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NHHHF (FuelPositive) Debt-to-EBITDA : -0.04 (As of Jun. 2024)


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What is FuelPositive Debt-to-EBITDA?

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

FuelPositive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.07 Mil. FuelPositive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.16 Mil. FuelPositive's annualized EBITDA for the quarter that ended in Jun. 2024 was $-6.12 Mil. FuelPositive's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.04.

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

NHHHF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.58   Med: -0.05   Max: -0.01
Current: -0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of FuelPositive was -0.01. The lowest was -0.58. And the median was -0.05.

NHHHF's Debt-to-EBITDA is ranked worse than
100% of 2275 companies
in the Industrial Products industry
Industry Median: 1.7 vs NHHHF: -0.03

FuelPositive Debt-to-EBITDA Historical Data

The historical data trend for FuelPositive'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.

FuelPositive Debt-to-EBITDA Chart

FuelPositive Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.58 -0.05 -0.01 -0.01

FuelPositive Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - -0.01 -0.06 -0.05 -0.04

Competitive Comparison of FuelPositive's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, FuelPositive'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.


FuelPositive's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelPositive's Debt-to-EBITDA distribution charts can be found below:

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



FuelPositive Debt-to-EBITDA Calculation

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

FuelPositive's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.073 + 0.033) / -7.779
=-0.01

FuelPositive's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.066 + 0.161) / -6.12
=-0.04

* 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 (Jun. 2024) EBITDA data.


FuelPositive  (OTCPK:NHHHF) 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.


FuelPositive Debt-to-EBITDA Related Terms

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


FuelPositive Business Description

Traded in Other Exchanges
Address
99 Northland Road, Unit B, Waterloo, ON, CAN, N2V 1Y8
FuelPositive Corp is a developer and planned growth stage manufacturer of an expanding portfolio of energy storage and fossil fuel replacement technologies. The company is also focused on the acquisition of other complementary sustainable energy storage and fuel technologies through licensing and purchase of qualifying assets. The Company owns the rights to certain proprietary hydrogen and ammonia technologies being developed by the company. The company is focused on manufacturing, joint venture, and licensing opportunities for its technologies across a broad spectrum of industries and applications.