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LCLP (Life Clips) Debt-to-EBITDA : 0.29 (As of Mar. 2022)


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What is Life Clips Debt-to-EBITDA?

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

Life Clips's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $3.86 Mil. Life Clips's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.15 Mil. Life Clips's annualized EBITDA for the quarter that ended in Mar. 2022 was $13.72 Mil. Life Clips's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was 0.29.

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 Life Clips's Debt-to-EBITDA or its related term are showing as below:

LCLP's Debt-to-EBITDA is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.87
* Ranked among companies with meaningful Debt-to-EBITDA only.

Life Clips Debt-to-EBITDA Historical Data

The historical data trend for Life Clips'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.

Life Clips Debt-to-EBITDA Chart

Life Clips Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Debt-to-EBITDA
Get a 7-Day Free Trial 0.31 -0.39 0.51 -0.29 -1.42

Life Clips Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.15 -0.09 -3.38 -0.33 0.29

Competitive Comparison of Life Clips's Debt-to-EBITDA

For the Leisure subindustry, Life Clips'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.


Life Clips's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Life Clips's Debt-to-EBITDA distribution charts can be found below:

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


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Life Clips Debt-to-EBITDA Calculation

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

Life Clips's Debt-to-EBITDA for the fiscal year that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.124 + 0) / -2.911
=-1.42

Life Clips's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.861 + 0.147) / 13.716
=0.29

* 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 (Mar. 2022) EBITDA data.


Life Clips  (OTCPK:LCLP) 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.


Life Clips Debt-to-EBITDA Related Terms

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


Life Clips Business Description

Traded in Other Exchanges
N/A
Address
18851 NE 29th Avenue, Suite 700, PMB No. 348, Aventura, FL, USA, 33180
Life Clips Inc operates in the business of digital devices to capture videos and pictures. It offers a varied range of cameras, batteries, and adapters. The firm focuses on the marketing of the HP-branded cameras as well as the Mobeego branded batteries in the United States as well as internationally. In addition, it also operates in the energy unit product division which consists of a custom designed plastic casing, shaped like a small can of energy drink, hosting a powerful lithium battery for charging mobile devices.
Executives
Victoria Diana Rudman director, officer: CFO C/O CHATAND, INC., 244 5TH AVENUE, SUITE 68, NEW YORK NY 10001
Robert Grinberg director, officer: CEO 19515 PRESIDENTIAL WAY, MIAMI FL 33179