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Primeserv Group (JSE:PMV) Debt-to-EBITDA : 0.07 (As of Sep. 2024)


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What is Primeserv Group Debt-to-EBITDA?

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

Primeserv Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R2 Mil. Primeserv Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R1 Mil. Primeserv Group's annualized EBITDA for the quarter that ended in Sep. 2024 was R34 Mil. Primeserv Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.07.

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 Primeserv Group's Debt-to-EBITDA or its related term are showing as below:

JSE:PMV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06   Med: 0.71   Max: 3.02
Current: 0.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Primeserv Group was 3.02. The lowest was 0.06. And the median was 0.71.

JSE:PMV's Debt-to-EBITDA is ranked better than
92.82% of 822 companies
in the Business Services industry
Industry Median: 1.705 vs JSE:PMV: 0.08

Primeserv Group Debt-to-EBITDA Historical Data

The historical data trend for Primeserv Group'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.

Primeserv Group Debt-to-EBITDA Chart

Primeserv Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.92 0.22 0.15 0.06

Primeserv Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.24 0.19 0.10 0.08 0.07

Competitive Comparison of Primeserv Group's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, Primeserv Group'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.


Primeserv Group's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Primeserv Group's Debt-to-EBITDA distribution charts can be found below:

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


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Primeserv Group Debt-to-EBITDA Calculation

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

Primeserv Group's Debt-to-EBITDA for the fiscal year 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
=(1.812 + 0.264) / 34.408
=0.06

Primeserv Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.575 + 0.8) / 34.496
=0.07

* 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 (Sep. 2024) EBITDA data.


Primeserv Group  (JSE:PMV) 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.


Primeserv Group Debt-to-EBITDA Related Terms

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


Primeserv Group Business Description

Traded in Other Exchanges
N/A
Address
25 Rudd Road, Illovo, Sandton, Johanessburg, GT, ZAF, 2196
Primeserv Group Ltd is an investment holding company. The company focuses on business support services delivering specialized human capital management services and solutions. Its operating segment includes Integrated Business Support Services and Shared Services. The company generates maximum revenue from the Integrated Business Support Services segment. It serves various industries such as Agriculture, Automotive, Banking, Construction, Design and Draughting, Transportation, Engineering, Financial and Insurance, Food Production, Government Services, Harbours and Railways, Hospital, Nursing, Medical, Logistics and Distribution Centres, Mechanical, Mining, Paper and Pulp, Petrochemical, Pharmaceutical, Power Generation, Retail and Wholesale, Tourism, Telecoms, Warehousing, Waste Management.

Primeserv Group Headlines

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