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Sweet Poison Spirits (XCNQ:SPS) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Sweet Poison Spirits Debt-to-EBITDA?

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

Sweet Poison Spirits's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Sweet Poison Spirits's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Sweet Poison Spirits's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-0.12 Mil. Sweet Poison Spirits's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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 Sweet Poison Spirits's Debt-to-EBITDA or its related term are showing as below:

XCNQ:SPS's Debt-to-EBITDA is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 1.795
* Ranked among companies with meaningful Debt-to-EBITDA only.

Sweet Poison Spirits Debt-to-EBITDA Historical Data

The historical data trend for Sweet Poison Spirits'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.

Sweet Poison Spirits Debt-to-EBITDA Chart

Sweet Poison Spirits Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-EBITDA
N/A - - - -

Sweet Poison Spirits Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Sweet Poison Spirits's Debt-to-EBITDA

For the Beverages - Wineries & Distilleries subindustry, Sweet Poison Spirits'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.


Sweet Poison Spirits's Debt-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Sweet Poison Spirits's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sweet Poison Spirits's Debt-to-EBITDA falls into.



Sweet Poison Spirits Debt-to-EBITDA Calculation

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

Sweet Poison Spirits's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.298
=0.00

Sweet Poison Spirits's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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) / -0.124
=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 (Jan. 2024) EBITDA data.


Sweet Poison Spirits  (XCNQ:SPS) 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.


Sweet Poison Spirits Debt-to-EBITDA Related Terms

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


Sweet Poison Spirits (XCNQ:SPS) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 750, Vancouver, BC, CAN, V6C 3B6
Sweet Poison Spirits Inc is engaged in the distribution of premium quality spirits. The company distributes premium Tequila and Mezcal products under the Sweet Poison brand.

Sweet Poison Spirits (XCNQ:SPS) Headlines

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