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Omni Bridgeway (ASX:OBL) Debt-to-EBITDA : 3.10 (As of Dec. 2023)


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What is Omni Bridgeway Debt-to-EBITDA?

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

Omni Bridgeway's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.6 Mil. Omni Bridgeway's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$206.3 Mil. Omni Bridgeway's annualized EBITDA for the quarter that ended in Dec. 2023 was A$67.8 Mil. Omni Bridgeway's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.09.

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 Omni Bridgeway's Debt-to-EBITDA or its related term are showing as below:

ASX:OBL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.74   Med: 3.51   Max: 29.86
Current: 2.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of Omni Bridgeway was 29.86. The lowest was -15.74. And the median was 3.51.

ASX:OBL's Debt-to-EBITDA is ranked better than
72.14% of 262 companies
in the Credit Services industry
Industry Median: 7.34 vs ASX:OBL: 2.64

Omni Bridgeway Debt-to-EBITDA Historical Data

The historical data trend for Omni Bridgeway'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.

Omni Bridgeway Debt-to-EBITDA Chart

Omni Bridgeway 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 -3.07 4.08 -5.59 18.32 29.86

Omni Bridgeway 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 -4.93 3.23 -2.00 2.19 3.10

Competitive Comparison of Omni Bridgeway's Debt-to-EBITDA

For the Credit Services subindustry, Omni Bridgeway'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.


Omni Bridgeway's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Omni Bridgeway's Debt-to-EBITDA distribution charts can be found below:

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



Omni Bridgeway Debt-to-EBITDA Calculation

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

Omni Bridgeway'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
=(2.933 + 196.647) / 6.683
=29.86

Omni Bridgeway'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
=(3.57 + 206.346) / 67.834
=3.09

* 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.


Omni Bridgeway  (ASX:OBL) 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.


Omni Bridgeway Debt-to-EBITDA Related Terms

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


Omni Bridgeway (ASX:OBL) Business Description

Traded in Other Exchanges
Address
35 Clarence Street, Level 7, Sydney, NSW, AUS, 2000
Omni Bridgeway Ltd investigates, manages, and funds litigation claims in Australia. The company's practice areas include commercial litigation, funding for insolvency, class actions, and arbitration. Its operating segment includes Corporate; Fund 1; Fund 2 and 3; Fund 4; Fund 5 and Fund 6. The company generates maximum revenue from the Corporate segment. Geographically, it derives a majority of its revenue from Europe.

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