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NoHo (DRNK) Debt-to-EBITDA : -1.14 (As of Jun. 2017)


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What is NoHo Debt-to-EBITDA?

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

NoHo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.78 Mil. NoHo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.00 Mil. NoHo's annualized EBITDA for the quarter that ended in Jun. 2017 was $-0.68 Mil. NoHo's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 was -1.14.

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

DRNK's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 2.355
* Ranked among companies with meaningful Debt-to-EBITDA only.

NoHo Debt-to-EBITDA Historical Data

The historical data trend for NoHo'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.

NoHo Debt-to-EBITDA Chart

NoHo Annual Data
Trend Oct11 Oct12 Dec13 Dec14 Dec15 Dec16
Debt-to-EBITDA
Get a 7-Day Free Trial - -0.17 -0.26 -1.04 -3.53

NoHo Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Dec16 Mar17 Jun17
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 -2.62 -3.51 N/A -1.21 -1.14

Competitive Comparison of NoHo's Debt-to-EBITDA

For the Specialty Chemicals subindustry, NoHo'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.


NoHo's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NoHo's Debt-to-EBITDA distribution charts can be found below:

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



NoHo Debt-to-EBITDA Calculation

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

NoHo'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
=(0.682 + 0) / -0.193
=-3.53

NoHo's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.78 + 0) / -0.684
=-1.14

* 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 (Jun. 2017) EBITDA data.


NoHo  (OTCPK:DRNK) 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.


NoHo Debt-to-EBITDA Related Terms

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


NoHo (DRNK) Business Description

Traded in Other Exchanges
N/A
Address
4701 Orange Dr, Building 19 Unit 28, Davie, Miami, FL, USA, 85258
NoHo Inc develops, markets, sells and distributes a lifestyle beverage category product NOHO, a beverage for hangover defense. The company purchases raw materials and outsources manufacturing to a third party.