ProStar Holdings (TSXV:MAPS) Debt-to-EBITDA : -0.03 (As of Dec. 2023)

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What is ProStar Holdings Debt-to-EBITDA?

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

ProStar Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.16 Mil. ProStar Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. ProStar Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-5.94 Mil. ProStar Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.03.

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 ProStar Holdings's Debt-to-EBITDA or its related term are showing as below:

TSXV:MAPS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.06 Med: -0.03 Max: -0.02
Current: -0.02

During the past 5 years, the highest Debt-to-EBITDA Ratio of ProStar Holdings was -0.02. The lowest was -1.06. And the median was -0.03.

TSXV:MAPS's Debt-to-EBITDA is ranked worse than
100% of 1622 companies
in the Software industry
Industry Median: 1.02 vs TSXV:MAPS: -0.02

ProStar Holdings Debt-to-EBITDA Historical Data

The historical data trend for ProStar 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.

ProStar Holdings Debt-to-EBITDA Chart

ProStar Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-1.06

-0.02

-0.03

-0.02

ProStar Holdings Quarterly Data
	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												-	-0.05	-0.03	-0.02	-0.03

Competitive Comparison of ProStar Holdings's Debt-to-EBITDA

For the Software - Application subindustry, ProStar 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.

ProStar Holdings's Debt-to-EBITDA Distribution in the Software Industry

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

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

ProStar Holdings Debt-to-EBITDA Calculation

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

ProStar 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
	=	(0.158	+	0)	/	-7.098
	=	-0.02

ProStar Holdings'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
	=	(0.158	+	0)	/	-5.936
	=	-0.03

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.

ProStar Holdings (TSXV:MAPS) 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.

ProStar Holdings Debt-to-EBITDA Related Terms

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

ProStar Holdings (TSXV:MAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ProStar Holdings Inc (TSXV:MAPS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

MAPPF:USA

Address

760 Horizon Drive, Suite 200, Grand Junction, CO, USA, 81506

Website

https://www.prostarcorp.com

ProStar Holdings Inc specializes in the development of patented mapping software. ProStar's Precision Mapping Solutions are natively cloud and mobile and offered as Software as a Service. The company's Software as a Service provides the ability to capture, record, and display the precise location of critical infrastructure such as buried utilities and pipelines; which is all accomplished in real time through ProStar's patented geospatial intelligence software. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries, and earns revenue in one region, North America.

Executives