Openn Negotiation (ASX:OPN) Debt-to-EBITDA : -0.01 (As of Dec. 2023)

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What is Openn Negotiation Debt-to-EBITDA?

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

Openn Negotiation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.04 Mil. Openn Negotiation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Openn Negotiation's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-3.97 Mil. Openn Negotiation's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.01.

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 Openn Negotiation's Debt-to-EBITDA or its related term are showing as below:

ASX:OPN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.01 Med: 0 Max: 0
Current: -0.01

ASX:OPN's Debt-to-EBITDA is ranked worse than
100% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs ASX:OPN: -0.01

Openn Negotiation Debt-to-EBITDA Historical Data

The historical data trend for Openn Negotiation'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.

Openn Negotiation Debt-to-EBITDA Chart

Openn Negotiation Annual Data

Trend

Jun22

Debt-to-EBITDA

Openn Negotiation Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.01	-	-0.03	-0.02	-0.01

Competitive Comparison of Openn Negotiation's Debt-to-EBITDA

For the Real Estate Services subindustry, Openn Negotiation'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.

Openn Negotiation's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Openn Negotiation's Debt-to-EBITDA distribution charts can be found below:

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

Openn Negotiation Debt-to-EBITDA Calculation

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

Openn Negotiation's Debt-to-EBITDA for the fiscal year that ended in Jun. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.015	+	0)	/	-7.732
	=	-0.00

Openn Negotiation'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
	=	(0.041	+	0)	/	-3.972
	=	-0.01

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.

Openn Negotiation (ASX:OPN) 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.

Openn Negotiation Debt-to-EBITDA Related Terms

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

Openn Negotiation (ASX:OPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Openn Negotiation Ltd (ASX:OPN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Stirling Road, Level 1, PO Box 896, Claremont, WA, AUS, 6910

Website

https://www.openn.com.au

Openn Negotiation Ltd operates a property technology business providing a proprietary cloud-based software platform to support real estate agents in selling property online with greater transparency. Its revenues are majorly driven by the number of agents certified to use the Openn platform and the number of properties uploaded for sale through the Openn platform each month. Geographically company derives key revenue from Australia and includes The USA.

Openn Negotiation (ASX:OPN) Headlines

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