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Nexia Health Technologies (TSXV:NGH.H) Debt-to-EBITDA : 0.00 (As of Dec. 2019)


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What is Nexia Health Technologies Debt-to-EBITDA?

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

Nexia Health Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was C$0.00 Mil. Nexia Health Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was C$0.00 Mil. Nexia Health Technologies's annualized EBITDA for the quarter that ended in Dec. 2019 was C$-0.60 Mil. Nexia Health Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 was 0.00.

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 Nexia Health Technologies's Debt-to-EBITDA or its related term are showing as below:

TSXV:NGH.H's Debt-to-EBITDA is not ranked *
in the Conglomerates industry.
Industry Median: 3.12
* Ranked among companies with meaningful Debt-to-EBITDA only.

Nexia Health Technologies Debt-to-EBITDA Historical Data

The historical data trend for Nexia Health Technologies'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.

Nexia Health Technologies Debt-to-EBITDA Chart

Nexia Health Technologies Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.59 470.32 - - -

Nexia Health Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 - - - - -

Competitive Comparison of Nexia Health Technologies's Debt-to-EBITDA

For the Conglomerates subindustry, Nexia Health Technologies'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.


Nexia Health Technologies's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nexia Health Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Nexia Health Technologies Debt-to-EBITDA Calculation

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

Nexia Health Technologies's Debt-to-EBITDA for the fiscal year that ended in Mar. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.451
=0.00

Nexia Health Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

* 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. 2019) EBITDA data.


Nexia Health Technologies  (TSXV:NGH.H) 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.


Nexia Health Technologies Debt-to-EBITDA Related Terms

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


Nexia Health Technologies (TSXV:NGH.H) Business Description

Traded in Other Exchanges
N/A
Address
15 Allstate Parkway, 6th Floor, Markham, ON, CAN, L3R5B4
Nexia Health Technologies Inc engaged in the development, sale, and support of application software and related services to customers in the healthcare industry in Canada and the United States. The company is engaged in the licensing and sale of its intellectual property. It provides Healthcare Technology solutions, which involves Cloud, Clearinghouse, eForms designer and Mobile application designer. The company generates revenue by selling monthly utilization of its application software and by selling perpetual licenses of the company's application software and related support and maintenance. The company discontinued all its operation.

Nexia Health Technologies (TSXV:NGH.H) Headlines

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