBR Systems'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.

EBR Systems Debt-to-EBITDA Chart

EBR Systems Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.24 -0.70 -1.40

EBR Systems Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial -0.68 -0.69 -1.54 -1.27 -0.03

Competitive Comparison of EBR Systems's Debt-to-EBITDA

For the Medical Devices subindustry, EBR Systems'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.


EBR Systems's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, EBR Systems's Debt-to-EBITDA distribution charts can be found below:

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



EBR Systems Debt-to-EBITDA Calculation

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

EBR Systems'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
=(0.272 + 41.317) / -29.799
=-1.40

EBR Systems's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.548 + 0.294) / -33.668
=-0.03

* 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 two times the quarterly (Jun. 2024) EBITDA data.


EBR Systems  (OTCPK:EBRCZ) 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.


EBR Systems Debt-to-EBITDA Related Terms

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


EBR Systems Business Description

Traded in Other Exchanges
Address
480 Oakmead Parkway, Sunnyvale, CA, USA, 94085
EBR Systems Inc is engaged in treatment for patients suffering from cardiac rhythm diseases by developing therapies using wireless cardiac stimulation. The company's Wise CRT System uses proprietary wireless technology to deliver pacing stimulation directly inside of the left ventricle of the heart.