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Tracsis (FRA:4T2) Debt-to-EBITDA : 0.18 (As of Jul. 2024)


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What is Tracsis Debt-to-EBITDA?

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

Tracsis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was €1.33 Mil. Tracsis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was €0.88 Mil. Tracsis's annualized EBITDA for the quarter that ended in Jul. 2024 was €12.58 Mil. Tracsis's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 was 0.18.

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

FRA:4T2' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.12   Max: 0.29
Current: 0.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tracsis was 0.29. The lowest was 0.03. And the median was 0.12.

FRA:4T2's Debt-to-EBITDA is ranked better than
79.25% of 1648 companies
in the Software industry
Industry Median: 1.08 vs FRA:4T2: 0.21

Tracsis Debt-to-EBITDA Historical Data

The historical data trend for Tracsis'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.

Tracsis Debt-to-EBITDA Chart

Tracsis Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.19 0.29 0.14 0.21

Tracsis Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 0.27 0.21 0.12 0.30 0.18

Competitive Comparison of Tracsis's Debt-to-EBITDA

For the Software - Application subindustry, Tracsis'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.


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

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

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


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Tracsis Debt-to-EBITDA Calculation

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

Tracsis's Debt-to-EBITDA for the fiscal year that ended in Jul. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.333 + 0.875) / 10.722
=0.21

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.333 + 0.875) / 12.582
=0.18

* 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 (Jul. 2024) EBITDA data.


Tracsis  (FRA:4T2) 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.


Tracsis Debt-to-EBITDA Related Terms

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


Tracsis Business Description

Traded in Other Exchanges
Address
Discovery Way, Nexus, Leeds, GBR, LS2 3AA
Tracsis PLC is engaged in the business of software development and consultancy for the rail industry. It is organized into two main business segments: Rail Technology and Services and Data, Analytics, Consultancy & Events. The Rail Technology and Services division includes software, consultancy, and remote condition monitoring technology and also includes Ontrac. The Data, Analytics, Consultancy & Events division which derives majority revenue, focuses on data capture and analytics, geographic information systems, earth observation, consultancy and event traffic management within a range of transport and pedestrian rich environments. The company currently operates in three geographical markets: the United Kingdom, Ireland, Rest of Europe, North America, and Rest of the world.

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