A2Z Smart Technologies (A2Z Smart Technologies) Debt-to-EBITDA

: -0.13 (As of Dec. 2023)

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

A2Z Smart Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.36 Mil. A2Z Smart Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.64 Mil. A2Z Smart Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was $-15.49 Mil. A2Z Smart Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.13.

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 A2Z Smart Technologies's Debt-to-EBITDA or its related term are showing as below:

AZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.28 Med: -0.15 Max: -0.02
Current: -0.12

During the past 6 years, the highest Debt-to-EBITDA Ratio of A2Z Smart Technologies was -0.02. The lowest was -0.28. And the median was -0.15.

AZ's Debt-to-EBITDA is ranked worse than
100% of 232 companies
in the Aerospace & Defense industry
Industry Median: 2.325 vs AZ: -0.12

A2Z Smart Technologies Debt-to-EBITDA Historical Data

The historical data trend for A2Z Smart Technologies'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.

A2Z Smart Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.28

-0.18

-0.02

-0.15

-0.12

A2Z Smart Technologies 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															-0.12	-0.18	-0.12	-0.10	-0.13

Competitive Comparison

For the Aerospace & Defense subindustry, A2Z Smart Technologies'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.

A2Z Smart Technologies Debt-to-EBITDA Distribution

For the Aerospace & Defense industry and Industrials sector, A2Z Smart Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where A2Z Smart Technologies's Debt-to-EBITDA falls into.

A2Z Smart Technologies Debt-to-EBITDA Calculation

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

A2Z Smart Technologies'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
	=	(1.356	+	0.638)	/	-16.883
	=	-0.12

A2Z Smart Technologies'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
	=	(1.356	+	0.638)	/	-15.492
	=	-0.13

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.

A2Z Smart Technologies (NAS:AZ) 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.

A2Z Smart Technologies Debt-to-EBITDA Related Terms

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A2Z Smart Technologies (A2Z Smart Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » A2Z Smart Technologies Corp (NAS:AZ) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

AZ:Canada

Address

559 Briar Hill Avenue, Toronto, ON, CAN, M5N 1N1

Website

https://www.a2zas.com

A2Z Smart Technologies Corp is a technology company in Israel providing products to the Israeli Defense and Security Forces, specializing in military unmanned robotics and state-of-the-art automation and electronics technology. The company commenced the development of two products for the automotive market. The first product is a capsule that can be placed in a fuel tank to prevent gas tank explosions. The second product under development is a vehicle cover device that will protect automobiles from extreme weather conditions while the vehicle is not in use. The company also provides maintenance services to both external and in-house complex electronic systems and products.