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Lite Access Technologies (Lite Access Technologies) Debt-to-EBITDA : -0.95 (As of Dec. 2023)


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What is Lite Access Technologies Debt-to-EBITDA?

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

Lite Access Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.43 Mil. Lite Access Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.11 Mil. Lite Access Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was $-0.57 Mil. Lite Access Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.95.

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

LTCCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.66   Med: -0.13   Max: 1
Current: -0.65

During the past 10 years, the highest Debt-to-EBITDA Ratio of Lite Access Technologies was 1.00. The lowest was -0.66. And the median was -0.13.

LTCCF's Debt-to-EBITDA is not ranked
in the Hardware industry.
Industry Median: 1.75 vs LTCCF: -0.65

Lite Access Technologies Debt-to-EBITDA Historical Data

The historical data trend for Lite Access 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.

Lite Access Technologies Debt-to-EBITDA Chart

Lite Access Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.23 -0.66 -0.21 -0.64

Lite Access 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 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 -0.87 -1.03 -0.45 -0.58 -0.95

Competitive Comparison of Lite Access Technologies's Debt-to-EBITDA

For the Communication Equipment subindustry, Lite Access 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.


Lite Access Technologies's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Lite Access Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Lite Access Technologies Debt-to-EBITDA Calculation

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

Lite Access Technologies's Debt-to-EBITDA for the fiscal year 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
=(0.058 + 0.488) / -0.852
=-0.64

Lite Access 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
=(0.426 + 0.113) / -0.568
=-0.95

* 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 (Dec. 2023) EBITDA data.


Lite Access Technologies  (OTCPK:LTCCF) 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.


Lite Access Technologies Debt-to-EBITDA Related Terms

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


Lite Access Technologies (Lite Access Technologies) Business Description

Traded in Other Exchanges
N/A
Address
110 – 6039 196 Street, Surrey, BC, CAN, V3S 7X4
Lite Access Technologies Inc is a manufacturer, distributor, and installer of fibre optic technology, specializing in micro ducts and air-blown fibre. The company also provides construction options for the deployment of the fibre optic. The business of the company operates in three reporting segments: Product sales, Fibre optic installations and concrete cutting. Fibre optic installations account for the majority of revenue. Its geographical segments are Canada, the United States, the United Kingdom, and others, of which the majority of its revenue comes from Canada.

Lite Access Technologies (Lite Access Technologies) Headlines