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Promesa (Promesa) Debt-to-EBITDA : 0.00 (As of Dec. 2019)


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What is Promesa Debt-to-EBITDA?

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

Promesa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Promesa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.00 Mil. Promesa's annualized EBITDA for the quarter that ended in Dec. 2019 was $0.73 Mil. Promesa's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 was 0.00.

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

PRMLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.69   Med: 0   Max: 0.06
Current: 0.06

During the past 11 years, the highest Debt-to-EBITDA Ratio of Promesa was 0.06. The lowest was -0.69. And the median was 0.00.

PRMLF's Debt-to-EBITDA is not ranked
in the Software industry.
Industry Median: 1.005 vs PRMLF: 0.06

Promesa Debt-to-EBITDA Historical Data

The historical data trend for Promesa'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.

Promesa Debt-to-EBITDA Chart

Promesa Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.06

Promesa Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 - - - - -0.21

Competitive Comparison of Promesa's Debt-to-EBITDA

For the Software - Application subindustry, Promesa'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.


Promesa's Debt-to-EBITDA Distribution in the Software Industry

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

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



Promesa Debt-to-EBITDA Calculation

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

Promesa's Debt-to-EBITDA for the fiscal year that ended in Jun. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.02 + 0) / 0.32
=0.06

Promesa's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

* 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. 2019) EBITDA data.


Promesa  (OTCPK:PRMLF) 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.


Promesa Debt-to-EBITDA Related Terms

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


Promesa (Promesa) Business Description

Traded in Other Exchanges
N/A
Address
140 Saint Georges Terrace, Level 26, Perth, WA, AUS, 6000
Thred Ltd is an Australian company that operates in the software industry. The company is engaged in developing technology platforms and mobile applications specializing in immersive media. The geographical segments of the company are Australia and Hong Kong, of which all of its revenue comes from Australia.

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