MTL Cannabis (FRA:J4E) Debt-to-EBITDA : 2.17 (As of Sep. 2023)

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What is MTL Cannabis Debt-to-EBITDA?

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

MTL Cannabis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €13.37 Mil. MTL Cannabis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €14.00 Mil. MTL Cannabis's annualized EBITDA for the quarter that ended in Sep. 2023 was €12.60 Mil. MTL Cannabis's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.17.

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

FRA:J4E' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.32 Med: 3.07 Max: 19.54
Current: 5.25

During the past 3 years, the highest Debt-to-EBITDA Ratio of MTL Cannabis was 19.54. The lowest was 1.32. And the median was 3.07.

FRA:J4E's Debt-to-EBITDA is ranked worse than
90.91% of 33 companies
in the Tobacco Products industry
Industry Median: 1.88 vs FRA:J4E: 5.25

MTL Cannabis Debt-to-EBITDA Historical Data

The historical data trend for MTL Cannabis'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.

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MTL Cannabis Debt-to-EBITDA Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-EBITDA

3.07

1.32

19.54

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	N/A	4.23	2.17	-

Competitive Comparison of MTL Cannabis's Debt-to-EBITDA

For the Tobacco subindustry, MTL Cannabis'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.

MTL Cannabis's Debt-to-EBITDA Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, MTL Cannabis's Debt-to-EBITDA distribution charts can be found below:

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

MTL Cannabis Debt-to-EBITDA Calculation

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

MTL Cannabis's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(5.327	+	7.902)	/	0.677
	=	19.54

MTL Cannabis's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(13.373	+	14.003)	/	12.596
	=	2.17

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. 2023) EBITDA data.

MTL Cannabis (FRA:J4E) 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.

MTL Cannabis Debt-to-EBITDA Related Terms

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

MTL Cannabis (FRA:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (FRA:J4E) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

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