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Inspire Veterinary Partners (Inspire Veterinary Partners) Debt-to-EBITDA : -1.55 (As of Dec. 2023)


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What is Inspire Veterinary Partners Debt-to-EBITDA?

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

Inspire Veterinary Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.43 Mil. Inspire Veterinary Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15.00 Mil. Inspire Veterinary Partners's annualized EBITDA for the quarter that ended in Dec. 2023 was $-11.87 Mil. Inspire Veterinary Partners's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.55.

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

IVP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.12   Med: -6.85   Max: -1.7
Current: -1.7

During the past 3 years, the highest Debt-to-EBITDA Ratio of Inspire Veterinary Partners was -1.70. The lowest was -8.12. And the median was -6.85.

IVP's Debt-to-EBITDA is ranked worse than
100% of 79 companies
in the Personal Services industry
Industry Median: 3.42 vs IVP: -1.70

Inspire Veterinary Partners Debt-to-EBITDA Historical Data

The historical data trend for Inspire Veterinary Partners'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.

Inspire Veterinary Partners Debt-to-EBITDA Chart

Inspire Veterinary Partners Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
-6.85 -8.12 -1.70

Inspire Veterinary Partners Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -5.48 -9.57 -10.31 -0.59 -1.55

Competitive Comparison of Inspire Veterinary Partners's Debt-to-EBITDA

For the Personal Services subindustry, Inspire Veterinary Partners'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.


Inspire Veterinary Partners's Debt-to-EBITDA Distribution in the Personal Services Industry

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

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



Inspire Veterinary Partners Debt-to-EBITDA Calculation

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

Inspire Veterinary Partners's Debt-to-EBITDA for the fiscal year 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
=(3.425 + 14.997) / -10.839
=-1.70

Inspire Veterinary Partners'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
=(3.425 + 14.997) / -11.868
=-1.55

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Inspire Veterinary Partners  (NAS:IVP) 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.


Inspire Veterinary Partners Debt-to-EBITDA Related Terms

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


Inspire Veterinary Partners (Inspire Veterinary Partners) Business Description

Traded in Other Exchanges
N/A
Address
780 Lynnhaven Parkway, Suite 400 Virginia Beach, Virginia, Virginia Beach, VA, USA, 23452
Website
Inspire Veterinary Partners Inc owns and operates veterinary hospitals throughout the United States. The company specializes in small animal general practice hospitals which serve all manner of companion pets, emphasizing canine and feline breeds.
Executives
Alexander Lawrence director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Charles Stith Keiser director, officer: Chief Operating Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Erinn Thomas-mackey director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Kimball Carr director, officer: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, VA 23452
Peter Lau director P.O. BOX 1237, SPRINGDALE AR 72765
Anne Murphy director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Wilderness Trace Veterinary Partners, Llc other: See Remarks 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Timothy Watters director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Suprock Louis John director 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH VA 23452
Richard Frank officer: Chief Financial Officer 780 LYNNHAVEN PARKWAY, SUITE 400, VIRGINIA BEACH, FL 23452

Inspire Veterinary Partners (Inspire Veterinary Partners) Headlines