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Future Farm Technologies (XCNQ:FFT) Debt-to-EBITDA : -0.47 (As of Nov. 2019)


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What is Future Farm Technologies Debt-to-EBITDA?

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

Future Farm Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2019 was C$3.24 Mil. Future Farm Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2019 was C$0.17 Mil. Future Farm Technologies's annualized EBITDA for the quarter that ended in Nov. 2019 was C$-7.30 Mil. Future Farm Technologies's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2019 was -0.47.

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 Future Farm Technologies's Debt-to-EBITDA or its related term are showing as below:

XCNQ:FFT's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.12
* Ranked among companies with meaningful Debt-to-EBITDA only.

Future Farm Technologies Debt-to-EBITDA Historical Data

The historical data trend for Future Farm Technologies'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.

Future Farm Technologies Debt-to-EBITDA Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.24 -0.11 -0.23

Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 0.56 -0.20 -0.31 -0.40 -0.47

Competitive Comparison of Future Farm Technologies's Debt-to-EBITDA

For the Farm Products subindustry, Future Farm Technologies'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.


Future Farm Technologies's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Future Farm Technologies's Debt-to-EBITDA falls into.



Future Farm Technologies Debt-to-EBITDA Calculation

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

Future Farm Technologies's Debt-to-EBITDA for the fiscal year that ended in Feb. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.981 + 0.138) / -9.062
=-0.23

Future Farm Technologies's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.238 + 0.167) / -7.3
=-0.47

* 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 (Nov. 2019) EBITDA data.


Future Farm Technologies  (XCNQ:FFT) 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.


Future Farm Technologies Debt-to-EBITDA Related Terms

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


Future Farm Technologies (XCNQ:FFT) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.

Future Farm Technologies (XCNQ:FFT) Headlines

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