MEIL (Methes Energies International) Debt-to-EBITDA : -6.77 (As of Aug. 2023)

What is Methes Energies International Debt-to-EBITDA?

Methes Energies International MEIL Debt-to-EBITDA is -6.77 as of Aug. 2023.

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

Methes Energies International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.09 Mil. Methes Energies International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $1.21 Mil. Methes Energies International's annualized EBITDA for the quarter that ended in Aug. 2023 was $-0.19 Mil. Methes Energies International's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was -6.77.

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 Methes Energies International's Debt-to-EBITDA or its related term are showing as below:

MEIL's Debt-to-EBITDA is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 5.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

Methes Energies International (OTCPK:MEIL) 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.

Methes Energies International Debt-to-EBITDA Related Terms

Methes Energies International Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Methes Energies International'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.

Methes Energies International Debt-to-EBITDA Chart

Methes Energies International Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Debt-to-EBITDA

0.00

-0.44

-0.64

-0.56

Methes Energies International Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Aug22	May23	Aug23
Debt-to-EBITDA	Get a 7-Day Free Trial															-1.37	-1.84	N/A	N/A	-6.77

MEIL vs PARG, WWSG, BBOE: Debt-to-EBITDA Comparison

For the Shell Companies subindustry, Methes Energies International'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.

Methes Energies International Debt-to-EBITDA vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Methes Energies International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Methes Energies International's Debt-to-EBITDA falls into.

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Methes Energies International Debt-to-EBITDA Calculation

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

Methes Energies International's Debt-to-EBITDA for the fiscal year that ended in Nov. 2014 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.18	+	1.837)	/	-5.371
	=	-0.56

Methes Energies International's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.093	+	1.207)	/	-0.192
	=	-6.77

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. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →

What does a Debt-to-EBITDA of -6.77 mean?

Methes Energies International (MEIL) has a Debt-to-EBITDA of -6.77 as of Aug. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Methes Energies International.

Is Methes Energies International's Debt-to-EBITDA too high?

Methes Energies International's current Debt-to-EBITDA is -6.77.

How does Methes Energies International's Debt-to-EBITDA compare to PARG and WWSG?

Methes Energies International's Debt-to-EBITDA of -6.77 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-EBITDA is 5.76. 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 a Diversified Financial Services company?

The median Debt-to-EBITDA among Diversified Financial Services companies is 5.76, based on 121 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 Methes Energies International. For the Diversified Financial Services industry, the median Debt-to-EBITDA is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methes Energies International's current Debt-to-EBITDA is -6.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Methes Energies International stock overvalued right now?

Methes Energies International (MEIL) has a current Debt-to-EBITDA of -6.77. The current Debt-to-EBITDA is -6.77. 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 Methes Energies International (MEIL), the current Debt-to-EBITDA is -6.77 as of Aug. 2023. 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.

Methes Energies International Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies PARG WWSG BBOE BISA SVAD STRG MMNT MYCB NICH KSSH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747

Website https://www.methes.com

Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.