Triterras (Triterras) Debt-to-EBITDA : -0.12 (As of Aug. 2022)

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What is Triterras Debt-to-EBITDA?

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

Triterras's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was $3.38 Mil. Triterras's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was $1.18 Mil. Triterras's annualized EBITDA for the quarter that ended in Aug. 2022 was $-39.77 Mil. Triterras's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2022 was -0.11.

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

TRIRF's Debt-to-EBITDA is not ranked ^*
in the Software industry.
Industry Median: 1.06
* Ranked among companies with meaningful Debt-to-EBITDA only.

Triterras Debt-to-EBITDA Historical Data

The historical data trend for Triterras'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.

Triterras Debt-to-EBITDA Chart

Triterras Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Debt-to-EBITDA

0.02

0.04

Triterras Semi-Annual Data
	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Debt-to-EBITDA	Get a 7-Day Free Trial			0.02	0.02	0.03	0.09	-0.12

Competitive Comparison of Triterras's Debt-to-EBITDA

For the Software - Application subindustry, Triterras'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.

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

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

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

Triterras Debt-to-EBITDA Calculation

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

Triterras's Debt-to-EBITDA for the fiscal year that ended in Feb. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.345	+	1.194)	/	37.249
	=	0.04

Triterras's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.376	+	1.182)	/	-39.77
	=	-0.11

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 (Aug. 2022) EBITDA data.

Triterras (OTCPK:TRIRF) 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.

Triterras Debt-to-EBITDA Related Terms

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Triterras (Triterras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Triterras Inc (OTCPK:TRIRF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23-04 Republic Plaza, 9 Raffles Place, Singapore, SGP, 048619

Website

https://www.triterras.com

Triterras Inc is a fintech company. The company is focused on trade and trade finance. Its technology platform facilitates commodities trading that connects and enables commodity traders to trade and source capital from lenders directly online. Also, the company focuses on credit insurance and logistics solutions for small and medium-sized enterprises using innovative blockchain-enabled technology.