Vection Technologies (ASX:VR1) Debt-to-EBITDA : -0.66 (As of Dec. 2023)

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What is Vection Technologies Debt-to-EBITDA?

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

Vection Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$8.17 Mil. Vection Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$1.82 Mil. Vection Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-15.18 Mil. Vection Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.66.

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 Vection Technologies's Debt-to-EBITDA or its related term are showing as below:

ASX:VR1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.15 Med: -0.92 Max: -0.1
Current: -1.03

During the past 7 years, the highest Debt-to-EBITDA Ratio of Vection Technologies was -0.10. The lowest was -3.15. And the median was -0.92.

ASX:VR1's Debt-to-EBITDA is ranked worse than
100% of 1610 companies
in the Software industry
Industry Median: 1.05 vs ASX:VR1: -1.03

Vection Technologies Debt-to-EBITDA Historical Data

The historical data trend for Vection Technologies'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.

Vection Technologies Debt-to-EBITDA Chart

Vection Technologies Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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-2.42

-3.15

-0.70

-1.14

Vection Technologies Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial									-0.70	-0.50	-0.26	-2.51	-0.66

Competitive Comparison of Vection Technologies's Debt-to-EBITDA

For the Software - Application subindustry, Vection Technologies'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.

Vection Technologies's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Vection Technologies's Debt-to-EBITDA distribution charts can be found below:

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

Vection Technologies Debt-to-EBITDA Calculation

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

Vection Technologies'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
	=	(8.325	+	2.358)	/	-9.408
	=	-1.14

Vection Technologies'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
	=	(8.172	+	1.821)	/	-15.178
	=	-0.66

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.

Vection Technologies (ASX:VR1) 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.

Vection Technologies Debt-to-EBITDA Related Terms

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

Vection Technologies (ASX:VR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vection Technologies Ltd (ASX:VR1) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

355 Scarborough Beach Road, Level 4, Building C, Garden Office Park, Osborne Park, WA, AUS, 6017

Website

https://www.vection.com.au

Vection Technologies Ltd is a software company that focuses on real-time technologies for industrial companies' digital transformation, Through a combination of 3D, Virtual Reality, Augmented Reality, Industrial IoT, and CAD solutions. It operates in two segments namely Information Technology(IT) development division and Outsourced services division. The majority of the revenue is derived from the IT development division. Mindesk, EnWorks, 3DFrame, Configurator and XRKiosk are the products of the company.

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