GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Solarvest BioEnergy Inc (FRA:0ZJ) » Definitions » Debt-to-EBITDA

Solarvest BioEnergy (FRA:0ZJ) Debt-to-EBITDA : -2.49 (As of Apr. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Solarvest BioEnergy Debt-to-EBITDA?

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

Solarvest BioEnergy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was €2.00 Mil. Solarvest BioEnergy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was €0.01 Mil. Solarvest BioEnergy's annualized EBITDA for the quarter that ended in Apr. 2024 was €-0.81 Mil. Solarvest BioEnergy's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2024 was -2.49.

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

FRA:0ZJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.63   Med: -1   Max: -0.22
Current: -2.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Solarvest BioEnergy was -0.22. The lowest was -2.63. And the median was -1.00.

FRA:0ZJ's Debt-to-EBITDA is not ranked
in the Biotechnology industry.
Industry Median: 1.38 vs FRA:0ZJ: -2.63

Solarvest BioEnergy Debt-to-EBITDA Historical Data

The historical data trend for Solarvest BioEnergy'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.

Solarvest BioEnergy Debt-to-EBITDA Chart

Solarvest BioEnergy 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 -2.40 -2.50 -0.97 -2.10 -1.25

Solarvest BioEnergy 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 -1.00 -1.07 -4.17 -498.75 -2.49

Competitive Comparison of Solarvest BioEnergy's Debt-to-EBITDA

For the Biotechnology subindustry, Solarvest BioEnergy'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.


Solarvest BioEnergy's Debt-to-EBITDA Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Solarvest BioEnergy's Debt-to-EBITDA distribution charts can be found below:

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



Solarvest BioEnergy Debt-to-EBITDA Calculation

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

Solarvest BioEnergy'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
=(1.888 + 0.017) / -1.526
=-1.25

Solarvest BioEnergy'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
=(2.004 + 0.01) / -0.808
=-2.49

* 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.


Solarvest BioEnergy  (FRA:0ZJ) 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.


Solarvest BioEnergy Debt-to-EBITDA Related Terms

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


Solarvest BioEnergy Business Description

Traded in Other Exchanges
N/A
Address
301 - 1228 Hamilton Street, Vancouver, BC, CAN, V6B 6L2
Solarvest BioEnergy Inc is a Canada based algae biologics company whose production platform provides flexible system capable of producing numerous products from Omega 3 fatty acids to human therapeutic proteins. The company has also initiated a program for the expression of CBD and THC to be produced.

Solarvest BioEnergy Headlines

No Headlines