Nutritional Growth Solutions (ASX:NGS) Debt-to-EBITDA : -0.13 (As of Dec. 2023)

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What is Nutritional Growth Solutions Debt-to-EBITDA?

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

Nutritional Growth Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.52 Mil. Nutritional Growth Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.02 Mil. Nutritional Growth Solutions's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-4.03 Mil. Nutritional Growth Solutions's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.13.

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 Nutritional Growth Solutions's Debt-to-EBITDA or its related term are showing as below:

ASX:NGS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13 Med: -0.04 Max: -0.01
Current: -0.13

During the past 4 years, the highest Debt-to-EBITDA Ratio of Nutritional Growth Solutions was -0.01. The lowest was -0.13. And the median was -0.04.

ASX:NGS's Debt-to-EBITDA is ranked worse than
100% of 1432 companies
in the Consumer Packaged Goods industry
Industry Median: 2.125 vs ASX:NGS: -0.13

Nutritional Growth Solutions Debt-to-EBITDA Historical Data

The historical data trend for Nutritional Growth Solutions'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.

Nutritional Growth Solutions Debt-to-EBITDA Chart

Nutritional Growth Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.06

-0.02

-0.01

-0.13

Nutritional Growth Solutions Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.02	-0.01	-0.01	-0.07	-0.13

Competitive Comparison of Nutritional Growth Solutions's Debt-to-EBITDA

For the Packaged Foods subindustry, Nutritional Growth Solutions'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.

Nutritional Growth Solutions's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Nutritional Growth Solutions's Debt-to-EBITDA falls into.

Nutritional Growth Solutions Debt-to-EBITDA Calculation

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

Nutritional Growth Solutions's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.524	+	0.016)	/	-4.207
	=	-0.13

Nutritional Growth Solutions's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.524	+	0.016)	/	-4.028
	=	-0.13

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 (Dec. 2023) EBITDA data.

Nutritional Growth Solutions (ASX:NGS) 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.

Nutritional Growth Solutions Debt-to-EBITDA Related Terms

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

Nutritional Growth Solutions (ASX:NGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nutritional Growth Solutions Ltd (ASX:NGS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hanechoshet Street, Yafo, Tel Aviv, ISR, 6971068

Website

https://www.ngsolutions.co

Nutritional Growth Solutions Ltd is engaged in the business of developing produces and selling clinically tested protein supplements for children. It offers protein shakes and other products to improve the height and weight of children. It generates its revenues through the sale of its products directly to customers. its brands include Horlicks, Healthy Heights, Pro Up, and Healthy Height China. Geographically it operates in the United States and the Rest of the World and the majority of its revenue comes from the united states.