MAXQF (Maritime Launch Services) Debt-to-EBITDA : -20.20 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAXQF Maritime Launch Services Inc MAXQF
26 GF Score
Price $0.29
! 5 Warning Signs
View Full Analysis

What is Maritime Launch Services Debt-to-EBITDA?

Maritime Launch Services MAXQF +1.84% 26 Debt-to-EBITDA is -20.20 as of Mar. 2026. GuruFocus rates MAXQF with a GF Score™ of 26/100. The stock has 5 warning signs investors should review. Among 254 Aerospace & Defense companies, Maritime Launch Services ranks worse than 393700.39% on this metric.

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

Maritime Launch Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.14 Mil. Maritime Launch Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.11 Mil. Maritime Launch Services's annualized EBITDA for the quarter that ended in Mar. 2026 was $-0.26 Mil. Maritime Launch Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -20.20.

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 Maritime Launch Services's Debt-to-EBITDA or its related term are showing as below:

MAXQF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.2   Med: -1.3   Max: -0.1
Current: -0.16

During the past 7 years, the highest Debt-to-EBITDA Ratio of Maritime Launch Services was -0.10. The lowest was -2.20. And the median was -1.30.

MAXQF's Debt-to-EBITDA is ranked worse than
100% of 254 companies
in the Aerospace & Defense industry
Industry Median: 1.82 vs MAXQF: -0.16

Maritime Launch Services  (OTCPK:MAXQF) 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.


Maritime Launch Services Debt-to-EBITDA Related Terms


Maritime Launch Services Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Maritime Launch Services'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.

Maritime Launch Services Debt-to-EBITDA Chart

Maritime Launch Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -1.95 -1.08 -2.20 -2.13 -0.10

Maritime Launch Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.87 -4.66 -7.66 -0.03 -20.20

MAXQF vs SPCX, GE, RTX: Debt-to-EBITDA Comparison

For the Aerospace & Defense subindustry, Maritime Launch Services'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.


Maritime Launch Services Debt-to-EBITDA vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Maritime Launch Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Maritime Launch Services's Debt-to-EBITDA falls into.


MAXQF
26GF Score
Maritime Launch Services Inc MAXQF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maritime Launch Services Debt-to-EBITDA Calculation

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

Maritime Launch Services's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.158 + 0.107) / -34.043
=-0.10

Maritime Launch Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.138 + 0.113) / -0.26
=-20.20

* 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 (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -20.20 mean?
Maritime Launch Services (MAXQF) has a Debt-to-EBITDA of -20.20 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Maritime Launch Services. According to the industry distribution chart, Maritime Launch Services ranks #999999 out of 254 companies in the Aerospace & Defense industry.
Is Maritime Launch Services' Debt-to-EBITDA too high?
Maritime Launch Services' current Debt-to-EBITDA is -20.20. Based on the distribution chart, Maritime Launch Services ranks #999999 out of 254 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Maritime Launch Services has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Maritime Launch Services' Debt-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Maritime Launch Services ranks #999999 out of 254 companies for Debt-to-EBITDA. This places Maritime Launch Services in the lower half of its industry. The industry median Debt-to-EBITDA is 1.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.82, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Maritime Launch Services. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maritime Launch Services's current Debt-to-EBITDA is -20.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritime Launch Services stock overvalued right now?
Maritime Launch Services (MAXQF) has a current Debt-to-EBITDA of -20.20. The current Debt-to-EBITDA is -20.20. Maritime Launch Services' overall GF Score™ is 26/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Maritime Launch Services (MAXQF), the current Debt-to-EBITDA is -20.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Maritime Launch Services Business Description

Other Exchanges N5X:GermanyMAXQ:Canada
Address 1883 Upper Water Street, Suite 303, Halifax, NS, CAN, B3J 1S9
Maritime Launch Services Inc through its subsidiary, owns a fully-permitted site for the establishment of Canada's first commercial Spaceport from which to launch satellites via small and medium sized launch vehicles (rockets), into low earth orbit, located in Canso, Nova Scotia. is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry. The company is also focused towards hosting multiple launch vehicle companies that could each launch up to eight or more times per year and are capable of carrying numerous satellites on each mission.
26GF Score

Get the complete analysis for MAXQF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.29
Price