PLBLF (Altus Copper) Debt-to-EBITDA : -0.20 (As of Jun. 2023)

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What is Altus Copper Debt-to-EBITDA?

Altus Copper PLBLF Debt-to-EBITDA is -0.20 as of Jun. 2023.

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

Altus Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.03 Mil. Altus Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.11 Mil. Altus Copper's annualized EBITDA for the quarter that ended in Jun. 2023 was $-0.68 Mil. Altus Copper's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.20.

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

PLBLF's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.075
* Ranked among companies with meaningful Debt-to-EBITDA only.

Altus Copper  (OTCPK:PLBLF) 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.


Altus Copper Debt-to-EBITDA Related Terms


Altus Copper Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Altus Copper'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.

Altus Copper Debt-to-EBITDA Chart

Altus Copper Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
-8.95 -0.04 -0.06

Altus Copper Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.04 -0.04 -0.08 -0.23 -0.20

PLBLF vs TTCFQ, BSFC, BDPT: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, Altus Copper'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.


Altus Copper Debt-to-EBITDA vs Consumer Packaged Goods Industry

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

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



Altus Copper Debt-to-EBITDA Calculation

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

Altus Copper's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.078 + 0.108) / -2.898
=-0.06

Altus Copper's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.026 + 0.11) / -0.676
=-0.20

* 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. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.20 mean?
Altus Copper (PLBLF) has a Debt-to-EBITDA of -0.20 as of Jun. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Altus Copper.
Is Altus Copper's Debt-to-EBITDA too high?
Altus Copper's current Debt-to-EBITDA is -0.20.
How does Altus Copper's Debt-to-EBITDA compare to TTCFQ and BSFC?
Altus Copper's Debt-to-EBITDA of -0.20 can be compared against companies in the Consumer Packaged Goods industry. The industry median Debt-to-EBITDA is 2.08. 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 Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,552 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 Altus Copper. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altus Copper's current Debt-to-EBITDA is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Copper stock overvalued right now?
Altus Copper (PLBLF) has a current Debt-to-EBITDA of -0.20. The current Debt-to-EBITDA is -0.20. 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 Altus Copper (PLBLF), the current Debt-to-EBITDA is -0.20 as of Jun. 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.

Altus Copper Business Description

Address 1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Altus Copper Corp formerly Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.