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GRNBF (GreenBank Capital) Debt-to-EBITDA : -5.12 (As of Apr. 2024)


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What is GreenBank Capital Debt-to-EBITDA?

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

GreenBank Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $3.49 Mil. GreenBank Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $0.34 Mil. GreenBank Capital's annualized EBITDA for the quarter that ended in Apr. 2024 was $-0.75 Mil. GreenBank Capital's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2024 was -5.12.

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

GRNBF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.02   Med: -0.08   Max: 6.66
Current: -1.02

During the past 11 years, the highest Debt-to-EBITDA Ratio of GreenBank Capital was 6.66. The lowest was -1.02. And the median was -0.08.

GRNBF's Debt-to-EBITDA is ranked worse than
100% of 431 companies
in the Capital Markets industry
Industry Median: 1.56 vs GRNBF: -1.02

GreenBank Capital Debt-to-EBITDA Historical Data

The historical data trend for GreenBank Capital'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.

GreenBank Capital Debt-to-EBITDA Chart

GreenBank Capital 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 - -0.53 -0.71 6.66 -0.52

GreenBank Capital 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 -24.67 -0.29 -3.48 -4.92 -5.12

Competitive Comparison of GreenBank Capital's Debt-to-EBITDA

For the Capital Markets subindustry, GreenBank Capital'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.


GreenBank Capital's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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



GreenBank Capital Debt-to-EBITDA Calculation

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

GreenBank Capital'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
=(3.401 + 0.344) / -7.258
=-0.52

GreenBank Capital'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
=(3.488 + 0.339) / -0.748
=-5.12

* 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.


GreenBank Capital  (OTCPK:GRNBF) 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.


GreenBank Capital Debt-to-EBITDA Related Terms

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


GreenBank Capital Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
GreenBank Capital Inc is a merchant bank. The company's operating segment include investments, software development, and mineral exploration. The company derives maximum revenue from investments. The company specializes in private equity, public listings, pre-IPO funding, corporate restructuring, mergers and acquisitions, reverse mergers, and business incubating.