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BiVictriX Therapeutics (LSE:BVX) Debt-to-EBITDA : -0.04 (As of Jun. 2024)


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What is BiVictriX Therapeutics Debt-to-EBITDA?

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

BiVictriX Therapeutics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.12 Mil. BiVictriX Therapeutics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.00 Mil. BiVictriX Therapeutics's annualized EBITDA for the quarter that ended in Jun. 2024 was £-3.04 Mil. BiVictriX Therapeutics's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.04.

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 BiVictriX Therapeutics's Debt-to-EBITDA or its related term are showing as below:

LSE:BVX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.37   Med: -0.12   Max: -0.04
Current: -0.04

During the past 6 years, the highest Debt-to-EBITDA Ratio of BiVictriX Therapeutics was -0.04. The lowest was -1.37. And the median was -0.12.

LSE:BVX's Debt-to-EBITDA is not ranked
in the Biotechnology industry.
Industry Median: 1.41 vs LSE:BVX: -0.04

BiVictriX Therapeutics Debt-to-EBITDA Historical Data

The historical data trend for BiVictriX Therapeutics'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.

BiVictriX Therapeutics Debt-to-EBITDA Chart

BiVictriX Therapeutics Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - -1.37 -0.13 -0.10 -0.09

BiVictriX Therapeutics Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.08 -0.11 -0.07 -0.09 -0.04

Competitive Comparison of BiVictriX Therapeutics's Debt-to-EBITDA

For the Biotechnology subindustry, BiVictriX Therapeutics'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.


BiVictriX Therapeutics's Debt-to-EBITDA Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, BiVictriX Therapeutics's Debt-to-EBITDA distribution charts can be found below:

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



BiVictriX Therapeutics Debt-to-EBITDA Calculation

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

BiVictriX Therapeutics'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
=(0.128 + 0.134) / -2.86
=-0.09

BiVictriX Therapeutics's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.116 + 0) / -3.038
=-0.04

* 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 (Jun. 2024) EBITDA data.


BiVictriX Therapeutics  (LSE:BVX) 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.


BiVictriX Therapeutics Debt-to-EBITDA Related Terms

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


BiVictriX Therapeutics Business Description

Traded in Other Exchanges
N/A
Address
Alderley Edge, Mereside, Alderley Park, Macclesfield, GBR, SK10 4TG
BiVictriX Therapeutics PLC is a drug development company. It has developed its proprietary Bi-Cygni technology which utilizes Antibody Drug Conjugates for the treatment of various cancers including Acute Myeloid Leukaemia. The Group has one reportable segment, being the development of pharmaceutical products within the United Kingdom.

BiVictriX Therapeutics Headlines

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