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MyCelx Technologies (LSE:MYXR) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is MyCelx Technologies Debt-to-EBITDA?

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

MyCelx Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.22 Mil. MyCelx Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.48 Mil. MyCelx Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was £0.00 Mil.

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 MyCelx Technologies's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of MyCelx Technologies was 78.79. The lowest was -2.18. And the median was -0.61.

LSE:MYXR's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.71
* Ranked among companies with meaningful Debt-to-EBITDA only.

MyCelx Technologies Debt-to-EBITDA Historical Data

The historical data trend for MyCelx Technologies'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.

MyCelx Technologies Debt-to-EBITDA Chart

MyCelx Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.18 -0.73 78.79 -0.49 -0.36

MyCelx Technologies Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.62 -0.32 N/A N/A N/A

Competitive Comparison of MyCelx Technologies's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, MyCelx Technologies'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.


MyCelx Technologies's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MyCelx Technologies's Debt-to-EBITDA distribution charts can be found below:

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



MyCelx Technologies Debt-to-EBITDA Calculation

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

MyCelx Technologies's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.223 + 0.48) / -1.947
=-0.36

MyCelx Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.223 + 0.48) / 0
=N/A

* 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 two times the quarterly (Dec. 2023) EBITDA data.


MyCelx Technologies  (LSE:MYXR) 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.


MyCelx Technologies Debt-to-EBITDA Related Terms

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


MyCelx Technologies (LSE:MYXR) Business Description

Traded in Other Exchanges
Address
1650 International Court, Suite 100, Norcross, GA, USA, 30093
MyCelx Technologies Corp is a clean water technology company. It provides novel water treatment solutions to the oil and gas, power, marine and heavy manufacturing sectors. The company created the patented MYCELX polymer using molecular cohesion for removing oil and other contaminants from water. Geographically, the group has a business presence in the Middle East, the United States, Nigeria, and Other regions, of which key revenue is derived from the Middle East region.

MyCelx Technologies (LSE:MYXR) Headlines

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