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Qlucore AB (OSTO:QCORE) Debt-to-EBITDA : -0.13 (As of Oct. 2024)


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What is Qlucore AB Debt-to-EBITDA?

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

Qlucore AB's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was kr0.45 Mil. Qlucore AB's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was kr2.00 Mil. Qlucore AB's annualized EBITDA for the quarter that ended in Oct. 2024 was kr-18.90 Mil. Qlucore AB's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2024 was -0.13.

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 Qlucore AB's Debt-to-EBITDA or its related term are showing as below:

OSTO:QCORE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.57   Med: -0.38   Max: 1.31
Current: -0.15

During the past 5 years, the highest Debt-to-EBITDA Ratio of Qlucore AB was 1.31. The lowest was -1.57. And the median was -0.38.

OSTO:QCORE's Debt-to-EBITDA is ranked worse than
100% of 1645 companies
in the Software industry
Industry Median: 1.07 vs OSTO:QCORE: -0.15

Qlucore AB Debt-to-EBITDA Historical Data

The historical data trend for Qlucore AB'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.

Qlucore AB Debt-to-EBITDA Chart

Qlucore AB Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-EBITDA
1.31 -1.57 -0.67 -0.38 -0.28

Qlucore AB Quarterly Data
Apr20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -0.45 -0.54 -0.23 -0.11 -0.13

Competitive Comparison of Qlucore AB's Debt-to-EBITDA

For the Software - Application subindustry, Qlucore AB'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.


Qlucore AB's Debt-to-EBITDA Distribution in the Software Industry

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

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



Qlucore AB Debt-to-EBITDA Calculation

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

Qlucore AB's Debt-to-EBITDA for the fiscal year that ended in Apr. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.183 + 2) / -11.265
=-0.28

Qlucore AB's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.446 + 2) / -18.896
=-0.13

* 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 (Oct. 2024) EBITDA data.


Qlucore AB  (OSTO:QCORE) 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.


Qlucore AB Debt-to-EBITDA Related Terms

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


Qlucore AB Business Description

Traded in Other Exchanges
N/A
Address
Scheelevagen 17, Lund, SWE, 223 70
Qlucore AB provides software solutions.

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