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NetCents Technology (XCNQ:NC) Debt-to-EBITDA : -0.05 (As of Jul. 2020)


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What is NetCents Technology Debt-to-EBITDA?

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

NetCents Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2020 was C$0.65 Mil. NetCents Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2020 was C$1.26 Mil. NetCents Technology's annualized EBITDA for the quarter that ended in Jul. 2020 was C$-42.08 Mil. NetCents Technology's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2020 was -0.05.

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

XCNQ:NC's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 1.06
* Ranked among companies with meaningful Debt-to-EBITDA only.

NetCents Technology Debt-to-EBITDA Historical Data

The historical data trend for NetCents 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.

NetCents Technology Debt-to-EBITDA Chart

NetCents Technology Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19
Debt-to-EBITDA
-0.09 -0.15 -0.04 -0.04 -0.01

NetCents Technology Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
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 -0.02 - -0.31 -0.17 -0.05

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

For the Software - Infrastructure subindustry, NetCents 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.


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

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

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



NetCents Technology Debt-to-EBITDA Calculation

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

NetCents Technology's Debt-to-EBITDA for the fiscal year that ended in Oct. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.031 + 0) / -6.455
=-0.00

NetCents Technology's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.651 + 1.255) / -42.08
=-0.05

* 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 (Jul. 2020) EBITDA data.


NetCents Technology  (XCNQ:NC) 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.


NetCents Technology Debt-to-EBITDA Related Terms

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


NetCents Technology (XCNQ:NC) Business Description

Traded in Other Exchanges
N/A
Address
350-375 Water Street, Vancouver, BC, CAN, V6B 5C6
NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.

NetCents Technology (XCNQ:NC) Headlines