Elite Health Systems Debt-to-EBITDA Ratio Growth & History (EHSI)
Elite Health Systems's debt-to-ebitda ratio was 0.76 for fiscal 2019.
View full Elite Health Systems company overviewElite Health Systems annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2019 | 2019-12-31 | 0.76 | −1.38 | −64.54% |
| 2018 | 2018-12-31 | 2.14 | — | — |
| 2016 | 2016-12-31 | 2.26 | 0.27 | +13.74% |
| 2015 | 2015-12-31 | 1.99 | −0.73 | −26.95% |
| 2014 | 2014-12-31 | 2.73 | — | — |
| 2012 | 2012-12-31 | 0.00 | −2.43 | — |
| 2011 | 2011-12-31 | 2.43 | 0.36 | +17.35% |
| 2010 | 2010-12-31 | 2.07 | — | — |
Elite Health Systems quarterly debt-to-ebitda ratio
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2019 | 2019-12-31 | 0.76 | −1.38 | −64.54% |
| Q3 2019 | 2019-09-30 | 2.30 | 0.87 | +61.12% |
| Q2 2019 | 2019-06-30 | 2.33 | 1.21 | +106.88% |
| Q1 2019 | 2019-03-31 | 2.10 | 0.71 | +50.85% |
| Q4 2018 | 2018-12-31 | 2.14 | — | — |
| Q3 2018 | 2018-09-30 | 1.43 | −0.07 | −4.66% |
| Q2 2018 | 2018-06-30 | 1.13 | −0.60 | −34.65% |
| Q1 2018 | 2018-03-31 | 1.39 | −0.52 | −27.27% |
| Q3 2017 | 2017-09-30 | 1.50 | −1.13 | −43.09% |
| Q2 2017 | 2017-06-30 | 1.73 | −0.42 | −19.45% |
| Q1 2017 | 2017-03-31 | 1.91 | 0.04 | +2.22% |
| Q4 2016 | 2016-12-31 | 2.26 | 0.27 | +13.74% |
| Q3 2016 | 2016-09-30 | 2.63 | 0.74 | +38.94% |
| Q2 2016 | 2016-06-30 | 2.14 | 0.44 | +25.56% |
| Q1 2016 | 2016-03-31 | 1.87 | 0.16 | +9.25% |
| Q4 2015 | 2015-12-31 | 1.99 | −0.73 | −26.95% |
| Q3 2015 | 2015-09-30 | 1.90 | −5.04 | −72.69% |
| Q2 2015 | 2015-06-30 | 1.71 | — | — |
| Q1 2015 | 2015-03-31 | 1.71 | — | — |
| Q4 2014 | 2014-12-31 | 2.73 | — | — |
| Q3 2014 | 2014-09-30 | 6.94 | — | — |
| Q1 2013 | 2013-03-31 | 0.00 | −2.69 | — |
| Q4 2012 | 2012-12-31 | 0.00 | −2.43 | — |
| Q3 2012 | 2012-09-30 | 2.05 | — | — |
| Q2 2012 | 2012-06-30 | 2.83 | — | — |
| Q1 2012 | 2012-03-31 | 2.69 | — | — |
| Q4 2011 | 2011-12-31 | 2.43 | — | — |
Elite Health Systems debt-to-ebitda ratio trends
Over the last five fiscal years, Elite Health Systems's debt-to-ebitda ratio decreased from 2.73 to 0.76, a change of −1.97. The latest reported quarter, Q4 2019, shows 0.76.
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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