GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Capital Ltd (JSE:CND) » Definitions » Debt-to-EBITDA

Conduit Capital (JSE:CND) Debt-to-EBITDA : -0.46 (As of Dec. 2021)


View and export this data going back to 1999. Start your Free Trial

What is Conduit Capital Debt-to-EBITDA?

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

Conduit Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was R18.7 Mil. Conduit Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was R45.6 Mil. Conduit Capital's annualized EBITDA for the quarter that ended in Dec. 2021 was R-139.6 Mil. Conduit Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 was -0.46.

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 Conduit Capital's Debt-to-EBITDA or its related term are showing as below:

JSE:CND's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.415
* Ranked among companies with meaningful Debt-to-EBITDA only.

Conduit Capital Debt-to-EBITDA Historical Data

The historical data trend for Conduit Capital'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.

Conduit Capital Debt-to-EBITDA Chart

Conduit Capital Annual Data
Trend Aug12 Aug13 Aug14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.09 -0.11 -0.28

Conduit Capital Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 -0.09 -0.12 -0.68 -0.16 -0.46

Competitive Comparison of Conduit Capital's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Conduit Capital'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.


Conduit Capital's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Conduit Capital's Debt-to-EBITDA distribution charts can be found below:

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



Conduit Capital Debt-to-EBITDA Calculation

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

Conduit Capital's Debt-to-EBITDA for the fiscal year that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.89 + 49.073) / -244.247
=-0.28

Conduit Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.719 + 45.603) / -139.574
=-0.46

* 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. 2021) EBITDA data.


Conduit Capital  (JSE:CND) 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.


Conduit Capital Debt-to-EBITDA Related Terms

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


Conduit Capital (JSE:CND) Business Description

Traded in Other Exchanges
N/A
Address
2 Bruton Road, Building B, Nicol Main Office Park, Bryanston, Sandton, ZAF, 2191
Conduit Capital Ltd is a South Africa-based investment holding company. The company, through its subsidiaries and associates, carries on business in the financial services industry with a focus on insurance. It serves in two segments: Insurance and Risk, and Investment . The Insurance and Risk division includes the company's insurance interests. The company writes both short-term and long-term insurance business. The long-term business consists mainly of funeral cover, comprising both individual business and group schemes. Several lines of short-term business are written, providing cover to individuals and ensuring business risks. The main short-term lines of business include Guarantee, Liability, and Motor.