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Premier Veterinary Group (AQSE:PVG.GB) Debt-to-EBITDA : -2.98 (As of Mar. 2020)


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What is Premier Veterinary Group Debt-to-EBITDA?

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

Premier Veterinary Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was £0.00 Mil. Premier Veterinary Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was £4.45 Mil. Premier Veterinary Group's annualized EBITDA for the quarter that ended in Mar. 2020 was £-1.49 Mil. Premier Veterinary Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2020 was -2.98.

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 Premier Veterinary Group's Debt-to-EBITDA or its related term are showing as below:

AQSE:PVG.GB's Debt-to-EBITDA is not ranked *
in the Personal Services industry.
Industry Median: 3.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Premier Veterinary Group Debt-to-EBITDA Historical Data

The historical data trend for Premier Veterinary Group'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.

Premier Veterinary Group Debt-to-EBITDA Chart

Premier Veterinary Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.26 -0.30 - -0.31 -1.60

Premier Veterinary Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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 - -0.35 -1.50 -1.71 -2.98

Competitive Comparison of Premier Veterinary Group's Debt-to-EBITDA

For the Personal Services subindustry, Premier Veterinary Group'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.


Premier Veterinary Group's Debt-to-EBITDA Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Premier Veterinary Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Premier Veterinary Group's Debt-to-EBITDA falls into.



Premier Veterinary Group Debt-to-EBITDA Calculation

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

Premier Veterinary Group's Debt-to-EBITDA for the fiscal year that ended in Sep. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3.85) / -2.409
=-1.60

Premier Veterinary Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 4.45) / -1.492
=-2.98

* 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 two times the quarterly (Mar. 2020) EBITDA data.


Premier Veterinary Group  (AQSE:PVG.GB) 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.


Premier Veterinary Group Debt-to-EBITDA Related Terms

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


Premier Veterinary Group (AQSE:PVG.GB) Business Description

Traded in Other Exchanges
N/A
Address
Bond Street, New Bond House, Bristol, GBR, BS2 9AG
Premier Veterinary Group PLC is a non-medical service provides mainly to veterinary centers. The company business operates in the veterinary industry and mainly provides support services for day to day running of veterinary centers. The company business is organized into three geographical regions: Premier Pet Care Plan (PPCP) the United Kingdom, PPCP Europe (including the Republic of Ireland), and PPCP US. Most of its revenues are generated from the Premier Pet Care Plan - UK.

Premier Veterinary Group (AQSE:PVG.GB) Headlines

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