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Zefiro Methane (NEOE:ZEFI) Debt-to-EBITDA : 17.08 (As of Mar. 2024)


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What is Zefiro Methane Debt-to-EBITDA?

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

Zefiro Methane's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$6.70 Mil. Zefiro Methane's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$11.27 Mil. Zefiro Methane's annualized EBITDA for the quarter that ended in Mar. 2024 was C$1.05 Mil. Zefiro Methane's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 17.08.

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 Zefiro Methane's Debt-to-EBITDA or its related term are showing as below:

NEOE:ZEFI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.73   Med: -14.73   Max: 6.05
Current: 6.05

During the past 2 years, the highest Debt-to-EBITDA Ratio of Zefiro Methane was 6.05. The lowest was -14.73. And the median was -14.73.

NEOE:ZEFI's Debt-to-EBITDA is ranked worse than
87.61% of 1606 companies
in the Software industry
Industry Median: 1.05 vs NEOE:ZEFI: 6.05

Zefiro Methane Debt-to-EBITDA Historical Data

The historical data trend for Zefiro Methane'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.

Zefiro Methane Debt-to-EBITDA Chart

Zefiro Methane Annual Data
Trend Jun22 Jun23
Debt-to-EBITDA
N/A -14.73

Zefiro Methane Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - 0.63 -14.68 -2.89 17.08

Competitive Comparison of Zefiro Methane's Debt-to-EBITDA

For the Information Technology Services subindustry, Zefiro Methane'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.


Zefiro Methane's Debt-to-EBITDA Distribution in the Software Industry

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

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



Zefiro Methane Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.747 + 5.931) / -0.725
=-14.73

Zefiro Methane's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.702 + 11.27) / 1.052
=17.08

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Zefiro Methane  (NEOE:ZEFI) 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.


Zefiro Methane Debt-to-EBITDA Related Terms

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


Zefiro Methane (NEOE:ZEFI) Business Description

Comparable Companies
Traded in Other Exchanges
Address
550 Burrard Street, Suite 2501, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Zefiro Methane Corp is in the business of providing end-of-life solutions for industrial oil and gas operations that currently or potentially emit harmful greenhouse gas (GHG) emissions, specifically methane released from orphaned and abandoned oil and gas wells or associated midstream assets. The Company seeks to generate carbon credits, which can then be sold into carbon credit markets, by reducing methane emissions through the plugging of orphaned and abandoned oil and gas wells.
Executives
Talal Debs Director, Senior Officer

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