CGAC (Code Green Apparel) Debt-to-EBITDA : -0.44 (As of Sep. 2017)

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What is Code Green Apparel Debt-to-EBITDA?

Code Green Apparel CGAC Debt-to-EBITDA is -0.44 as of Sep. 2017.

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

Code Green Apparel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.59 Mil. Code Green Apparel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.20 Mil. Code Green Apparel's annualized EBITDA for the quarter that ended in Sep. 2017 was $-1.80 Mil. Code Green Apparel's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2017 was -0.44.

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 Code Green Apparel's Debt-to-EBITDA or its related term are showing as below:

CGAC's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.56
* Ranked among companies with meaningful Debt-to-EBITDA only.

Code Green Apparel  (OTCPK:CGAC) 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.

Code Green Apparel Debt-to-EBITDA Related Terms

Code Green Apparel Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Code Green Apparel'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.

Code Green Apparel Debt-to-EBITDA Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 -0.09 -0.29 -0.34

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.17 -0.13 1.29 0.17 -0.44

Code Green Apparel Debt-to-EBITDA Competitor Comparison

For the Capital Markets subindustry, Code Green Apparel'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.

Code Green Apparel Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Code Green Apparel's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's Debt-to-EBITDA falls into.


Code Green Apparel Debt-to-EBITDA Calculation

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

Code Green Apparel's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.639 + 0.2) / -2.489
=-0.34

Code Green Apparel's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.586 + 0.2) / -1.8
=-0.44

* 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 (Sep. 2017) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.44 mean?
Code Green Apparel (CGAC) has a Debt-to-EBITDA of -0.44 as of Sep. 2017. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Code Green Apparel.
Is Code Green Apparel's Debt-to-EBITDA too high?
Code Green Apparel's current Debt-to-EBITDA is -0.44.
How does Code Green Apparel's Debt-to-EBITDA compare to competitors?
Code Green Apparel's Debt-to-EBITDA of -0.44 can be compared against companies in the Capital Markets industry. The industry median Debt-to-EBITDA is 1.56. 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 Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.56, based on 423 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 Code Green Apparel. For the Capital Markets industry, the median Debt-to-EBITDA is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Code Green Apparel's current Debt-to-EBITDA is -0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Code Green Apparel stock overvalued right now?
Code Green Apparel (CGAC) has a current Debt-to-EBITDA of -0.44. The current Debt-to-EBITDA is -0.44. 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 Code Green Apparel (CGAC), the current Debt-to-EBITDA is -0.44 as of Sep. 2017. 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.

Code Green Apparel Business Description

Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738
Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.