NHMD (Nate's Food Co) Debt-to-EBITDA : -1.81 (As of Nov. 2023)

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What is Nate's Food Co Debt-to-EBITDA?

Nate's Food Co NHMD -99.00% Debt-to-EBITDA is -1.81 as of Nov. 2023.

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

Nate's Food Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.40 Mil. Nate's Food Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.62 Mil. Nate's Food Co's annualized EBITDA for the quarter that ended in Nov. 2023 was $-0.56 Mil. Nate's Food Co's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was -1.81.

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 Nate's Food Co's Debt-to-EBITDA or its related term are showing as below:

NHMD's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.645
* Ranked among companies with meaningful Debt-to-EBITDA only.

Nate's Food Co  (OTCPK:NHMD) 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.

Nate's Food Co Debt-to-EBITDA Related Terms

Nate's Food Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nate's Food Co'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.

Nate's Food Co Debt-to-EBITDA Chart

Nate's Food Co Annual Data
Trend Jun10 May14 May15 May16 May17 May18 May20 May21 May22 May23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.30 0.34 2.77 -6.40

Nate's Food Co Quarterly Data
May17 Aug17 Nov17 Feb18 May18 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -1.61 8.24 -7.53 -5.93 -1.81

NHMD vs MNTR, GMPW, MGHL: Debt-to-EBITDA Comparison

For the Capital Markets subindustry, Nate's Food Co'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.

Nate's Food Co Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nate's Food Co's Debt-to-EBITDA distribution charts can be found below:

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


Nate's Food Co Debt-to-EBITDA Calculation

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

Nate's Food Co's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.654 + 0.159) / -0.127
=-6.40

Nate's Food Co's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.4 + 0.619) / -0.564
=-1.81

* 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 (Nov. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.81 mean?
Nate's Food Co (NHMD) has a Debt-to-EBITDA of -1.81 as of Nov. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nate's Food Co.
Is Nate's Food Co's Debt-to-EBITDA too high?
Nate's Food Co's current Debt-to-EBITDA is -1.81.
How does Nate's Food Co's Debt-to-EBITDA compare to MNTR and GMPW?
Nate's Food Co's Debt-to-EBITDA of -1.81 can be compared against companies in the Capital Markets industry. The industry median Debt-to-EBITDA is 1.65. 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 Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.65, based on 422 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 Nate's Food Co. For the Capital Markets industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nate's Food Co's current Debt-to-EBITDA is -1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nate's Food Co stock overvalued right now?
Nate's Food Co (NHMD) has a current Debt-to-EBITDA of -1.81. The current Debt-to-EBITDA is -1.81. 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 Nate's Food Co (NHMD), the current Debt-to-EBITDA is -1.81 as of Nov. 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.

Nate's Food Co Business Description

Address 15151 Springdale Street, Huntington Beach, CA, USA, 92649
Nate's Food Co is a food manufacturing and product company that manufactures, distributes, and sells ready-to-use, pre-mixed pancake and waffle batter. The Company is engaged in Bitcoin Mining which is the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The company sells its products across the United States to a variety of customers through its online store.