Precheck Health Service (Precheck Health Service) Debt-to-EBITDA : -0.99 (As of Sep. 2019)

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What is Precheck Health Service Debt-to-EBITDA?

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

Precheck Health Service's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $1.44 Mil. Precheck Health Service's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Precheck Health Service's annualized EBITDA for the quarter that ended in Sep. 2019 was $-1.45 Mil. Precheck Health Service's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 was -0.99.

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 Precheck Health Service's Debt-to-EBITDA or its related term are showing as below:

HLTY's Debt-to-EBITDA is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 1.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

Precheck Health Service Debt-to-EBITDA Historical Data

The historical data trend for Precheck Health Service'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.

Precheck Health Service Debt-to-EBITDA Chart

Precheck Health Service Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Debt-to-EBITDA

-1.83

-0.16

-0.09

Precheck Health Service Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Debt-to-EBITDA	Get a 7-Day Free Trial													-0.81	-0.02	-2.33	-0.46	-0.99

Competitive Comparison of Precheck Health Service's Debt-to-EBITDA

For the Medical Devices subindustry, Precheck Health Service'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.

Precheck Health Service's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

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

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

Precheck Health Service Debt-to-EBITDA Calculation

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

Precheck Health Service's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.582	+	0)	/	-6.355
	=	-0.09

Precheck Health Service's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.443	+	0)	/	-1.452
	=	-0.99

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 (Sep. 2019) EBITDA data.

Precheck Health Service (GREY:HLTY) 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.

Precheck Health Service Debt-to-EBITDA Related Terms

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