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Delphx Capital Markets (TSXV:DELX) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Delphx Capital Markets Debt-to-EBITDA?

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

Delphx Capital Markets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Delphx Capital Markets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Delphx Capital Markets's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.64 Mil. Delphx Capital Markets's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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

TSXV:DELX's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.47
* Ranked among companies with meaningful Debt-to-EBITDA only.

Delphx Capital Markets Debt-to-EBITDA Historical Data

The historical data trend for Delphx Capital Markets'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.

Delphx Capital Markets Debt-to-EBITDA Chart

Delphx Capital Markets Annual Data
Trend Jan17 Jan18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.23 -0.44 -0.06 - -

Delphx Capital Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Delphx Capital Markets's Debt-to-EBITDA

For the Capital Markets subindustry, Delphx Capital Markets'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.


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

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

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



Delphx Capital Markets Debt-to-EBITDA Calculation

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

Delphx Capital Markets's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Delphx Capital Markets's annualized Debt-to-EBITDA for the quarter 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
=(0 + 0) / -0.636
=0.00

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Delphx Capital Markets  (TSXV:DELX) 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.


Delphx Capital Markets Debt-to-EBITDA Related Terms

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


Delphx Capital Markets (TSXV:DELX) Business Description

Traded in Other Exchanges
Address
15 Prince Arthur Avenue, Toronto, ON, CAN, M5R 1B2
Delphx Capital Markets Inc is a Canada based company. Its principal business activity is to develop and operate a global facility for transparent offering, purchase, sale, collection, and storage of certain fixed income securities and derivatives, and to manage data, research, analytics, and valuations of such instruments. The company operates in Canada and the United States.
Executives
Salim Hasham Director

Delphx Capital Markets (TSXV:DELX) Headlines

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