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Medical Marijuana (Medical Marijuana) Debt-to-EBITDA : -0.11 (As of Dec. 2017)


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What is Medical Marijuana Debt-to-EBITDA?

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

Medical Marijuana's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $1.41 Mil. Medical Marijuana's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $13.43 Mil. Medical Marijuana's annualized EBITDA for the quarter that ended in Dec. 2017 was $-134.69 Mil. Medical Marijuana's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 was -0.11.

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 Medical Marijuana's Debt-to-EBITDA or its related term are showing as below:

MJNA's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.66
* Ranked among companies with meaningful Debt-to-EBITDA only.

Medical Marijuana Debt-to-EBITDA Historical Data

The historical data trend for Medical Marijuana'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.

Medical Marijuana Debt-to-EBITDA Chart

Medical Marijuana Annual Data
Trend Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial -1.37 -7.90 - -0.80 -0.11

Medical Marijuana Semi-Annual Data
Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA Get a 7-Day Free Trial -1.37 -7.90 - -0.80 -0.11

Competitive Comparison of Medical Marijuana's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Medical Marijuana'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.


Medical Marijuana's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medical Marijuana's Debt-to-EBITDA distribution charts can be found below:

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



Medical Marijuana Debt-to-EBITDA Calculation

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

Medical Marijuana's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.41 + 13.432) / -134.685
=-0.11

Medical Marijuana's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.41 + 13.432) / -134.685
=-0.11

* 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 one times the quarterly (Dec. 2017) EBITDA data.


Medical Marijuana  (OTCPK:MJNA) 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.


Medical Marijuana Debt-to-EBITDA Related Terms

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


Medical Marijuana (Medical Marijuana) Business Description

Traded in Other Exchanges
N/A
Address
2384 La Mirada Drive, Vista, CA, USA, 92081
Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.

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