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Cannabusiness Group (Cannabusiness Group) Debt-to-EBITDA : -7.65 (As of Dec. 2007)


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What is Cannabusiness Group Debt-to-EBITDA?

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

Cannabusiness Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $0.92 Mil. Cannabusiness Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2007 was $2.51 Mil. Cannabusiness Group's annualized EBITDA for the quarter that ended in Dec. 2007 was $-0.45 Mil. Cannabusiness Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2007 was -7.65.

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 Cannabusiness Group's Debt-to-EBITDA or its related term are showing as below:

CBGI's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.88
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cannabusiness Group Debt-to-EBITDA Historical Data

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group Debt-to-EBITDA Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.30 -1.14 -3.24 -7.65

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.30 -0.30 -1.14 -3.24 -7.65

Competitive Comparison of Cannabusiness Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Cannabusiness Group'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.


Cannabusiness Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cannabusiness Group's Debt-to-EBITDA falls into.



Cannabusiness Group Debt-to-EBITDA Calculation

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

Cannabusiness Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2007 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.922 + 2.511) / -0.449
=-7.65

Cannabusiness Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2007 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.922 + 2.511) / -0.449
=-7.65

* 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 one times the quarterly (Dec. 2007) EBITDA data.


Cannabusiness Group  (OTCPK:CBGI) 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.


Cannabusiness Group Debt-to-EBITDA Related Terms

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


Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

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