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AMTFF (Ameritrust Financial Technologies) Debt-to-EBITDA : 4.21 (As of Sep. 2024)


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What is Ameritrust Financial Technologies Debt-to-EBITDA?

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

Ameritrust Financial Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.75 Mil. Ameritrust Financial Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Ameritrust Financial Technologies's annualized EBITDA for the quarter that ended in Sep. 2024 was $0.42 Mil. Ameritrust Financial Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 4.21.

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

AMTFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.01   Med: -0.37   Max: -0.06
Current: -0.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ameritrust Financial Technologies was -0.06. The lowest was -1.01. And the median was -0.37.

AMTFF's Debt-to-EBITDA is ranked worse than
100% of 1638 companies
in the Software industry
Industry Median: 1.08 vs AMTFF: -0.40

Ameritrust Financial Technologies Debt-to-EBITDA Historical Data

The historical data trend for Ameritrust Financial Technologies'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.

Ameritrust Financial Technologies Debt-to-EBITDA Chart

Ameritrust Financial Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.01 -0.49 -0.57 -0.22 -0.26

Ameritrust Financial Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -0.89 -0.25 -0.87 0.88 4.21

Competitive Comparison of Ameritrust Financial Technologies's Debt-to-EBITDA

For the Software - Application subindustry, Ameritrust Financial Technologies'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.


Ameritrust Financial Technologies's Debt-to-EBITDA Distribution in the Software Industry

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

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


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Ameritrust Financial Technologies Debt-to-EBITDA Calculation

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

Ameritrust Financial Technologies'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
=(2.421 + 1.457) / -15.195
=-0.26

Ameritrust Financial Technologies'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
=(1.75 + 0) / 0.416
=4.21

* 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 (Sep. 2024) EBITDA data.


Ameritrust Financial Technologies  (OTCPK:AMTFF) 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.


Ameritrust Financial Technologies Debt-to-EBITDA Related Terms

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


Ameritrust Financial Technologies Business Description

Traded in Other Exchanges
Address
1100 Burloak Drive, Suite 300, Burlington, ON, CAN, L7L 6B2
Ameritrust Financial Technologies Inc is a technology provider. It has developed a powerful suite of cloud-based transaction platforms to buy, sell, trade, finance, and lease new and used vehicles, which includes real-time appraisal services, market information, and financing solutions.