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Starrex International (XCNQ:STX) Debt-to-EBITDA : -42.66 (As of Sep. 2023)


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What is Starrex International Debt-to-EBITDA?

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

Starrex International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$12.79 Mil. Starrex International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$2.05 Mil. Starrex International's annualized EBITDA for the quarter that ended in Sep. 2023 was C$-0.35 Mil. Starrex International's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -42.66.

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

XCNQ:STX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.78   Med: -0.2   Max: 2.86
Current: -5.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Starrex International was 2.86. The lowest was -5.78. And the median was -0.20.

XCNQ:STX's Debt-to-EBITDA is ranked worse than
100% of 32 companies
in the Banks industry
Industry Median: 10.23 vs XCNQ:STX: -5.78

Starrex International Debt-to-EBITDA Historical Data

The historical data trend for Starrex International'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.

Starrex International Debt-to-EBITDA Chart

Starrex International 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 -1.18 -0.95 0.07 2.86 -1.13

Starrex International 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 -10.00 -0.30 -6.65 -3.85 -42.66

Competitive Comparison of Starrex International's Debt-to-EBITDA

For the Mortgage Finance subindustry, Starrex International'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.


Starrex International's Debt-to-EBITDA Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Starrex International's Debt-to-EBITDA distribution charts can be found below:

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



Starrex International Debt-to-EBITDA Calculation

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

Starrex International'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
=(1.282 + 0.117) / -1.243
=-1.13

Starrex International'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
=(12.791 + 2.054) / -0.348
=-42.66

* 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.


Starrex International  (XCNQ:STX) 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.


Starrex International Debt-to-EBITDA Related Terms

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


Starrex International (XCNQ:STX) Business Description

Traded in Other Exchanges
Address
1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Property Interlink, LLC managed residential appraisals and maintained all of the ordering, tracking, administrative duties and details and ensured the timeliness of appraisals that are handled during a real estate mortgage transaction, MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities, and Reliable Valuation Service, LLC provided residential evaluations of residential real estate to third parties.