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Epitomee Medical (XTAE:EPIT) Debt-to-EBITDA : -1.72 (As of Dec. 2023)


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What is Epitomee Medical Debt-to-EBITDA?

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

Epitomee Medical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪1.65 Mil. Epitomee Medical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪12.90 Mil. Epitomee Medical's annualized EBITDA for the quarter that ended in Dec. 2023 was ₪-8.45 Mil. Epitomee Medical's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.72.

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 Epitomee Medical's Debt-to-EBITDA or its related term are showing as below:

XTAE:EPIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.35   Med: -0.27   Max: -0.07
Current: -0.79

During the past 6 years, the highest Debt-to-EBITDA Ratio of Epitomee Medical was -0.07. The lowest was -2.35. And the median was -0.27.

XTAE:EPIT's Debt-to-EBITDA is ranked worse than
100% of 437 companies
in the Medical Devices & Instruments industry
Industry Median: 1.25 vs XTAE:EPIT: -0.79

Epitomee Medical Debt-to-EBITDA Historical Data

The historical data trend for Epitomee Medical'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.

Epitomee Medical Debt-to-EBITDA Chart

Epitomee Medical Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.13 -2.35 -0.07 -0.27 -0.79

Epitomee Medical Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.05 -0.04 -0.21 -0.50 -1.72

Competitive Comparison of Epitomee Medical's Debt-to-EBITDA

For the Medical Devices subindustry, Epitomee Medical'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.


Epitomee Medical's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Epitomee Medical's Debt-to-EBITDA distribution charts can be found below:

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



Epitomee Medical Debt-to-EBITDA Calculation

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

Epitomee Medical'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
=(1.65 + 12.895) / -18.322
=-0.79

Epitomee Medical'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
=(1.65 + 12.895) / -8.452
=-1.72

* 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 (Dec. 2023) EBITDA data.


Epitomee Medical  (XTAE:EPIT) 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.


Epitomee Medical Debt-to-EBITDA Related Terms

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


Epitomee Medical (XTAE:EPIT) Business Description

Traded in Other Exchanges
Address
Tarshish 19, Caesarea, ISR, 3088900
Epitomee Medical Ltd is engaged in developing and commercializing ingestible therapeutic devices.

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