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Tavistock Investments (LSE:TAVI) Debt-to-EBITDA : 1.28 (As of Sep. 2023)


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What is Tavistock Investments Debt-to-EBITDA?

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

Tavistock Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Tavistock Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £2.73 Mil. Tavistock Investments's annualized EBITDA for the quarter that ended in Sep. 2023 was £2.13 Mil. Tavistock Investments's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.28.

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 Tavistock Investments's Debt-to-EBITDA or its related term are showing as below:

LSE:TAVI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.78   Med: 0.82   Max: 4.78
Current: 1.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tavistock Investments was 4.78. The lowest was -9.78. And the median was 0.82.

LSE:TAVI's Debt-to-EBITDA is ranked worse than
51.08% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs LSE:TAVI: 1.63

Tavistock Investments Debt-to-EBITDA Historical Data

The historical data trend for Tavistock Investments'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.

Tavistock Investments Debt-to-EBITDA Chart

Tavistock Investments Annual Data
Trend Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 -0.59 2.31 0.04 4.78

Tavistock Investments Semi-Annual Data
Dec13 Jun14 Dec14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.01 -0.13 -0.93 1.19 1.28

Competitive Comparison of Tavistock Investments's Debt-to-EBITDA

For the Capital Markets subindustry, Tavistock Investments'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.


Tavistock Investments's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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



Tavistock Investments Debt-to-EBITDA Calculation

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

Tavistock Investments's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.469 + 0.999) / 0.307
=4.78

Tavistock Investments's annualized Debt-to-EBITDA for the quarter 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
=(0 + 2.733) / 2.128
=1.28

* 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 (Sep. 2023) EBITDA data.


Tavistock Investments  (LSE:TAVI) 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.


Tavistock Investments Debt-to-EBITDA Related Terms

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


Tavistock Investments (LSE:TAVI) Business Description

Traded in Other Exchanges
N/A
Address
Lyndhurst Road, 1 Queen's Square, Ascot Business Park, Ascot, Berkshire, GBR, SL5 9FE
Tavistock Investments PLC is a UK-based company that is engaged in the provision of support services to a network of independent financial advisories (IFAs) and the provision of investment management services. The company's operating segments include Investment Management and Advisory Business. It generates maximum revenue from the Advisory Business segment. Revenue generated by the company mainly consists of fees and commissions received by providing services.

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