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Katipult Technology (Katipult Technology) Debt-to-EBITDA : 85.89 (As of Sep. 2023)


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What is Katipult Technology Debt-to-EBITDA?

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

Katipult Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.88 Mil. Katipult Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.90 Mil. Katipult Technology's annualized EBITDA for the quarter that ended in Sep. 2023 was $0.04 Mil. Katipult Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 85.89.

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

KTPPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -67.5   Med: -2.17   Max: -1.62
Current: -8.96

During the past 7 years, the highest Debt-to-EBITDA Ratio of Katipult Technology was -1.62. The lowest was -67.50. And the median was -2.17.

KTPPF's Debt-to-EBITDA is ranked worse than
100% of 1599 companies
in the Software industry
Industry Median: 1.04 vs KTPPF: -8.96

Katipult Technology Debt-to-EBITDA Historical Data

The historical data trend for Katipult Technology'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.

Katipult Technology Debt-to-EBITDA Chart

Katipult Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial -1.62 -67.04 -1.80 -2.17 -4.57

Katipult Technology 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 -3.17 3.37 -2.00 -4.46 85.89

Competitive Comparison of Katipult Technology's Debt-to-EBITDA

For the Software - Application subindustry, Katipult Technology'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.


Katipult Technology's Debt-to-EBITDA Distribution in the Software Industry

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

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



Katipult Technology Debt-to-EBITDA Calculation

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

Katipult Technology'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
=(0.032 + 3.081) / -0.681
=-4.57

Katipult Technology'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
=(2.884 + 0.895) / 0.044
=85.89

* 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.


Katipult Technology  (OTCPK:KTPPF) 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.


Katipult Technology Debt-to-EBITDA Related Terms

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


Katipult Technology (Katipult Technology) Business Description

Traded in Other Exchanges
Address
144 - 4th Ave SW, Suite 1600, Calgary, AB, CAN, T2P 3N4
Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.

Katipult Technology (Katipult Technology) Headlines

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