GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Inner East Community Finance Ltd (XNEC:IEC) » Definitions » Debt-to-EBITDA

Inner East Community Finance (XNEC:IEC) Debt-to-EBITDA : 0.00 (As of Dec. 2022)


View and export this data going back to 2012. Start your Free Trial

What is Inner East Community Finance Debt-to-EBITDA?

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

Inner East Community Finance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil. Inner East Community Finance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was A$0.00 Mil. Inner East Community Finance's annualized EBITDA for the quarter that ended in Dec. 2022 was A$-1.70 Mil. Inner East Community Finance's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 0.00.

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 Inner East Community Finance's Debt-to-EBITDA or its related term are showing as below:

XNEC:IEC's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.32
* Ranked among companies with meaningful Debt-to-EBITDA only.

Inner East Community Finance Debt-to-EBITDA Historical Data

The historical data trend for Inner East Community Finance'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.

Inner East Community Finance Debt-to-EBITDA Chart

Inner East Community Finance Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.32 0.61 -0.28 -0.31 -

Inner East Community Finance Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 -0.26 -0.66 - - -

Competitive Comparison of Inner East Community Finance's Debt-to-EBITDA

For the Engineering & Construction subindustry, Inner East Community Finance'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.


Inner East Community Finance's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Inner East Community Finance's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Inner East Community Finance's Debt-to-EBITDA falls into.



Inner East Community Finance Debt-to-EBITDA Calculation

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

Inner East Community Finance's Debt-to-EBITDA for the fiscal year that ended in Jun. 2022 is calculated as

Inner East Community Finance's annualized Debt-to-EBITDA for the quarter 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 + 0) / -1.696
=0.00

* 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 two times the quarterly (Dec. 2022) EBITDA data.


Inner East Community Finance  (XNEC:IEC) 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.


Inner East Community Finance Debt-to-EBITDA Related Terms

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


Inner East Community Finance (XNEC:IEC) Business Description

Traded in Other Exchanges
N/A
Address
2 Regent Ave, Suite 2, Springvale, AUS, 3171
Inner East Community Finance Ltd provides plant hire services for the construction and building industry. The company also provides commercial and construction management services and sale of scaffolding equipment.

Inner East Community Finance (XNEC:IEC) Headlines

From GuruFocus

IEC Electronics to Present at the LD 500 Virtual Conference

By ACCESSWIRE ACCESSWIRE 08-20-2020

IEC Announces Purchase of Rochester, NY Facility

By Marketwired Marketwired 09-16-2020