TDTH (Trident Digital Tech Holdings) Debt-to-EBITDA : -0.34 (As of Jun. 2024)

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What is Trident Digital Tech Holdings Debt-to-EBITDA?

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

Trident Digital Tech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.39 Mil. Trident Digital Tech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.91 Mil. Trident Digital Tech Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was $-3.84 Mil. Trident Digital Tech Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.34.

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 Trident Digital Tech Holdings's Debt-to-EBITDA or its related term are showing as below:

TDTH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.62 Med: -0.44 Max: 2.06
Current: -0.28

During the past 3 years, the highest Debt-to-EBITDA Ratio of Trident Digital Tech Holdings was 2.06. The lowest was -2.62. And the median was -0.44.

TDTH's Debt-to-EBITDA is ranked worse than
100% of 1675 companies
in the Software industry
Industry Median: 1.08 vs TDTH: -0.28

Trident Digital Tech Holdings Debt-to-EBITDA Historical Data

The historical data trend for Trident Digital Tech Holdings'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.

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Trident Digital Tech Holdings Debt-to-EBITDA Chart

Trident Digital Tech Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

2.06

-2.62

-0.44

Trident Digital Tech Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-1.38	-0.56	-0.34	-0.34

Competitive Comparison of Trident Digital Tech Holdings's Debt-to-EBITDA

For the Information Technology Services subindustry, Trident Digital Tech Holdings'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.

Trident Digital Tech Holdings's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where Trident Digital Tech Holdings's Debt-to-EBITDA falls into.

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Trident Digital Tech Holdings Debt-to-EBITDA Calculation

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

Trident Digital Tech Holdings'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
	=	(0.504	+	1.385)	/	-4.314
	=	-0.44

Trident Digital Tech Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.393	+	0.913)	/	-3.844
	=	-0.34

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 (Jun. 2024) EBITDA data.

Trident Digital Tech Holdings (NAS:TDTH) 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.

Trident Digital Tech Holdings Debt-to-EBITDA Related Terms

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

Trident Digital Tech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trident Digital Tech Holdings Ltd (NAS:TDTH) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Temasek Boulevard Road, Suntec Tower 3, No. 24-03, Singapore, SGP, 038988

Website

https://tridentity.me

Trident Digital Tech Holdings is principally engaged in the provision of business consulting service and IT customization solutions in the Republic of Singapore.