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Engage XR Holdings (LSE:EXR) Debt-to-EBITDA : -0.03 (As of Dec. 2023)


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What is Engage XR Holdings Debt-to-EBITDA?

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

Engage XR Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.05 Mil. Engage XR Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.03 Mil. Engage XR Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was £-3.08 Mil. Engage XR Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.02.

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 Engage XR Holdings's Debt-to-EBITDA or its related term are showing as below:

LSE:EXR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.44   Med: -0.03   Max: 0
Current: -0.02

LSE:EXR's Debt-to-EBITDA is ranked worse than
100% of 1607 companies
in the Software industry
Industry Median: 1.06 vs LSE:EXR: -0.02

Engage XR Holdings Debt-to-EBITDA Historical Data

The historical data trend for Engage XR Holdings'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.

Engage XR Holdings Debt-to-EBITDA Chart

Engage XR Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.05 -0.03 -0.01 - -0.02

Engage XR Holdings Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 - - -0.01 -0.03

Competitive Comparison of Engage XR Holdings's Debt-to-EBITDA

For the Software - Application subindustry, Engage XR Holdings'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.


Engage XR Holdings's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where Engage XR Holdings's Debt-to-EBITDA falls into.



Engage XR Holdings Debt-to-EBITDA Calculation

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

Engage XR Holdings'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
=(0.046 + 0.03) / -3.363
=-0.02

Engage XR Holdings's annualized Debt-to-EBITDA for the quarter 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
=(0.046 + 0.03) / -3.076
=-0.02

* 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. 2023) EBITDA data.


Engage XR Holdings  (LSE:EXR) 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.


Engage XR Holdings Debt-to-EBITDA Related Terms

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


Engage XR Holdings (LSE:EXR) Business Description

Traded in Other Exchanges
Address
Old Kilmeaden Road, Unit 9 Cleaboy Business Park, Waterford, IRL, X91 AX83
Engage XR Holdings PLC operates as a virtual reality software and technology company in Ireland. It is engaged in the development of the educational Virtual Reality platform - ENGAGE. The company also develops and sells online virtual social learning and presentation platforms for creating, sharing, and delivering proprietary and third-party VR content for educational and corporate training purposes. Its products include ENGAGE platform, 1943 Berlin Blitz, Titanic VR, Apollo 11 VR, and RCSI medical training app.