CLPS (CLPS) Debt-to-EBITDA

: -15.49 (As of Dec. 2023)

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

CLPS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.9 Mil. CLPS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.9 Mil. CLPS's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1.2 Mil. CLPS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -15.49.

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

CLPS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.81 Med: 0.86 Max: 176.04
Current: 176.04

During the past 8 years, the highest Debt-to-EBITDA Ratio of CLPS was 176.04. The lowest was -0.81. And the median was 0.86.

CLPS's Debt-to-EBITDA is ranked worse than
99.75% of 1590 companies
in the Software industry
Industry Median: 1.035 vs CLPS: 176.04

CLPS Debt-to-EBITDA Historical Data

The historical data trend for CLPS'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.

CLPS Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

-0.81

0.58

0.83

1.74

3.09

CLPS Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA												0.85	-16.01	5.16	7.95	-15.49

Competitive Comparison

For the Information Technology Services subindustry, CLPS'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.

CLPS Debt-to-EBITDA Distribution

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

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

CLPS Debt-to-EBITDA Calculation

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

CLPS's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(11.267	+	0.104)	/	3.679
	=	3.09

CLPS'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
	=	(16.93	+	1.906)	/	-1.216
	=	-15.49

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. 2023) EBITDA data.

CLPS (NAS:CLPS) 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.

CLPS Debt-to-EBITDA Related Terms

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CLPS (CLPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CLPS Inc (NAS:CLPS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

1UK:Germany

Address

c/o Unit 1000, 10th Floor, Millennium City III, 378 Kwun Tong Road, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.clpsglobal.com

CLPS Inc is a holding company. The company through its subsidiaries provides information technology consulting and solutions institutions in banking, insurance, and financial sectors, both in China and globally. Its products are Risk Control Platform, Transaction Acquiring Platform, Debt Collection Platform, Virtual Bank Training Platform, Credit Card System, and other related products. The company generates its revenue from IT consulting service, Customized IT solution service, and other. Generating majority of its revenue from the IT consulting service.