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MNLXF (MiniLuxe Holding) Debt-to-EBITDA : -10.43 (As of Sep. 2024)


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What is MiniLuxe Holding Debt-to-EBITDA?

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

MiniLuxe Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $5.83 Mil. MiniLuxe Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $8.94 Mil. MiniLuxe Holding's annualized EBITDA for the quarter that ended in Sep. 2024 was $-1.42 Mil. MiniLuxe Holding's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -10.43.

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 MiniLuxe Holding's Debt-to-EBITDA or its related term are showing as below:

MNLXF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.51   Med: -1.14   Max: 1.79
Current: -3.73

During the past 7 years, the highest Debt-to-EBITDA Ratio of MiniLuxe Holding was 1.79. The lowest was -13.51. And the median was -1.14.

MNLXF's Debt-to-EBITDA is ranked worse than
100% of 78 companies
in the Personal Services industry
Industry Median: 2.62 vs MNLXF: -3.73

MiniLuxe Holding Debt-to-EBITDA Historical Data

The historical data trend for MiniLuxe Holding'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.

MiniLuxe Holding Debt-to-EBITDA Chart

MiniLuxe Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.98 1.79 -0.19 -1.31 -2.44

MiniLuxe Holding Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.23 -1.29 -3.55 -7.73 -10.43

Competitive Comparison of MiniLuxe Holding's Debt-to-EBITDA

For the Personal Services subindustry, MiniLuxe Holding'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.


MiniLuxe Holding's Debt-to-EBITDA Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, MiniLuxe Holding's Debt-to-EBITDA distribution charts can be found below:

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



MiniLuxe Holding Debt-to-EBITDA Calculation

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

MiniLuxe Holding'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
=(1.39 + 10.298) / -4.792
=-2.44

MiniLuxe Holding'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
=(5.828 + 8.937) / -1.416
=-10.43

* 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 (Sep. 2024) EBITDA data.


MiniLuxe Holding  (OTCPK:MNLXF) 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.


MiniLuxe Holding Debt-to-EBITDA Related Terms

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


MiniLuxe Holding Business Description

Traded in Other Exchanges
Address
20 Holly Street, Suite 300, Toronto, ON, CAN
MiniLuxe Holding Corp owns and operates nail and beauty salons and provides consumers with nail, hand, foot care, and waxing services, and sells personal beauty products. The Company operates in only one geographical region which is the United States of America.