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VirnetX Holding (FRA:VN20) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is VirnetX Holding Debt-to-EBITDA?

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

VirnetX Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. VirnetX Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. VirnetX Holding's annualized EBITDA for the quarter that ended in Mar. 2024 was €-18.11 Mil. VirnetX Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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

FRA:VN20's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 1.06
* Ranked among companies with meaningful Debt-to-EBITDA only.

VirnetX Holding Debt-to-EBITDA Historical Data

The historical data trend for VirnetX Holding'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.

VirnetX Holding Debt-to-EBITDA Chart

VirnetX Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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VirnetX Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of VirnetX Holding's Debt-to-EBITDA

For the Software - Infrastructure subindustry, VirnetX Holding'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.


VirnetX Holding's Debt-to-EBITDA Distribution in the Software Industry

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

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



VirnetX Holding Debt-to-EBITDA Calculation

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

VirnetX Holding'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 + 0) / -28.827
=0.00

VirnetX Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -18.108
=0.00

* 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 (Mar. 2024) EBITDA data.


VirnetX Holding  (FRA:VN20) 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.


VirnetX Holding Debt-to-EBITDA Related Terms

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


VirnetX Holding (FRA:VN20) Business Description

Traded in Other Exchanges
Address
308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The company GABRIEL connection technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop, and Machine-to-Machine communications. The firm sells its products in various market segments, including, healthcare, finance, and government.

VirnetX Holding (FRA:VN20) Headlines

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