WHSI (Wearable Health Solutions) Debt-to-EBITDA : 3.47 (As of Dec. 2023)

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What is Wearable Health Solutions Debt-to-EBITDA?

Wearable Health Solutions WHSI Debt-to-EBITDA is 3.47 as of Dec. 2023.

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

Wearable Health Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.36 Mil. Wearable Health Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. Wearable Health Solutions's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.68 Mil. Wearable Health Solutions's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.46.

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

WHSI's Debt-to-EBITDA is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.62
* Ranked among companies with meaningful Debt-to-EBITDA only.

Wearable Health Solutions  (OTCPK:WHSI) 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.


Wearable Health Solutions Debt-to-EBITDA Related Terms


Wearable Health Solutions Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Wearable Health Solutions'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.

Wearable Health Solutions Debt-to-EBITDA Chart

Wearable Health Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.24 -3.56 -0.86 -0.15 -1.22

Wearable Health Solutions Quarterly Data
Mar19 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 Premium Member Only -0.93 -1.02 -1.30 9.64 3.47

WHSI vs SNAL, GDEV, GRVY: Debt-to-EBITDA Comparison

For the Medical Instruments & Supplies subindustry, Wearable Health Solutions'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.


Wearable Health Solutions Debt-to-EBITDA vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Wearable Health Solutions's Debt-to-EBITDA distribution charts can be found below:

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



Wearable Health Solutions Debt-to-EBITDA Calculation

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

Wearable Health Solutions's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.749 + 0.018) / -2.261
=-1.22

Wearable Health Solutions'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
=(2.359 + 0.011) / 0.684
=3.46

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.47 mean?
Wearable Health Solutions (WHSI) has a Debt-to-EBITDA of 3.47 as of Dec. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Wearable Health Solutions.
Is Wearable Health Solutions' Debt-to-EBITDA too high?
Wearable Health Solutions' current Debt-to-EBITDA is 3.47. The Medical Devices & Instruments industry median Debt-to-EBITDA is 1.62. Wearable Health Solutions' value of 3.47 is 114.2% above this industry median.
How does Wearable Health Solutions' Debt-to-EBITDA compare to SNAL and GDEV?
Wearable Health Solutions' Debt-to-EBITDA of 3.47 can be compared against companies in the Medical Devices & Instruments industry. The industry median Debt-to-EBITDA is 1.62. Wearable Health Solutions' value of 3.47 is 114.2% above this benchmark. 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 Medical Devices & Instruments company?
The median Debt-to-EBITDA among Medical Devices & Instruments companies is 1.62, based on 469 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. Wearable Health Solutions's current Debt-to-EBITDA of 3.47 is 114.2% above the industry median. 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 Wearable Health Solutions. For the Medical Devices & Instruments industry, the median Debt-to-EBITDA is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wearable Health Solutions's current Debt-to-EBITDA is 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wearable Health Solutions stock overvalued right now?
Wearable Health Solutions (WHSI) has a current Debt-to-EBITDA of 3.47. The current Debt-to-EBITDA is 3.47 and 114.2% above the Medical Devices & Instruments industry median of 1.62. 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 Wearable Health Solutions (WHSI), the current Debt-to-EBITDA is 3.47 as of Dec. 2023. 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.

Wearable Health Solutions Business Description

Address 2901 Pacific Coast Highway, Suite 200, Newport Beach, CA, USA, 92663
Wearable Health Solutions Inc is engaged in manufacturing medical alarm devices which are used to summon help in the event of an emergency. The company provides mobile health (mHealth) products and services to be used by customers in case of an emergency. As a provider of personal emergency devices, it provides wearable healthcare products, tracking services, and turn-key solutions that enable its users to be proactive with their health, as well as safe and protected.