GETECH Group (LSE:GTC) Debt-to-EBITDA : -0.14 (As of Jun. 2023)

GETECH Group Debt-to-EBITDA Chart

GETECH Group Annual Data
	Trend	Jul12	Jul13	Jul14	Jul15	Jul16	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-EBITDA		Get a 7-Day Free Trial					1.44	-0.73	-2.07	-0.81	-0.44

GETECH Group Semi-Annual Data
	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial															-23.88	-0.41	-0.58	-0.33	-0.14

Competitive Comparison of GETECH Group's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, GETECH 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.

GETECH Group's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, GETECH Group's Debt-to-EBITDA distribution charts can be found below:

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

GETECH Group Debt-to-EBITDA Calculation

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

GETECH Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

GETECH Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

* 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 (Jun. 2023) EBITDA data.

GETECH Group  (LSE:GTC) 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.

GETECH Group Debt-to-EBITDA Related Terms

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GETECH Group (LSE:GTC) Business Description