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Navigator Global Investments (ASX:NGI) Debt-to-EBITDA : 0.67 (As of Dec. 2023)


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What is Navigator Global Investments Debt-to-EBITDA?

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

Navigator Global Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$6.0 Mil. Navigator Global Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$80.8 Mil. Navigator Global Investments's annualized EBITDA for the quarter that ended in Dec. 2023 was A$129.1 Mil. Navigator Global Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.67.

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 Navigator Global Investments's Debt-to-EBITDA or its related term are showing as below:

ASX:NGI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.26   Med: 0.46   Max: 1.53
Current: 0.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Navigator Global Investments was 1.53. The lowest was 0.26. And the median was 0.46.

ASX:NGI's Debt-to-EBITDA is ranked better than
65.64% of 358 companies
in the Asset Management industry
Industry Median: 1.39 vs ASX:NGI: 0.60

Navigator Global Investments Debt-to-EBITDA Historical Data

The historical data trend for Navigator Global Investments'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.

Navigator Global Investments Debt-to-EBITDA Chart

Navigator Global Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.77 0.48 0.26 0.44

Navigator Global Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.20 0.26 0.39 0.36 0.67

Competitive Comparison of Navigator Global Investments's Debt-to-EBITDA

For the Asset Management subindustry, Navigator Global Investments'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.


Navigator Global Investments's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Navigator Global Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Navigator Global Investments's Debt-to-EBITDA falls into.



Navigator Global Investments Debt-to-EBITDA Calculation

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

Navigator Global Investments's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.357 + 51.201) / 129.05
=0.44

Navigator Global Investments'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
=(5.976 + 80.804) / 129.102
=0.67

* 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 (Dec. 2023) EBITDA data.


Navigator Global Investments  (ASX:NGI) 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.


Navigator Global Investments Debt-to-EBITDA Related Terms

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


Navigator Global Investments (ASX:NGI) Business Description

Traded in Other Exchanges
Address
9 Sherwood Road, Toowong, Toowong Tower, Level 3, Toowong, Brisbane, QLD, AUS, 4066
Navigator Global Investments Ltd is a holding company. The company is engaged in the provision of investment management products and services to investors. Its operating segment includes Lighthouse, NGI Strategic and Corporate. The company generates maximum revenue from the Lighthouse segment, which operates as a global absolute return funds manager for investment vehicles. The company has invested into diversified alternative asset management companies. The NGI Strategic segment holds several strategic investments on a minority basis. Including the strategic portfolio, Marble Capital and Invictus Capital investments.

Navigator Global Investments (ASX:NGI) Headlines

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