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BactiQuant AS (FRA:9JX) Debt-to-EBITDA : -0.76 (As of Jun. 2024)


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What is BactiQuant AS Debt-to-EBITDA?

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

BactiQuant AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.22 Mil. BactiQuant AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1.04 Mil. BactiQuant AS's annualized EBITDA for the quarter that ended in Jun. 2024 was €-1.67 Mil. BactiQuant AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.76.

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

FRA:9JX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -502.5   Med: -0.85   Max: -0.09
Current: -0.82

During the past 6 years, the highest Debt-to-EBITDA Ratio of BactiQuant AS was -0.09. The lowest was -502.50. And the median was -0.85.

FRA:9JX's Debt-to-EBITDA is ranked worse than
100% of 2289 companies
in the Industrial Products industry
Industry Median: 1.7 vs FRA:9JX: -0.82

BactiQuant AS Debt-to-EBITDA Historical Data

The historical data trend for BactiQuant AS'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.

BactiQuant AS Debt-to-EBITDA Chart

BactiQuant AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -2.30 -0.84 -0.09 -0.49 -0.86

BactiQuant AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.15 -0.50 -0.98 -0.82 -0.76

Competitive Comparison of BactiQuant AS's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, BactiQuant AS'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.


BactiQuant AS's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BactiQuant AS's Debt-to-EBITDA distribution charts can be found below:

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


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BactiQuant AS Debt-to-EBITDA Calculation

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

BactiQuant AS'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
=(0.044 + 1.132) / -1.365
=-0.86

BactiQuant AS'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
=(0.221 + 1.042) / -1.668
=-0.76

* 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.


BactiQuant AS  (FRA:9JX) 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.


BactiQuant AS Debt-to-EBITDA Related Terms

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


BactiQuant AS Business Description

Traded in Other Exchanges
Address
Blokken 75, Birkeroed, DNK, DK-3460
BactiQuant AS focuses on delivering technology that ensures optimum usage and handling of water around the world. The company's activities include the development, production, sale and service of BactiQuant Online and BactiQuant Mobile Lab with associated test kits/substrate for the quantification and detection of bacteria in water. Its segments are Aquaculture, Data Centres, Oil & Gas, Water Utility, Industry, and Pharma. The group's products are BQ Online 2.0 PRO, BQ Online, BQ Mobile Lab, and Analysis Kits.

BactiQuant AS Headlines

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