IREHF (Integrated Research) Debt-to-EBITDA : -0.21 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IREHF Integrated Research Ltd IREHF
54 GF Score
Price $0.20
GF Value $0.22
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Integrated Research Debt-to-EBITDA?

Integrated Research IREHF 54 Debt-to-EBITDA is -0.21 as of Dec. 2025. GuruFocus rates IREHF with a GF Score™ of 54/100 and a GF Value™ of $0.22 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,719 Software companies, Integrated Research ranks better than 81.5% on this metric.

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

Integrated Research's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.33 Mil. Integrated Research's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.62 Mil. Integrated Research's annualized EBITDA for the quarter that ended in Dec. 2025 was $-4.48 Mil. Integrated Research's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 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 Integrated Research's Debt-to-EBITDA or its related term are showing as below:

IREHF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.85   Med: 0.26   Max: 0.86
Current: 0.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Integrated Research was 0.86. The lowest was -2.85. And the median was 0.26.

IREHF's Debt-to-EBITDA is ranked better than
81.5% of 1719 companies
in the Software industry
Industry Median: 1.08 vs IREHF: 0.17

Integrated Research  (OTCPK:IREHF) 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.


Integrated Research Debt-to-EBITDA Related Terms


Integrated Research Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Integrated Research'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.

Integrated Research Debt-to-EBITDA Chart

Integrated Research Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.47 -2.85 0.07 0.14

Integrated Research Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.10 0.07 0.88 0.08 -0.21

IREHF vs UBER, SHOP, CRM: Debt-to-EBITDA Comparison

For the Software - Application subindustry, Integrated Research'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.


Integrated Research Debt-to-EBITDA vs Software Industry

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

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


IREHF
54GF Score
Integrated Research Ltd IREHF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Integrated Research Debt-to-EBITDA Calculation

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

Integrated Research's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.467 + 0.735) / 8.704
=0.14

Integrated Research's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.33 + 0.619) / -4.48
=-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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.21 mean?
Integrated Research (IREHF) has a Debt-to-EBITDA of -0.21 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Integrated Research. According to the industry distribution chart, Integrated Research ranks #318 out of 1719 companies in the Software industry, placing it in the top 18.5%.
Is Integrated Research's Debt-to-EBITDA too high?
Integrated Research's current Debt-to-EBITDA is -0.21. Based on the distribution chart, Integrated Research ranks #318 out of 1719 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Integrated Research has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Integrated Research's Debt-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Integrated Research ranks #318 out of 1719 companies for Debt-to-EBITDA. This places Integrated Research in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.08. 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 Software company?
The median Debt-to-EBITDA among Software companies is 1.08, based on 1,719 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 Integrated Research. For the Software industry, the median Debt-to-EBITDA is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integrated Research'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 Integrated Research stock overvalued right now?
Based on GuruFocus' analysis, Integrated Research (IREHF) is currently considered Fairly Valued. The stock's GF Value™ is $0.22, compared to a current price of $0.20 — trading 9.1% below its estimated fair value. The current Debt-to-EBITDA is -0.21. Integrated Research's overall GF Score™ is 54/100 with 4 warning signs to review. 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 Integrated Research (IREHF), the current Debt-to-EBITDA is -0.21 as of Dec. 2025. 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.

Is Integrated Research (IREHF) Overvalued in 2026?

Based on GuruFocus' analysis, Integrated Research stock appears to be undervalued. The current stock price of $0.20 is trading 9.1% below its estimated GF Value™ of $0.22. GuruFocus considers Integrated Research to be Fairly Valued.

Key valuation signals for IREHF:

  • Debt-to-EBITDA: -0.21
  • GF Value™: $0.22 vs. price of $0.20 (9.1% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the IREHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Integrated Research Business Description

Other Exchanges IRI:Australia
Address 420 George Street, Suite 9.03, Level 9, Sydney, NSW, AUS, 2000
Integrated Research Ltd is engaged in the design, development, implementation, and sale of systems and applications management computer software for business-critical computing, Unified Communication networks, and Payment networks. Its Prognosis platform is an integrated suite of monitoring and management software, designed to give its clients, an operational insight into and optimize the operation of their HP NonStop, distributed system servers, Unified Communications (UC), Payment environments, and the business applications that run on these platforms. The company's geographic segments include Asia Pacific, Americas, and Europe. It generates revenue from licence fees, maintenance fees, subscription fees, testing solution services, and professional services.
54GF Score

Get the complete analysis for IREHF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.20
Price
$0.22
GF Value