MGPRF (PlasCred Circular Innovations) Debt-to-EBITDA : 0.00 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is PlasCred Circular Innovations Debt-to-EBITDA?

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

PlasCred Circular Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. PlasCred Circular Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. PlasCred Circular Innovations's annualized EBITDA for the quarter that ended in Sep. 2024 was $-1.25 Mil. PlasCred Circular Innovations's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.00.

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 PlasCred Circular Innovations's Debt-to-EBITDA or its related term are showing as below:

MGPRF's Debt-to-EBITDA is not ranked ^*
in the Waste Management industry.
Industry Median: 3.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

PlasCred Circular Innovations Debt-to-EBITDA Historical Data

The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations Debt-to-EBITDA Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

Debt-to-EBITDA

N/A

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of PlasCred Circular Innovations's Debt-to-EBITDA

For the Waste Management subindustry, PlasCred Circular Innovations'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.

PlasCred Circular Innovations's Debt-to-EBITDA Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PlasCred Circular Innovations's Debt-to-EBITDA falls into.

PlasCred Circular Innovations Debt-to-EBITDA Calculation

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

PlasCred Circular Innovations'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
	=	(0.001	+	0)	/	-7.463
	=	-0.00

PlasCred Circular Innovations's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-1.252
	=	0.00

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 (Sep. 2024) EBITDA data.

PlasCred Circular Innovations (OTCPK:MGPRF) 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.

PlasCred Circular Innovations Debt-to-EBITDA Related Terms

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

PlasCred Circular Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (OTCPK:MGPRF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

XV2:Germany PLAS:Canada

Address

715 - 5th Avenue SW, Suite 815, Vancouver, BC, CAN, T2P 2X6

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.