Global Food and Ingredients (TSXV:PEAS.H) Debt-to-EBITDA : 6.44 (As of Dec. 2023)

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What is Global Food and Ingredients Debt-to-EBITDA?

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

Global Food and Ingredients's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$18.9 Mil. Global Food and Ingredients's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$14.4 Mil. Global Food and Ingredients's annualized EBITDA for the quarter that ended in Dec. 2023 was C$5.2 Mil. Global Food and Ingredients's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.44.

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 Global Food and Ingredients's Debt-to-EBITDA or its related term are showing as below:

TSXV:PEAS.H' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.9 Med: -0.85 Max: 4.82
Current: -12.8

During the past 4 years, the highest Debt-to-EBITDA Ratio of Global Food and Ingredients was 4.82. The lowest was -14.90. And the median was -0.85.

TSXV:PEAS.H's Debt-to-EBITDA is ranked worse than
100% of 1433 companies
in the Consumer Packaged Goods industry
Industry Median: 2.16 vs TSXV:PEAS.H: -12.80

Global Food and Ingredients Debt-to-EBITDA Historical Data

The historical data trend for Global Food and Ingredients'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.

Global Food and Ingredients Debt-to-EBITDA Chart

Global Food and Ingredients Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

3.98

4.82

-14.90

-5.67

Global Food and Ingredients Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial									9.79	-7.04	-4.86	-7.19	6.44

Competitive Comparison of Global Food and Ingredients's Debt-to-EBITDA

For the Farm Products subindustry, Global Food and Ingredients'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.

Global Food and Ingredients's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Global Food and Ingredients's Debt-to-EBITDA falls into.

Global Food and Ingredients Debt-to-EBITDA Calculation

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

Global Food and Ingredients's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(18.454	+	15.613)	/	-6.004
	=	-5.67

Global Food and Ingredients'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
	=	(18.936	+	14.407)	/	5.176
	=	6.44

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 (Dec. 2023) EBITDA data.

Global Food and Ingredients (TSXV:PEAS.H) 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.

Global Food and Ingredients Debt-to-EBITDA Related Terms

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

Global Food and Ingredients (TSXV:PEAS.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Global Food and Ingredients Inc (TSXV:PEAS.H) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

PEASF:USA

Address

43 Colborne Street, Suite 400, Toronto, ON, CAN, M5E 1E3

Website

https://www.gfiglobalfood.com

Global Food and Ingredients Inc is a plant-based food and ingredients company, focused on pulses and specialty crops chain for peas, beans, lentils, chickpeas and other high protein specialty crops. The Company supplies premium plant-based high protein ingredients to customers around the world and distributes truckload and less-than truckload of bagged product directly to food processing companies, foodservice companies and institutional buyers (educational institutions, healthcare facilities, correctional facilities, etc.) in North America.

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