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Datable Technology (Datable Technology) Debt-to-EBITDA : -2.46 (As of Sep. 2023)


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What is Datable Technology Debt-to-EBITDA?

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

Datable Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.35 Mil. Datable Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.31 Mil. Datable Technology's annualized EBITDA for the quarter that ended in Sep. 2023 was $-1.08 Mil. Datable Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -2.45.

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

TTMZF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.67   Med: -0.4   Max: -0.04
Current: -1.67

During the past 11 years, the highest Debt-to-EBITDA Ratio of Datable Technology was -0.04. The lowest was -1.67. And the median was -0.40.

TTMZF's Debt-to-EBITDA is ranked worse than
100% of 1628 companies
in the Software industry
Industry Median: 1.06 vs TTMZF: -1.67

Datable Technology Debt-to-EBITDA Historical Data

The historical data trend for Datable Technology'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.

Datable Technology Debt-to-EBITDA Chart

Datable Technology Annual Data
Trend May13 May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.08 -0.04 -0.71 -0.79

Datable Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.82 -0.69 -1.91 -3.36 -2.46

Competitive Comparison of Datable Technology's Debt-to-EBITDA

For the Software - Application subindustry, Datable Technology'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.


Datable Technology's Debt-to-EBITDA Distribution in the Software Industry

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

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



Datable Technology Debt-to-EBITDA Calculation

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

Datable Technology's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.075 + 2.252) / -2.946
=-0.79

Datable Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.349 + 2.312) / -1.084
=-2.45

* 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. 2023) EBITDA data.


Datable Technology  (OTCPK:TTMZF) 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.


Datable Technology Debt-to-EBITDA Related Terms

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


Datable Technology (Datable Technology) Business Description

Traded in Other Exchanges
Address
1062 Homer Street, Suite 301, Vancouver, BC, CAN, V6B 2W9
Datable Technology Corp is a Canada-based technology company. It is operating in the consumer Internet advertising sector. It is a provider of digital and social media consumer engagement, data mining, and loyalty solutions. The company's core product is Platform3, a Software-as-a-Service consumer marketing platform, which enables consumer packaged goods companies and consumer brands to engage consumers and influence purchasing decisions through their mobile devices and online. Its geographical segments are Canada and the United States, of which the majority of its revenue comes from the United States.

Datable Technology (Datable Technology) Headlines

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