SSNC (SS&C Technologies Holdings) Debt-to-EBITDA : 3.65 (As of Sep. 2024)

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What is SS&C Technologies Holdings Debt-to-EBITDA?

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

SS&C Technologies Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $47 Mil. SS&C Technologies Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $7,331 Mil. SS&C Technologies Holdings's annualized EBITDA for the quarter that ended in Sep. 2024 was $2,022 Mil. SS&C Technologies Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.65.

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 SS&C Technologies Holdings's Debt-to-EBITDA or its related term are showing as below:

SSNC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.03 Med: 3.9 Max: 9.46
Current: 3.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of SS&C Technologies Holdings was 9.46. The lowest was 2.03. And the median was 3.90.

SSNC's Debt-to-EBITDA is ranked worse than
79.17% of 1642 companies
in the Software industry
Industry Median: 1.04 vs SSNC: 3.57

SS&C Technologies Holdings Debt-to-EBITDA Historical Data

The historical data trend for SS&C Technologies Holdings'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.

SS&C Technologies Holdings Debt-to-EBITDA Chart

SS&C Technologies Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.37

3.86

3.26

3.93

3.45

SS&C Technologies Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial															3.56	3.02	3.38	3.50	3.65

Competitive Comparison of SS&C Technologies Holdings's Debt-to-EBITDA

For the Software - Application subindustry, SS&C Technologies Holdings'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.

SS&C Technologies Holdings's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, SS&C Technologies Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SS&C Technologies Holdings's Debt-to-EBITDA falls into.

SS&C Technologies Holdings Debt-to-EBITDA Calculation

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

SS&C Technologies Holdings'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
	=	(51.5	+	6867.6)	/	2004.4
	=	3.45

SS&C Technologies Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(47.1	+	7331)	/	2022
	=	3.65

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 (Sep. 2024) EBITDA data.

SS&C Technologies Holdings (NAS:SSNC) 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.

SS&C Technologies Holdings Debt-to-EBITDA Related Terms

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

SS&C Technologies Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SS&C Technologies Holdings Inc (NAS:SSNC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SSNC:Mexico 0L1G:UK WGSA:Germany S1SN34:Brazil

Address

80 Lamberton Road, Windsor, CT, USA, 06095

Website

https://www.ssctech.com

SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its 2018 purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services. In 2022, SS&C completed the acquisition of Blue Prism.

Executives

Michael Jay Zamkow	director	27 KENSINGTON SQUARE, LONDON X0 06095
Normand A Boulanger	director, officer: President and COO	SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Rahul Kanwar	officer: Senior Vice President	80 LAMBERTON ROAD, WINDSOR CT 06095
Smita Conjeevaram	director	70 HERETOLD ROAD, BRONXVILLE NY 17708
Michael E Daniels	director	TYCO, 9 ROSZEL ROAD, PRINCETON NJ 08540
Brian N Schell	officer: EVP & CFO	433 WEST VAN BUREN STREET, CHICAGO IL 60607
Patrick J Pedonti	officer: SVP and CFO	SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Jonathan E Michael	director	C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
William C Stone	director, 10 percent owner, officer: Chairman of the Board & CEO
Jason Douglas White	officer: SVP & General Counsel	588 THE PARKWAY, MAMARONECK NY 10543
Joseph J. Frank	officer: Chief Legal Officer and GC	C/O SS&C TECHNOLOGIES HOLDINGS, INC., 4 TIMES SQUARE, NEW YORK NY 10036
Paul Gerard Igoe	officer: Sr. VP & General Counsel	LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
William A Etherington	director	CANADIAN IMPERIAL BANK OF COMMERCE, 199 BAY STREET - SUITE 4460, TORONTO A6 M5L 1A2
Tc Group Iv, L.p.	10 percent owner	1001 PENNSYLVANIA AVENUE, N.W., SUITE 200 SOUTH, WASHINGTON DC 20004
Whitman Stephen V R	officer: SVP and General Counsel	SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095