CoinSmart Financial (NEOE:SMRT) Debt-to-EBITDA : 0.19 (As of Mar. 2023)

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NEOE:SMRT CoinSmart Financial Inc NEOE:SMRT
25 GF Score
Price C$0.22
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What is CoinSmart Financial Debt-to-EBITDA?

CoinSmart Financial NEOE:SMRT 25 Debt-to-EBITDA is 0.19 as of Mar. 2023. GuruFocus rates NEOE:SMRT with a GF Score™ of 25/100.

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

CoinSmart Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was C$0.20 Mil. CoinSmart Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was C$0.10 Mil. CoinSmart Financial's annualized EBITDA for the quarter that ended in Mar. 2023 was C$1.58 Mil. CoinSmart Financial's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 0.19.

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 CoinSmart Financial's Debt-to-EBITDA or its related term are showing as below:

NEOE:SMRT's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 0.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

CoinSmart Financial  (NEOE:SMRT) 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.


CoinSmart Financial Debt-to-EBITDA Related Terms


CoinSmart Financial Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for CoinSmart Financial'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.

CoinSmart Financial Debt-to-EBITDA Chart

CoinSmart Financial Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
0.24 -0.17 -0.03

CoinSmart Financial Quarterly Data
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 -0.04 -0.01 -0.04 -0.06 0.19

NEOE:SMRT vs CRM, INTU, NOW: Debt-to-EBITDA Comparison

For the Software - Application subindustry, CoinSmart Financial'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.


CoinSmart Financial Debt-to-EBITDA vs Software Industry

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

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


NEOE:SMRT
25GF Score
CoinSmart Financial Inc NEOE:SMRT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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CoinSmart Financial Debt-to-EBITDA Calculation

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

CoinSmart Financial'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
=(0.207 + 0.14) / -10.813
=-0.03

CoinSmart Financial'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
=(0.195 + 0.102) / 1.576
=0.19

* 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 0.19 mean?
CoinSmart Financial (NEOE:SMRT) has a Debt-to-EBITDA of 0.19 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 CoinSmart Financial.
Is CoinSmart Financial's Debt-to-EBITDA too high?
CoinSmart Financial's current Debt-to-EBITDA is 0.19. The Software industry median Debt-to-EBITDA is 0.98. CoinSmart Financial's value of 0.19 is 80.6% below this industry median. Overall, CoinSmart Financial has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does CoinSmart Financial's Debt-to-EBITDA compare to CRM and INTU?
CoinSmart Financial's Debt-to-EBITDA of 0.19 can be compared against companies in the Software industry. The industry median Debt-to-EBITDA is 0.98. CoinSmart Financial's value of 0.19 is 80.6% below this benchmark. 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 0.98, based on 1,736 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. CoinSmart Financial's current Debt-to-EBITDA of 0.19 is 80.6% below the industry median. 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 CoinSmart Financial. For the Software industry, the median Debt-to-EBITDA is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoinSmart Financial's current Debt-to-EBITDA is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoinSmart Financial stock overvalued right now?
CoinSmart Financial (NEOE:SMRT) has a current Debt-to-EBITDA of 0.19. The current Debt-to-EBITDA is 0.19 and 80.6% below the Software industry median of 0.98. CoinSmart Financial's overall GF Score™ is 25/100. 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 CoinSmart Financial (NEOE:SMRT), the current Debt-to-EBITDA is 0.19 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.

CoinSmart Financial Business Description

Address 1075 Bay Street, Unit 403, Toronto, ON, CAN, M5B 2B2
CoinSmart Financial Inc is a Toronto-based fintech company that operates an online crypto asset trading platform that provides a secure and intuitive platform for trading crypto assets. It is a digital asset trading platform dedicated to providing customers with an intuitive way for buying and selling digital assets, like Bitcoin and Ethereum, combined with the seamless ability to on-ramp and off-ramp fiat. The CoinSmart Platform lists liquid crypto assets, including Bitcoin, Ether,Polkadot, Shiba Inu, Chainlink, Uniswap, Solana, Polygon, Avalanche, Litecoin, Bitcoin Cash, Dogecoin,Stellar, USD Coin, EOS and Cardano.
25GF Score

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

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