ABVEF (Above Food Ingredients) Debt-to-EBITDA : -2.20 (As of Jul. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.09
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What is Above Food Ingredients Debt-to-EBITDA?

Above Food Ingredients ABVEF -0.06% 16 Debt-to-EBITDA is -2.20 as of Jul. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

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

Above Food Ingredients's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $53.6 Mil. Above Food Ingredients's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $44.0 Mil. Above Food Ingredients's annualized EBITDA for the quarter that ended in Jul. 2024 was $-44.4 Mil. Above Food Ingredients's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 was -2.20.

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

ABVEF's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.08
* Ranked among companies with meaningful Debt-to-EBITDA only.

Above Food Ingredients  (OTCPK:ABVEF) 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.


Above Food Ingredients Debt-to-EBITDA Related Terms


Above Food Ingredients Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Above Food 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.

Above Food Ingredients Debt-to-EBITDA Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
Debt-to-EBITDA
-34.99 -3.17 -3.07

Above Food Ingredients Semi-Annual Data
Jan22 Jan23 Jul23 Jan24 Jul24
Debt-to-EBITDA N/A N/A 0.00 -2.57 -2.20

ABVEF vs CTGL, NATR, BHST: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, Above Food 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.


Above Food Ingredients Debt-to-EBITDA vs Consumer Packaged Goods Industry

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

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


ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients Debt-to-EBITDA Calculation

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

Above Food Ingredients's Debt-to-EBITDA for the fiscal year 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
=(60.685 + 26.856) / -28.494
=-3.07

Above Food Ingredients's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(53.589 + 44.005) / -44.416
=-2.20

* 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 two times the quarterly (Jul. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -2.20 mean?
Above Food Ingredients (ABVEF) has a Debt-to-EBITDA of -2.20 as of Jul. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Above Food Ingredients.
Is Above Food Ingredients' Debt-to-EBITDA too high?
Above Food Ingredients' current Debt-to-EBITDA is -2.20. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Debt-to-EBITDA compare to CTGL and NATR?
Above Food Ingredients' Debt-to-EBITDA of -2.20 can be compared against companies in the Consumer Packaged Goods industry. The industry median Debt-to-EBITDA is 2.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,549 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Above Food Ingredients. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Above Food Ingredients's current Debt-to-EBITDA is -2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Debt-to-EBITDA of -2.20. The current Debt-to-EBITDA is -2.20. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Debt-to-EBITDA is -2.20 as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.09
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