GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » VerifyMe Inc (NAS:VRME) » Definitions » Debt-to-EBITDA

VRME (VerifyMe) Debt-to-EBITDA : -0.99 (As of Sep. 2024)


View and export this data going back to 2020. Start your Free Trial

What is VerifyMe Debt-to-EBITDA?

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

VerifyMe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.67 Mil. VerifyMe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1.78 Mil. VerifyMe's annualized EBITDA for the quarter that ended in Sep. 2024 was $-2.47 Mil. VerifyMe's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.99.

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

VRME' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.37   Med: -0.08   Max: -0.02
Current: -2.37

During the past 13 years, the highest Debt-to-EBITDA Ratio of VerifyMe was -0.02. The lowest was -2.37. And the median was -0.08.

VRME's Debt-to-EBITDA is ranked worse than
100% of 820 companies
in the Business Services industry
Industry Median: 1.825 vs VRME: -2.37

VerifyMe Debt-to-EBITDA Historical Data

The historical data trend for VerifyMe'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.

VerifyMe Debt-to-EBITDA Chart

VerifyMe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.02 - -0.17 -1.41

VerifyMe Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 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 -1.05 2.20 -1.35 -2.77 -0.99

Competitive Comparison of VerifyMe's Debt-to-EBITDA

For the Security & Protection Services subindustry, VerifyMe'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.


VerifyMe's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VerifyMe's Debt-to-EBITDA distribution charts can be found below:

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



VerifyMe Debt-to-EBITDA Calculation

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

VerifyMe'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
=(0.67 + 2.282) / -2.095
=-1.41

VerifyMe'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
=(0.666 + 1.784) / -2.472
=-0.99

* 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.


VerifyMe  (NAS:VRME) 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.


VerifyMe Debt-to-EBITDA Related Terms

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


VerifyMe Business Description

Traded in Other Exchanges
N/A
Address
801 International Parkway, Fifth Floor, Lake Mary, FL, USA, 32746
VerifyMe Inc together with its subsidiaries, is a traceability and customer support services provider using specialized software and process technology. The company operates a Precision Logistics Segment and an Authentication Segment to provide specialized logistics for time-and-temperature sensitive products, as well as item-level traceability, anti-diversion and anti-counterfeit protection, brand protection and enhancement technology solutions. It Generates the majority of its revenue from the Precision Logistics Segment. Through its Precision Logistics segment, it provides a value-added service for sensitive parcel management driven by a proprietary software platform that provides predictive analytics from key metrics such as pre-shipment weather analysis, flight-tracking, and Others.
Executives
Adam H Stedham director GP STRATEGIES CORPORATION, 11000 BROKEN LAND PARKWAY, SUITE 200, COLUMBIA MD 21044
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Marshall S Geller director 10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Scott N Greenberg director 9 WEST 57 STREET, SUITE 4170, NEW YORK NY 10019
Paul Joseph Ryan officer: EVP, Authentication C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
David Bruce Edmonds director C/O VERIFYME, INC., 801 INTERNATIONAL PARKWAY, FIFTH FLOOR, LAKE MARY FL 32746
Howard Goldberg director
Fred Iii Volk officer: VP-Ops, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Jack Wang officer: CIO, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Curt Harris Kole officer: EVP-Sales, PeriShip Global LLC C/O VERIFYME, INC., 75 S. CLINTON AVE, SUITE 510, ROCHESTER NY 14604
Nancy L. Meyers officer: Senior VP, Finance & IR C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Margaret Gezerlis officer: Chief Financial Officer C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Keith Goldstein officer: Acting Chief Operating Officer C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604
Sandy Fliderman officer: Chief Technology Officer 3330 NORTHEAST 190TH STREET, APT 1815, AVENTURA FL 33180
Christopher P Gardner director C/O VERIFYME, INC., 75 S. CLINTON AVE., SUITE 510, ROCHESTER NY 14604