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ATI Airtest Technologies (ATI Airtest Technologies) Debt-to-EBITDA : -2.06 (As of Sep. 2023)


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What is ATI Airtest Technologies Debt-to-EBITDA?

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

ATI Airtest Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.29 Mil. ATI Airtest Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.80 Mil. ATI Airtest Technologies's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.53 Mil. ATI Airtest Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -2.06.

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

AATGF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.56   Med: 1.06   Max: 43.19
Current: 8.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of ATI Airtest Technologies was 43.19. The lowest was -13.56. And the median was 1.06.

AATGF's Debt-to-EBITDA is ranked worse than
88.48% of 2292 companies
in the Industrial Products industry
Industry Median: 1.75 vs AATGF: 8.32

ATI Airtest Technologies Debt-to-EBITDA Historical Data

The historical data trend for ATI Airtest 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.

ATI Airtest Technologies Debt-to-EBITDA Chart

ATI Airtest Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.57 3.04 -0.70 -2.31 43.07

ATI Airtest Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.71 0.65 -1.21 -157.88 -2.06

Competitive Comparison of ATI Airtest Technologies's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, ATI Airtest 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.


ATI Airtest Technologies's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ATI Airtest Technologies's Debt-to-EBITDA distribution charts can be found below:

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



ATI Airtest Technologies Debt-to-EBITDA Calculation

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

ATI Airtest Technologies's Debt-to-EBITDA for the fiscal year 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
=(0.537 + 0.798) / 0.031
=43.06

ATI Airtest Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.293 + 0.801) / -0.532
=-2.06

* 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 (Sep. 2023) EBITDA data.


ATI Airtest Technologies  (OTCPK:AATGF) 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.


ATI Airtest Technologies Debt-to-EBITDA Related Terms

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


ATI Airtest Technologies (ATI Airtest Technologies) Business Description

Traded in Other Exchanges
Address
1520 Cliveden Avenue, Unit 9, Delta, BC, CAN, V3M 6J8
ATI Airtest Technologies Inc is engaged in the manufacturing and selling of air testing equipment and related services in Canada and the United States. Its product offering includes WiFi Transmitters, Portables/Data Logging, EnOcean Transmitters, CO2 Demand Controlled Ventilation, Parking Garage Ventilation, Air Velocity, Agriculture, Gases For Health and Safety, Industrial Dew Point, Industrial Humidity and Temp, Moisture In Oil and Calibration. The company generates a majority of its revenue from the United States.