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TruBridge (TruBridge) Debt-to-EBITDA : -1.49 (As of Dec. 2023)


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What is TruBridge Debt-to-EBITDA?

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

TruBridge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.9 Mil. TruBridge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $198.3 Mil. TruBridge's annualized EBITDA for the quarter that ended in Dec. 2023 was $-136.3 Mil. TruBridge's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.49.

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

TBRG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.21   Med: 2.89   Max: 19.97
Current: -13.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of TruBridge was 19.97. The lowest was -13.21. And the median was 2.89.

TBRG's Debt-to-EBITDA is ranked worse than
100% of 420 companies
in the Healthcare Providers & Services industry
Industry Median: 2.575 vs TBRG: -13.21

TruBridge Debt-to-EBITDA Historical Data

The historical data trend for TruBridge'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.

TruBridge Debt-to-EBITDA Chart

TruBridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.70 2.34 2.47 3.09 -13.21

TruBridge 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 3.56 2.91 8.15 24.27 -1.49

Competitive Comparison of TruBridge's Debt-to-EBITDA

For the Health Information Services subindustry, TruBridge'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.


TruBridge's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

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



TruBridge Debt-to-EBITDA Calculation

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

TruBridge'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
=(4.945 + 198.344) / -15.391
=-13.21

TruBridge'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
=(4.945 + 198.344) / -136.312
=-1.49

* 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.


TruBridge  (NAS:TBRG) 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.


TruBridge Debt-to-EBITDA Related Terms

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


TruBridge (TruBridge) Business Description

Traded in Other Exchanges
Address
54 St. Emanuel Street, Mobile, AL, USA, 36602
Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.
Executives
Mark V Anquillare director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Lance Park officer: VP Finance & Controller 54 ST. EMANUEL STREET, MOBILE AL 36602
Kevin Plessner officer: General Counsel 54 ST. EMANUEL STREET, MOBILE AL 36602
Wes Cronkite officer: Chief Technology & Innovation 54 ST. EMANUEL STREET, MOBILE AL 36602
David A Dye director, officer: Chief Growth Officer 1307 CAPTAIN O'NEAL DR., DAPHNE AL 36526
Christopher L Fowler officer: COO and President (TruBridge) 6600 WALL STREET, MOBILE AL 36695
Robert D Hinckle officer: Senior VP - Client Services COMPUTER PROGRAMS AND SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Glenn Tobin director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
James Patrick Murphy officer: SVP, TruBridge, Bus. Service 54 ST. EMANUEL STREET, MOBILE AL 36602
Amaris Angelica Mccomas officer: Chief People Officer 54 ST. EMANUEL STREET, MOBILE AL 36602
Claire Stephens officer: SVP, Post Acute Care 54 ST. EMANUEL STREET, MOBILE AL 36602
Dawn M Severance officer: SVP of TruBridge, Sales 54 ST. EMANUEL STREET, MOBILE AL 36602
Douglas John B Jr director, officer: President and CEO 333 DALEWOOD DR., MOBILE AL 36608
Troy D Rosser officer: Senior Vice President - Sales COMPUTER PROGRAMS & SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Matt J Chambless officer: CFO, Secretary & Treasurer 6600 WALL STREET, MOBILE AL 36695