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Plurilock Security (TSXV:PLUR) Debt-to-EBITDA : -0.54 (As of Dec. 2023)


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What is Plurilock Security Debt-to-EBITDA?

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

Plurilock Security's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$4.61 Mil. Plurilock Security's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.27 Mil. Plurilock Security's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-10.81 Mil. Plurilock Security's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.54.

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

TSXV:PLUR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.85   Med: -0.39   Max: -0.01
Current: -0.77

During the past 5 years, the highest Debt-to-EBITDA Ratio of Plurilock Security was -0.01. The lowest was -0.85. And the median was -0.39.

TSXV:PLUR's Debt-to-EBITDA is ranked worse than
100% of 1616 companies
in the Software industry
Industry Median: 1.06 vs TSXV:PLUR: -0.77

Plurilock Security Debt-to-EBITDA Historical Data

The historical data trend for Plurilock Security'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.

Plurilock Security Debt-to-EBITDA Chart

Plurilock Security Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.39 -0.01 -0.03 -0.85 -0.77

Plurilock Security Quarterly Data
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 -0.91 -0.74 -0.47 -1.05 -0.54

Competitive Comparison of Plurilock Security's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Plurilock Security'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.


Plurilock Security's Debt-to-EBITDA Distribution in the Software Industry

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

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



Plurilock Security Debt-to-EBITDA Calculation

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

Plurilock Security'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
=(4.614 + 1.27) / -7.675
=-0.77

Plurilock Security'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
=(4.614 + 1.27) / -10.808
=-0.54

* 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.


Plurilock Security  (TSXV:PLUR) 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.


Plurilock Security Debt-to-EBITDA Related Terms

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


Plurilock Security (TSXV:PLUR) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, MNP Tower, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Plurilock Security Inc is an identity-centric cybersecurity company that reduces or eliminates the need for passwords by measuring the pace, rhythm, and cadence of a user's keystrokes to confirm their identity. It has two operating segments, the Technology Division and the Solutions Division. The Technology division, operated under the legacy Plurilock brand, builds and operates Plurilock's own proprietary products. The Solutions division offers ASC's and INC's services and resells cybersecurity industry products and technologies to meet customer needs.
Executives
Jord Tanner Senior Officer

Plurilock Security (TSXV:PLUR) Headlines

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