Wavefront Technology Solutions (TSXV:WEE.H) Debt-to-EBITDA : -0.24 (As of May. 2022)

Wavefront Technology Solutions Debt-to-EBITDA Chart

Wavefront Technology Solutions Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Debt-to-EBITDA		Get a 7-Day Free Trial					-	-	-	-0.23	-0.46

Wavefront Technology Solutions Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.45	-0.64	-0.23	-0.30	-0.24

Competitive Comparison of Wavefront Technology Solutions's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.

Wavefront Technology Solutions's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Debt-to-EBITDA distribution charts can be found below:

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

Wavefront Technology Solutions Debt-to-EBITDA Calculation

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

Wavefront Technology Solutions's Debt-to-EBITDA for the fiscal year that ended in Aug. 2021 is calculated as

Wavefront Technology Solutions's annualized Debt-to-EBITDA for the quarter that ended in May. 2022 is calculated as

* 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 (May. 2022) EBITDA data.

Wavefront Technology Solutions  (TSXV:WEE.H) 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.

Wavefront Technology Solutions Debt-to-EBITDA Related Terms

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

Wavefront Technology Solutions (TSXV:WEE.H) Business Description