GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » KushCo Holdings Inc (OTCPK:KSHB) » Definitions » Debt-to-EBITDA

KushCo Holdings (KushCo Holdings) Debt-to-EBITDA : -0.11 (As of May. 2021)


View and export this data going back to 2015. Start your Free Trial

What is KushCo Holdings Debt-to-EBITDA?

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

KushCo Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2021 was $2.4 Mil. KushCo Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2021 was $0.0 Mil. KushCo Holdings's annualized EBITDA for the quarter that ended in May. 2021 was $-22.2 Mil. KushCo Holdings's annualized Debt-to-EBITDA for the quarter that ended in May. 2021 was -0.11.

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 KushCo Holdings's Debt-to-EBITDA or its related term are showing as below:

KSHB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.91   Med: -0.17   Max: 0.34
Current: -0.18

During the past 7 years, the highest Debt-to-EBITDA Ratio of KushCo Holdings was 0.34. The lowest was -0.91. And the median was -0.17.

KSHB's Debt-to-EBITDA is not ranked
in the Packaging & Containers industry.
Industry Median: 2.5 vs KSHB: -0.18

KushCo Holdings Debt-to-EBITDA Historical Data

The historical data trend for KushCo Holdings'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.

KushCo Holdings Debt-to-EBITDA Chart

KushCo Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Debt-to-EBITDA
Get a 7-Day Free Trial 0.34 0.33 -0.05 -0.91 -0.34

KushCo Holdings Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
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 -0.60 -1.52 -3.32 -3.08 -0.11

Competitive Comparison of KushCo Holdings's Debt-to-EBITDA

For the Packaging & Containers subindustry, KushCo Holdings'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.


KushCo Holdings's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, KushCo Holdings's Debt-to-EBITDA distribution charts can be found below:

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



KushCo Holdings Debt-to-EBITDA Calculation

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

KushCo Holdings's Debt-to-EBITDA for the fiscal year that ended in Aug. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.275 + 0) / -66.185
=-0.34

KushCo Holdings's annualized Debt-to-EBITDA for the quarter that ended in May. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.373 + 0) / -22.184
=-0.11

* 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. 2021) EBITDA data.


KushCo Holdings  (OTCPK:KSHB) 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.


KushCo Holdings Debt-to-EBITDA Related Terms

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


KushCo Holdings (KushCo Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6261 Katella Avenue, Suite 250, Cypress, CA, USA, 90630
KushCo Holdings Inc is engaged in marketing and selling of customized packaging products, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions to customers operating in the regulated medical and recreational cannabis industries. The firm's packaging products consist of bottles, bags, tubes, and containers. Its subsidiaries and brands provide product quality, customer service, compliance knowledge and a local presence in serving its diverse customer base. The firm has sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe.
Executives
Stephen Christoffersen officer: Chief Financial Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Nicholas Kovacevich director, officer: Chairman and CEO 2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660
Oliveira Rodrigo De officer: Chief Operating Officer C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841
Donald H Hunter director C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109
Barbara Goodstein director 23 MAIN STREET, HOLMDEL NJ 07733
Dallas Imbimbo director 1800 NEWPORT CIRCLE, SANTA ANA CA 92705
Eric Baum director 866 BERKSHIRE DRIVE, WESTBURY NY 11590
Christopher Tedford officer: Chief Financial Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jason Vegotsky officer: Chief Revenue Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jim Mccormick officer: CFO and COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Ben Wu other: Consultant, Former COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Chris Martin other: None 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Greg Gamet other: None 3539 GAYLORD STREET DENVER CO 80205
Jeffrey Meng 10 percent owner 17595 HARVARD STREET C552 IRVINE CA 92614

KushCo Holdings (KushCo Holdings) Headlines

From GuruFocus