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Green Cross Health (NZSE:GXH) Debt-to-EBITDA : 3.27 (As of Sep. 2024)


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What is Green Cross Health Debt-to-EBITDA?

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

Green Cross Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NZ$14.2 Mil. Green Cross Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NZ$128.7 Mil. Green Cross Health's annualized EBITDA for the quarter that ended in Sep. 2024 was NZ$43.8 Mil. Green Cross Health's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.27.

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 Green Cross Health's Debt-to-EBITDA or its related term are showing as below:

NZSE:GXH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.25   Med: 1.8   Max: 3.18
Current: 3.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Green Cross Health was 3.18. The lowest was 1.25. And the median was 1.80.

NZSE:GXH's Debt-to-EBITDA is ranked worse than
58.68% of 455 companies
in the Healthcare Providers & Services industry
Industry Median: 2.39 vs NZSE:GXH: 3.11

Green Cross Health Debt-to-EBITDA Historical Data

The historical data trend for Green Cross Health'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.

Green Cross Health Debt-to-EBITDA Chart

Green Cross Health 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 3.02 2.04 1.60 2.43 3.18

Green Cross Health 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 1.78 3.65 3.13 3.00 3.27

Competitive Comparison of Green Cross Health's Debt-to-EBITDA

For the Pharmaceutical Retailers subindustry, Green Cross Health'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.


Green Cross Health's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Green Cross Health's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Green Cross Health's Debt-to-EBITDA falls into.


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Green Cross Health Debt-to-EBITDA Calculation

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

Green Cross Health'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
=(15.671 + 128.912) / 45.492
=3.18

Green Cross Health'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
=(14.193 + 128.735) / 43.754
=3.27

* 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.


Green Cross Health  (NZSE:GXH) 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.


Green Cross Health Debt-to-EBITDA Related Terms

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


Green Cross Health Business Description

Traded in Other Exchanges
N/A
Address
602 Great South Road, Ellerslie, Ground Floor, Building B, Millennium Centre, Auckland, NTL, NZL, 1051
Green Cross Health Ltd is engaged in providing healthcare services in New Zealand. The reportable segments of the group are Pharmacy services, Medical services. The majority of the revenue is generated from the Pharmacy services segment. Its pharmacy services segment includes operations like providing pharmacy services through consolidated stores, equity-accounted investments, and franchise stores under the Unichem and Life Pharmacy brands. The medical service segment provides complete family healthcare services through general practitioners, accidents, and medical centers, with many operating under The Doctors Brand. Its community health segment provides services directly to the community to support independent living.

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