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Pier 12 Capital (ASX:AVC) Debt-to-EBITDA : 0.54 (As of Dec. 2024)


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What is Pier 12 Capital Debt-to-EBITDA?

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

Pier 12 Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.49 Mil. Pier 12 Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.87 Mil. Pier 12 Capital's annualized EBITDA for the quarter that ended in Dec. 2024 was A$2.51 Mil. Pier 12 Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.54.

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 Pier 12 Capital's Debt-to-EBITDA or its related term are showing as below:

ASX:AVC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.83   Med: -0.03   Max: 0.87
Current: 0.87

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pier 12 Capital was 0.87. The lowest was -0.83. And the median was -0.03.

ASX:AVC's Debt-to-EBITDA is ranked better than
56.69% of 381 companies
in the Asset Management industry
Industry Median: 1.32 vs ASX:AVC: 0.87

Pier 12 Capital Debt-to-EBITDA Historical Data

The historical data trend for Pier 12 Capital'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.

Pier 12 Capital Debt-to-EBITDA Chart

Pier 12 Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 0.02 -0.55 0.41 -0.83

Pier 12 Capital Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.42 0.43 -0.67 2.64 0.54

Competitive Comparison of Pier 12 Capital's Debt-to-EBITDA

For the Asset Management subindustry, Pier 12 Capital'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.


Pier 12 Capital's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pier 12 Capital's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pier 12 Capital's Debt-to-EBITDA falls into.


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Pier 12 Capital Debt-to-EBITDA Calculation

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

Pier 12 Capital's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.464 + 1.115) / -1.897
=-0.83

Pier 12 Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.486 + 0.865) / 2.514
=0.54

* 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. 2024) EBITDA data.


Pier 12 Capital  (ASX:AVC) 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.


Pier 12 Capital Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Pier 12 Capital's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Pier 12 Capital Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 23, Melbourne, VIC, AUS, 3000
Pier 12 Capital Ltd is a asset management company. It is focusing on opportunities across private equity, infrastructure and private real estate. Its core investment thesis is investing in sectors with tailwinds and potential to scale.

Pier 12 Capital Headlines

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