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SSC Security Services (SSC Security Services) Debt-to-EBITDA : 0.43 (As of Dec. 2023)


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What is SSC Security Services Debt-to-EBITDA?

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

SSC Security Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.75 Mil. SSC Security Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.67 Mil. SSC Security Services's annualized EBITDA for the quarter that ended in Dec. 2023 was $3.27 Mil. SSC Security Services's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.43.

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 SSC Security Services's Debt-to-EBITDA or its related term are showing as below:

SECUF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -38.41   Med: -0.52   Max: 2.67
Current: 0.53

During the past 11 years, the highest Debt-to-EBITDA Ratio of SSC Security Services was 2.67. The lowest was -38.41. And the median was -0.52.

SECUF's Debt-to-EBITDA is ranked better than
77.71% of 830 companies
in the Business Services industry
Industry Median: 1.85 vs SECUF: 0.53

SSC Security Services Debt-to-EBITDA Historical Data

The historical data trend for SSC Security Services'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.

SSC Security Services Debt-to-EBITDA Chart

SSC Security Services Annual Data
Trend Mar14 Mar15 Mar16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.92 -38.39 0.83 2.67 0.46

SSC Security Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.37 0.51 0.48 0.54 0.43

Competitive Comparison of SSC Security Services's Debt-to-EBITDA

For the Security & Protection Services subindustry, SSC Security Services'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.


SSC Security Services's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SSC Security Services's Debt-to-EBITDA distribution charts can be found below:

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



SSC Security Services Debt-to-EBITDA Calculation

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

SSC Security Services's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.664 + 0.626) / 2.792
=0.46

SSC Security Services's annualized Debt-to-EBITDA for the quarter 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
=(0.753 + 0.666) / 3.272
=0.43

* 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 (Dec. 2023) EBITDA data.


SSC Security Services  (OTCPK:SECUF) 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.


SSC Security Services Debt-to-EBITDA Related Terms

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


SSC Security Services (SSC Security Services) Business Description

Traded in Other Exchanges
Address
1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6
SSC Security Services Corp is a leading provider of physical and cyber security services to corporate and public sector clients across Canada.

SSC Security Services (SSC Security Services) Headlines

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