LGLOF (Green Block Mining) Debt-to-EBITDA : (As of Aug. 2021)

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What is Green Block Mining Debt-to-EBITDA?

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

Green Block Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2021 was $3.15 Mil. Green Block Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2021 was $2.19 Mil. Green Block Mining's annualized EBITDA for the quarter that ended in Aug. 2021 was $-2.97 Mil. Green Block Mining's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2021 was -1.79.

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 Green Block Mining's Debt-to-EBITDA or its related term are showing as below:

LGLOF's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 0.99
* Ranked among companies with meaningful Debt-to-EBITDA only.

Green Block Mining  (OTCPK:LGLOF) 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.

Green Block Mining Debt-to-EBITDA Related Terms

Green Block Mining Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Debt-to-EBITDA Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Debt-to-EBITDA
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Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 - - - - -

LGLOF vs CRM, INTU, NOW: Debt-to-EBITDA Comparison

For the Software - Application subindustry, Green Block Mining'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.

Green Block Mining Debt-to-EBITDA vs Software Industry

For the Software industry and Technology sector, Green Block Mining's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Green Block Mining's Debt-to-EBITDA falls into.


Green Block Mining Debt-to-EBITDA Calculation

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

Green Block Mining's Debt-to-EBITDA for the fiscal year that ended in Nov. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.779361 + 1.472533) / -4.0754530000157
=-0.55

Green Block Mining's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.149464 + 2.188526) / -2.9738520000181
=-1.79

* 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 (Aug. 2021) EBITDA data.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.