VIP Entertainment Technologies (TSXV:VIP.H) Debt-to-EBITDA : -0.71 (As of Dec. 2024)


What is VIP Entertainment Technologies Debt-to-EBITDA?

VIP Entertainment Technologies TSXV:VIP.H Debt-to-EBITDA is -0.71 as of Dec. 2024.

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

VIP Entertainment Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.13 Mil. VIP Entertainment Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. VIP Entertainment Technologies's annualized EBITDA for the quarter that ended in Dec. 2024 was C$-0.18 Mil. VIP Entertainment Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.71.

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

TSXV:VIP.H's Debt-to-EBITDA is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.605
* Ranked among companies with meaningful Debt-to-EBITDA only.

VIP Entertainment Technologies  (TSXV:VIP.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.

VIP Entertainment Technologies Debt-to-EBITDA Related Terms

VIP Entertainment Technologies Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for VIP Entertainment 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.

VIP Entertainment Technologies Debt-to-EBITDA Chart

VIP Entertainment Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
N/A 0.00 0.00 0.00

VIP Entertainment Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 -0.05 -0.44 -0.07 -0.24 -0.71

TSXV:VIP.H vs DKNG, CHDN, LNW: Debt-to-EBITDA Comparison

For the Gambling subindustry, VIP Entertainment 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.

VIP Entertainment Technologies Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, VIP Entertainment Technologies's Debt-to-EBITDA distribution charts can be found below:

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


VIP Entertainment Technologies Debt-to-EBITDA Calculation

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

VIP Entertainment Technologies's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.088
=0.00

VIP Entertainment Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.128 + 0) / -0.18
=-0.71

* 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. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.71 mean?
VIP Entertainment Technologies (TSXV:VIP.H) has a Debt-to-EBITDA of -0.71 as of Dec. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on VIP Entertainment Technologies.
Is VIP Entertainment Technologies' Debt-to-EBITDA too high?
VIP Entertainment Technologies' current Debt-to-EBITDA is -0.71.
How does VIP Entertainment Technologies' Debt-to-EBITDA compare to DKNG and CHDN?
VIP Entertainment Technologies' Debt-to-EBITDA of -0.71 can be compared against companies in the Travel & Leisure industry. The industry median Debt-to-EBITDA is 2.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.61, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on VIP Entertainment Technologies. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Entertainment Technologies's current Debt-to-EBITDA is -0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Entertainment Technologies stock overvalued right now?
VIP Entertainment Technologies (TSXV:VIP.H) has a current Debt-to-EBITDA of -0.71. The current Debt-to-EBITDA is -0.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For VIP Entertainment Technologies (TSXV:VIP.H), the current Debt-to-EBITDA is -0.71 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VIP Entertainment Technologies Business Description

Address 3200, 500 4th Avenue SW, Calgary, AB, CAN, T2P 2V6
VIP Entertainment Technologies Inc is engaged in sports betting, casino games and poker through its VIP Bets platform and social gaming through its Free to Play platform, VIPFree2Play were suspended.