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Forbidden Foods (ASX:FFF) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Forbidden Foods Debt-to-EBITDA?

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

Forbidden Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Forbidden Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Forbidden Foods's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-2.10 Mil. Forbidden Foods'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 Forbidden Foods's Debt-to-EBITDA or its related term are showing as below:

ASX:FFF's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.18
* Ranked among companies with meaningful Debt-to-EBITDA only.

Forbidden Foods Debt-to-EBITDA Historical Data

The historical data trend for Forbidden Foods'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.

Forbidden Foods Debt-to-EBITDA Chart

Forbidden Foods Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
-0.16 -0.02 -

Forbidden Foods Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial -0.11 -0.02 - - -

Competitive Comparison of Forbidden Foods's Debt-to-EBITDA

For the Packaged Foods subindustry, Forbidden Foods'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.


Forbidden Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forbidden Foods's Debt-to-EBITDA distribution charts can be found below:

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



Forbidden Foods Debt-to-EBITDA Calculation

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

Forbidden Foods's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Forbidden Foods's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.


Forbidden Foods  (ASX:FFF) 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.


Forbidden Foods Debt-to-EBITDA Related Terms

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


Forbidden Foods (ASX:FFF) Business Description

Traded in Other Exchanges
N/A
Address
16/663 Victoria Street, Abbotsford, Melbourne, VIC, AUS, 3067
Forbidden Foods Ltd is an Australian owned and managed food company specialising in the sourcing and development of health focused food products for retail and food service in Australia and abroad.

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