ELWS (Earlyworks Co) Debt-to-EBITDA : -0.59 (As of Apr. 2024)

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What is Earlyworks Co Debt-to-EBITDA?

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

Earlyworks Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $0.83 Mil. Earlyworks Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $0.34 Mil. Earlyworks Co's annualized EBITDA for the quarter that ended in Apr. 2024 was $-1.96 Mil. Earlyworks Co's annualized Debt-to-EBITDA for the quarter that ended in Apr. 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 Earlyworks Co's Debt-to-EBITDA or its related term are showing as below:

ELWS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.88 Med: -0.52 Max: -0.12
Current: -0.53

During the past 4 years, the highest Debt-to-EBITDA Ratio of Earlyworks Co was -0.12. The lowest was -0.88. And the median was -0.52.

ELWS's Debt-to-EBITDA is ranked worse than
100% of 1645 companies
in the Software industry
Industry Median: 1.05 vs ELWS: -0.53

Earlyworks Co Debt-to-EBITDA Historical Data

The historical data trend for Earlyworks Co'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.

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Earlyworks Co Debt-to-EBITDA Chart

Earlyworks Co Annual Data

Trend

Apr21

Apr22

Apr23

Apr24

Debt-to-EBITDA

-0.88

-0.12

-0.50

-0.54

Earlyworks Co Semi-Annual Data
	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Debt-to-EBITDA	Get a 7-Day Free Trial			0.61	-0.49	-0.56	-0.53	-0.59

Competitive Comparison of Earlyworks Co's Debt-to-EBITDA

For the Software - Application subindustry, Earlyworks Co'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.

Earlyworks Co's Debt-to-EBITDA Distribution in the Software Industry

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

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

Earlyworks Co Debt-to-EBITDA Calculation

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

Earlyworks Co's Debt-to-EBITDA for the fiscal year that ended in Apr. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.828	+	0.337)	/	-2.168
	=	-0.54

Earlyworks Co's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.828	+	0.337)	/	-1.96
	=	-0.59

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 (Apr. 2024) EBITDA data.

Earlyworks Co (NAS:ELWS) 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.

Earlyworks Co Debt-to-EBITDA Related Terms

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

Earlyworks Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Earlyworks Co Ltd (NAS:ELWS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-7-11, Ueno, Taito-ku, Tokyo, JPN, 110-0005

Website

https://e-arly.works

Earlyworks Co Ltd is a blockchain-based technology company. It builds products, delivers services, and develops solutions based on a proprietary grid ledger system to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens. The company's customers represent a diverse range of industries, such as information technology, shipping, real estate, entertainment, cosmetics, and chemical products.