EVBC (Evolution Blockchain Group) Debt-to-EBITDA : -0.41 (As of Jan. 2018)

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What is Evolution Blockchain Group Debt-to-EBITDA?

Evolution Blockchain Group EVBC -99.75% Debt-to-EBITDA is -0.41 as of Jan. 2018.

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

Evolution Blockchain Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2018 was $0.12 Mil. Evolution Blockchain Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2018 was $0.00 Mil. Evolution Blockchain Group's annualized EBITDA for the quarter that ended in Jan. 2018 was $-0.30 Mil. Evolution Blockchain Group's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2018 was -0.41.

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

EVBC's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.645
* Ranked among companies with meaningful Debt-to-EBITDA only.

Evolution Blockchain Group  (OTCPK:EVBC) 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.

Evolution Blockchain Group Debt-to-EBITDA Related Terms

Evolution Blockchain Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Evolution Blockchain 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.

Evolution Blockchain Group Debt-to-EBITDA Chart

Evolution Blockchain Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17
Debt-to-EBITDA
N/A 0.00 -2.28 -0.05

Evolution Blockchain Group Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18
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 0.85 -0.01 -0.25 -0.24 -0.41

Evolution Blockchain Group Debt-to-EBITDA Competitor Comparison

For the Capital Markets subindustry, Evolution Blockchain 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.

Evolution Blockchain Group Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Evolution Blockchain Group's Debt-to-EBITDA distribution charts can be found below:

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


Evolution Blockchain Group Debt-to-EBITDA Calculation

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

Evolution Blockchain Group's Debt-to-EBITDA for the fiscal year that ended in Apr. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.004 + 0.041) / -0.898
=-0.05

Evolution Blockchain Group's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.122 + 0) / -0.3
=-0.41

* 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 (Jan. 2018) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.41 mean?
Evolution Blockchain Group (EVBC) has a Debt-to-EBITDA of -0.41 as of Jan. 2018. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Evolution Blockchain Group.
Is Evolution Blockchain Group's Debt-to-EBITDA too high?
Evolution Blockchain Group's current Debt-to-EBITDA is -0.41.
How does Evolution Blockchain Group's Debt-to-EBITDA compare to competitors?
Evolution Blockchain Group's Debt-to-EBITDA of -0.41 can be compared against companies in the Capital Markets industry. The industry median Debt-to-EBITDA is 1.65. 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 1.65, based on 422 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 Evolution Blockchain Group. For the Capital Markets industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution Blockchain Group's current Debt-to-EBITDA is -0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Blockchain Group stock overvalued right now?
Evolution Blockchain Group (EVBC) has a current Debt-to-EBITDA of -0.41. The current Debt-to-EBITDA is -0.41. 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 Evolution Blockchain Group (EVBC), the current Debt-to-EBITDA is -0.41 as of Jan. 2018. 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.

Evolution Blockchain Group Business Description

Address 1853 King Beach Avenue, Las Vegas, NV, USA, 89123-4300
Evolution Blockchain Group Inc is focused on acquiring, developing and launching globally scalable blockchain technology solutions, as well as building cryptocurrency mining operations.