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Avid Technology Inc   (AVID)
Other Ticker:  
 
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology



Avid Technology Inc 's Debt Coverage ratios

AVID's Debt and Ebitda growth


AVID Debt Coverage (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Debt Change 15.96 % 13.74 % 6.09 % 7.56 % 7.79 %
Y / Y Ebitda Change -93.53 % -82.04 % -59.72 % 0.23 % -16.23 %
Debt Coverage (TTM) 0.16 0.25 0.31 0.37 0.38
Total Ranking # 1400 # 1372 # 1516 # 1338 # 0
Seq. Total Debt Change 0.75 % 18.47 % -1.31 % -1.55 % -1.18 %
Seq. Ebitda Change -51.73 % -63.93 % -69.33 % 21.26 % 33.87 %





Debt Coverage Ratio third quarter of 2023 Comment
Company's debt coverage ratio sequentially decreased in the third quarter of 2023 to 0.16 a new company low in the Q3 2023. Due to new borrowings in the Q3 2023.

Within Technology sector 169 other companies have achieved higher debt coverage ratio during the third quarter of 2023. While debt coverage ratio total ranking has deteriorated compared to the second quarter 2023 from 1372 to 1400.
Debt Coverage Company Ranking
Within: No.
Industry # 34
Sector # 170
S&P 500 # 1400


Debt Coverage Ratio Statistics
High Average Low
0.4 0.25 0.16
(Mar 31 2022)   (Sep 30 2023)



Financial Statements
Avid Technology Inc 's Total Debt $ 204 Millions Visit AVID's Balance sheet
Avid Technology Inc 's Ebitda $ 1 Millions Visit AVID's Income Statement
Where are AVID's Sales coming from? Visit AVID's Sales by Geography




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Date modified: 2023-11-08T19:43:16+00:00



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