Auction Technology Group (LSE:ATG) Debt-to-EBITDA : 2.57 (As of Mar. 2024)

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What is Auction Technology Group Debt-to-EBITDA?

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

Auction Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £24.7 Mil. Auction Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £126.1 Mil. Auction Technology Group's annualized EBITDA for the quarter that ended in Mar. 2024 was £58.8 Mil. Auction Technology Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.56.

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 Auction Technology Group's Debt-to-EBITDA or its related term are showing as below:

LSE:ATG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -64.81 Med: 3.14 Max: 233.73
Current: 2.84

During the past 6 years, the highest Debt-to-EBITDA Ratio of Auction Technology Group was 233.73. The lowest was -64.81. And the median was 3.14.

LSE:ATG's Debt-to-EBITDA is ranked worse than
72.59% of 1616 companies
in the Software industry
Industry Median: 1.06 vs LSE:ATG: 2.84

Auction Technology Group Debt-to-EBITDA Historical Data

The historical data trend for Auction Technology Group'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.

Auction Technology Group Debt-to-EBITDA Chart

Auction Technology Group Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-EBITDA

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-14.68

233.73

18.38

3.76

2.52

Auction Technology Group Semi-Annual Data
	Sep18	Sep19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial					3.55	3.45	2.69	2.64	2.57

Competitive Comparison of Auction Technology Group's Debt-to-EBITDA

For the Software - Application subindustry, Auction Technology Group'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.

Auction Technology Group's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where Auction Technology Group's Debt-to-EBITDA falls into.

Auction Technology Group Debt-to-EBITDA Calculation

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

Auction Technology Group's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(13.46	+	111.625)	/	49.634
	=	2.52

Auction Technology Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(24.711	+	126.139)	/	58.812
	=	2.56

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 (Mar. 2024) EBITDA data.

Auction Technology Group (LSE:ATG) 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.

Auction Technology Group Debt-to-EBITDA Related Terms

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

Auction Technology Group (LSE:ATG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Auction Technology Group PLC (LSE:ATG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ATHGF:USA ATGl:UK 684:Germany

Address

65 Southwark Street, The Harlequin Building, London, GBR, SE1 0HR

Website

https://www.auctiontechnologygroup.com

Auction Technology Group PLC is engaged in the provision of auction technology software and related services to auction houses and other customers. Its goal is to simplify and integrate multiple parts of the online auction process, from the cataloguing of items to marketing, auction hosting, bidding and recent payment solutions. The group has four segments namely Arts and Antiques, Industrial and Commercial, Auction services, and Content. The majority of revenue is generated from Art & Antiques segment. Geographically the company serves the United Kingdom, Germany, and USA, where the majority of revenue is generated from USA.

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