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Alliance Growers (FRA:1LA) Debt-to-EBITDA : -0.00 (As of May. 2019)


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What is Alliance Growers Debt-to-EBITDA?

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

Alliance Growers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2019 was €0.00 Mil. Alliance Growers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2019 was €0.00 Mil. Alliance Growers's annualized EBITDA for the quarter that ended in May. 2019 was €-0.72 Mil. Alliance Growers's annualized Debt-to-EBITDA for the quarter that ended in May. 2019 was -0.00.

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

FRA:1LA's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.69
* Ranked among companies with meaningful Debt-to-EBITDA only.

Alliance Growers Debt-to-EBITDA Historical Data

The historical data trend for Alliance Growers'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.

Alliance Growers Debt-to-EBITDA Chart

Alliance Growers Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Debt-to-EBITDA
- - - - -

Alliance Growers Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 - - - - -

Competitive Comparison of Alliance Growers's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Alliance Growers'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.


Alliance Growers's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alliance Growers's Debt-to-EBITDA distribution charts can be found below:

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



Alliance Growers Debt-to-EBITDA Calculation

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

Alliance Growers's Debt-to-EBITDA for the fiscal year that ended in Aug. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -3.113
=0.00

Alliance Growers's annualized Debt-to-EBITDA for the quarter that ended in May. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.003 + 0) / -0.716
=-0.00

* 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 (May. 2019) EBITDA data.


Alliance Growers  (FRA:1LA) 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.


Alliance Growers Debt-to-EBITDA Related Terms

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


Alliance Growers (FRA:1LA) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.

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