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SIQ Mountain Industries (TSXV:SIQ.H) Debt-to-EBITDA : 0.00 (As of Feb. 2024)


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What is SIQ Mountain Industries Debt-to-EBITDA?

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

SIQ Mountain Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. SIQ Mountain Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. SIQ Mountain Industries's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-0.05 Mil. SIQ Mountain Industries's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 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 SIQ Mountain Industries's Debt-to-EBITDA or its related term are showing as below:

TSXV:SIQ.H's Debt-to-EBITDA is not ranked *
in the Conglomerates industry.
Industry Median: 3.115
* Ranked among companies with meaningful Debt-to-EBITDA only.

SIQ Mountain Industries Debt-to-EBITDA Historical Data

The historical data trend for SIQ Mountain Industries'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.

SIQ Mountain Industries Debt-to-EBITDA Chart

SIQ Mountain Industries Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
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SIQ Mountain Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of SIQ Mountain Industries's Debt-to-EBITDA

For the Conglomerates subindustry, SIQ Mountain Industries'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.


SIQ Mountain Industries's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SIQ Mountain Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SIQ Mountain Industries's Debt-to-EBITDA falls into.



SIQ Mountain Industries Debt-to-EBITDA Calculation

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

SIQ Mountain Industries's Debt-to-EBITDA for the fiscal year that ended in Aug. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.028
=0.00

SIQ Mountain Industries's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.052
=0.00

* 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 (Feb. 2024) EBITDA data.


SIQ Mountain Industries  (TSXV:SIQ.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.


SIQ Mountain Industries Debt-to-EBITDA Related Terms

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


SIQ Mountain Industries (TSXV:SIQ.H) Business Description

Traded in Other Exchanges
N/A
Address
13966 18B Avenue, South Surrey, BC, CAN, V4A 8J1
SIQ Mountain Industries Inc is an early stage development organization focused on the design, engineering, marketing, production and distribution of various proprietary outdoor sports entertainment products. The company offers equipment, apparels accessories which include SiQride, efoil, hoodies, SiQ logo stickers among others.

SIQ Mountain Industries (TSXV:SIQ.H) Headlines

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