HTGMQ (HTG Molecular Diagnostics) Debt-to-EBITDA : -0.21 (As of Mar. 2023)

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HTGMQ HTG Molecular Diagnostics Inc HTGMQ
12 GF Score
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What is HTG Molecular Diagnostics Debt-to-EBITDA?

HTG Molecular Diagnostics HTGMQ -99.00% 12 Debt-to-EBITDA is -0.21 as of Mar. 2023. GuruFocus rates HTGMQ with a GF Score™ of 12/100.

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

HTG Molecular Diagnostics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $3.56 Mil. HTG Molecular Diagnostics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.42 Mil. HTG Molecular Diagnostics's annualized EBITDA for the quarter that ended in Mar. 2023 was $-19.31 Mil. HTG Molecular Diagnostics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -0.21.

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 HTG Molecular Diagnostics's Debt-to-EBITDA or its related term are showing as below:

HTGMQ's Debt-to-EBITDA is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 2.31
* Ranked among companies with meaningful Debt-to-EBITDA only.

HTG Molecular Diagnostics  (OTCPK:HTGMQ) 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.


HTG Molecular Diagnostics Debt-to-EBITDA Related Terms


HTG Molecular Diagnostics Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for HTG Molecular Diagnostics'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.

HTG Molecular Diagnostics Debt-to-EBITDA Chart

HTG Molecular Diagnostics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.69 -0.66 -0.68 -0.76 -0.24

HTG Molecular Diagnostics Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.39 -0.41 -0.36 -0.27 -0.21

HTGMQ vs ABMC, TMO, DHR: Debt-to-EBITDA Comparison

For the Diagnostics & Research subindustry, HTG Molecular Diagnostics'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.


HTG Molecular Diagnostics Debt-to-EBITDA vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, HTG Molecular Diagnostics's Debt-to-EBITDA distribution charts can be found below:

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


HTGMQ
12GF Score
HTG Molecular Diagnostics Inc HTGMQ
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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HTG Molecular Diagnostics Debt-to-EBITDA Calculation

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

HTG Molecular Diagnostics's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.288 + 0.546) / -20.14
=-0.24

HTG Molecular Diagnostics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.557 + 0.423) / -19.312
=-0.21

* 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. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.21 mean?
HTG Molecular Diagnostics (HTGMQ) has a Debt-to-EBITDA of -0.21 as of Mar. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on HTG Molecular Diagnostics.
Is HTG Molecular Diagnostics' Debt-to-EBITDA too high?
HTG Molecular Diagnostics' current Debt-to-EBITDA is -0.21. Overall, HTG Molecular Diagnostics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does HTG Molecular Diagnostics' Debt-to-EBITDA compare to ABMC and TMO?
HTG Molecular Diagnostics' Debt-to-EBITDA of -0.21 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Debt-to-EBITDA is 2.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Medical Diagnostics & Research company?
The median Debt-to-EBITDA among Medical Diagnostics & Research companies is 2.31, based on 112 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on HTG Molecular Diagnostics. For the Medical Diagnostics & Research industry, the median Debt-to-EBITDA is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HTG Molecular Diagnostics's current Debt-to-EBITDA is -0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HTG Molecular Diagnostics stock overvalued right now?
HTG Molecular Diagnostics (HTGMQ) has a current Debt-to-EBITDA of -0.21. The current Debt-to-EBITDA is -0.21. HTG Molecular Diagnostics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For HTG Molecular Diagnostics (HTGMQ), the current Debt-to-EBITDA is -0.21 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HTG Molecular Diagnostics Business Description

Address 3430 E. Global Loop, Tucson, AZ, USA, 85706
HTG Molecular Diagnostics Inc is a life science company whose mission is to advance precision medicine through its transcriptome-wide profiling and medicinal chemistry technologies. The company derives revenue from sales of its HTG EdgeSeq system and integrated next-generation sequencing-based HTG EdgeSeq research use only assays and from sample processing services performed in its VERI/O laboratory. The company operates in one segment and its customers and distributors are located in the United States and Europe.
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