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PGFF (Pioneer Green Farms) Debt-to-EBITDA : -0.17 (As of Sep. 2024)


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What is Pioneer Green Farms Debt-to-EBITDA?

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

Pioneer Green Farms's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.88 Mil. Pioneer Green Farms's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.21 Mil. Pioneer Green Farms's annualized EBITDA for the quarter that ended in Sep. 2024 was $-6.44 Mil. Pioneer Green Farms's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.17.

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 Pioneer Green Farms's Debt-to-EBITDA or its related term are showing as below:

PGFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.96   Med: -2.29   Max: -0.5
Current: -0.5

During the past 2 years, the highest Debt-to-EBITDA Ratio of Pioneer Green Farms was -0.50. The lowest was -2.96. And the median was -2.29.

PGFF's Debt-to-EBITDA is ranked worse than
100% of 1503 companies
in the Consumer Packaged Goods industry
Industry Median: 2.02 vs PGFF: -0.50

Pioneer Green Farms Debt-to-EBITDA Historical Data

The historical data trend for Pioneer Green Farms'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.

Pioneer Green Farms Debt-to-EBITDA Chart

Pioneer Green Farms Annual Data
Trend Dec22 Dec23
Debt-to-EBITDA
-1.62 -2.96

Pioneer Green Farms Quarterly Data
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 -2.90 -4.14 -1.31 -1.09 -0.17

Competitive Comparison of Pioneer Green Farms's Debt-to-EBITDA

For the Farm Products subindustry, Pioneer Green Farms'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.


Pioneer Green Farms's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pioneer Green Farms's Debt-to-EBITDA distribution charts can be found below:

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


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Pioneer Green Farms Debt-to-EBITDA Calculation

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

Pioneer Green Farms'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
=(0.917 + 0.209) / -0.381
=-2.96

Pioneer Green Farms'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
=(0.878 + 0.208) / -6.444
=-0.17

* 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.


Pioneer Green Farms  (OTCPK:PGFF) 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.


Pioneer Green Farms Debt-to-EBITDA Related Terms

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


Pioneer Green Farms Business Description

Traded in Other Exchanges
N/A
Address
1301 10th Avenue East, Suite G, Palmetto, FL, USA, 34221
Pioneer Green Farms Inc is engaged in growing hemp flowers from seeds to oil. The seed is planted and harvested then extracted to oil. The Company engages an extraction facility to extract the oil from the plants. Its Vision is to grow the highest quality hemp flower and provide organic products on its owned and family-operated farms. The hemp is hand-seeded, cultivated, and harvested at optimum bloom. In addition to hemp cultivation, at the Drymon Farm, it is also producing peaches, lychee, dragon fruit, passion fruit, and longan fruit stock trees for resale.

Pioneer Green Farms Headlines