GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Saltire Capital Ltd (TSX:SLT.U) » Definitions » Debt-to-EBITDA

Saltire Capital (TSX:SLT.U) Debt-to-EBITDA : -0.04 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Saltire Capital Debt-to-EBITDA?

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

Saltire Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3.20 Mil. Saltire Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4.10 Mil. Saltire Capital's annualized EBITDA for the quarter that ended in Sep. 2024 was $-174.32 Mil. Saltire Capital's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.04.

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

TSX:SLT.U' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.15   Med: 0   Max: 0
Current: -0.15

TSX:SLT.U's Debt-to-EBITDA is ranked worse than
100% of 152 companies
in the Diversified Financial Services industry
Industry Median: 3.98 vs TSX:SLT.U: -0.15

Saltire Capital Debt-to-EBITDA Historical Data

The historical data trend for Saltire Capital'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.

Saltire Capital Debt-to-EBITDA Chart

Saltire Capital Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - -

Saltire Capital Quarterly Data
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 - - - -0.02 -0.04

Competitive Comparison of Saltire Capital's Debt-to-EBITDA

For the Shell Companies subindustry, Saltire Capital'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.


Saltire Capital's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Saltire Capital's Debt-to-EBITDA distribution charts can be found below:

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



Saltire Capital Debt-to-EBITDA Calculation

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

Saltire Capital'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 + 0) / -2.337
=0.00

Saltire Capital'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
=(3.201 + 4.104) / -174.316
=-0.04

* 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.


Saltire Capital  (TSX:SLT.U) 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.


Saltire Capital Debt-to-EBITDA Related Terms

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


Saltire Capital Business Description

Traded in Other Exchanges
N/A
Address
510 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6B 0M3
Website
Saltire Capital Ltd intends to build and grow a portfolio of profitable and cashflow-generating private investments that would not otherwise be available to public market investors through its proprietary origination process and to maximize its intrinsic value on a per-share basis over the long term by seeking to achieve superior investment performance commensurate with reasonable risk.

Saltire Capital Headlines

No Headlines