BMMJ (Body and Mind) Debt-to-EBITDA : -1.66 (As of Apr. 2024)

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BMMJ Body and Mind Inc BMMJ
14 GF Score
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What is Body and Mind Debt-to-EBITDA?

Body and Mind BMMJ 14 Debt-to-EBITDA is -1.66 as of Apr. 2024. GuruFocus rates BMMJ with a GF Score™ of 14/100.

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

Body and Mind's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $1.42 Mil. Body and Mind's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $10.84 Mil. Body and Mind's annualized EBITDA for the quarter that ended in Apr. 2024 was $-7.40 Mil. Body and Mind's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2024 was -1.66.

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 Body and Mind's Debt-to-EBITDA or its related term are showing as below:

BMMJ's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.63
* Ranked among companies with meaningful Debt-to-EBITDA only.

Body and Mind  (OTCPK:BMMJ) 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.


Body and Mind Debt-to-EBITDA Related Terms


Body and Mind Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Body and Mind'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.

Body and Mind Debt-to-EBITDA Chart

Body and Mind Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.70 3.08 -0.54 -1.36

Body and Mind Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -8.39 -0.41 -3.72 -5.58 -1.66

BMMJ vs AKAN, OWPC, PTPI: Debt-to-EBITDA Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Body and Mind'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.


Body and Mind Debt-to-EBITDA vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Body and Mind's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Body and Mind's Debt-to-EBITDA falls into.


BMMJ
14GF Score
Body and Mind Inc BMMJ
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Body and Mind Debt-to-EBITDA Calculation

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

Body and Mind's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.776 + 18.119) / -14.633
=-1.36

Body and Mind's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.422 + 10.838) / -7.396
=-1.66

* 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 (Apr. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.66 mean?
Body and Mind (BMMJ) has a Debt-to-EBITDA of -1.66 as of Apr. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Body and Mind.
Is Body and Mind's Debt-to-EBITDA too high?
Body and Mind's current Debt-to-EBITDA is -1.66. Overall, Body and Mind has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Body and Mind's Debt-to-EBITDA compare to AKAN and OWPC?
Body and Mind's Debt-to-EBITDA of -1.66 can be compared against companies in the Drug Manufacturers industry. The industry median Debt-to-EBITDA is 1.63. 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 Drug Manufacturers company?
The median Debt-to-EBITDA among Drug Manufacturers companies is 1.63, based on 683 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 Body and Mind. For the Drug Manufacturers industry, the median Debt-to-EBITDA is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Body and Mind's current Debt-to-EBITDA is -1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Body and Mind stock overvalued right now?
Body and Mind (BMMJ) has a current Debt-to-EBITDA of -1.66. The current Debt-to-EBITDA is -1.66. Body and Mind's overall GF Score™ is 14/100. 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 Body and Mind (BMMJ), the current Debt-to-EBITDA is -1.66 as of Apr. 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.

Body and Mind Business Description

Address 750-1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Body and Mind Inc is a multi-state cannabis operator, which has retail, distribution, cultivation, and/or processing operations in Nevada, California, Arkansas, Ohio and Illinois. It has developed the marquis lifestyle Body and Mind brand in Nevada with penetration into dispensaries and has expanded its brand and products to dispensaries in California. The Body and Mind brand appeals to a wide range of cannabis consumers with products including flowers, oils, extracts (wax, live resin, ambrosia), and edibles. The Company Operates in Three segments; Wholesale, Retail, and All others. The Majority of revenue is derived from the Retail segment.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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