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Affinor Growers (XCNQ:AFI) Debt-to-EBITDA : -0.75 (As of Feb. 2024)


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What is Affinor Growers Debt-to-EBITDA?

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

Affinor Growers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.05 Mil. Affinor Growers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.59 Mil. Affinor Growers's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-0.84 Mil. Affinor Growers's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was -0.75.

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 Affinor Growers's Debt-to-EBITDA or its related term are showing as below:

XCNQ:AFI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.85   Med: -0.88   Max: -0.76
Current: -0.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Affinor Growers was -0.76. The lowest was -1.85. And the median was -0.88.

XCNQ:AFI's Debt-to-EBITDA is ranked worse than
100% of 1431 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs XCNQ:AFI: -0.89

Affinor Growers Debt-to-EBITDA Historical Data

The historical data trend for Affinor Growers'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.

Affinor Growers Debt-to-EBITDA Chart

Affinor Growers Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.88 - -0.76 -1.85

Affinor Growers Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.29 -1.19 -1.69 -1.09 -0.75

Competitive Comparison of Affinor Growers's Debt-to-EBITDA

For the Farm Products subindustry, Affinor Growers'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.


Affinor Growers's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Affinor Growers Debt-to-EBITDA Calculation

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

Affinor Growers's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.185 + 0.589) / -0.418
=-1.85

Affinor Growers'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
=(0.047 + 0.589) / -0.844
=-0.75

* 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.


Affinor Growers  (XCNQ:AFI) 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.


Affinor Growers Debt-to-EBITDA Related Terms

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


Affinor Growers (XCNQ:AFI) Business Description

Traded in Other Exchanges
Address
250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Affinor Growers Inc is a farming technology company engaged in acquiring, patenting, and commercializing various agriculture technologies and vertical farming technology for the indoor controlled environment and outdoor greenhouse agriculture industry in North America. It produces strawberries and other crops, such as romaine lettuce and herbs using vertical farming technology. The company principally operates in North America. The Company's revenue model includes entering into licensing agreements that provide licensing revenue as well as earnings on sales of its equipment and sale of produce from its production facilities.
Executives
Karim Mohamedani 10% Security Holder

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