TDNT (Trident Brands) Debt-to-EBITDA : -10.16 (As of May. 2022)

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What is Trident Brands Debt-to-EBITDA?

Trident Brands TDNT Debt-to-EBITDA is -10.16 as of May. 2022.

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

Trident Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was $0.00 Mil. Trident Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was $22.30 Mil. Trident Brands's annualized EBITDA for the quarter that ended in May. 2022 was $-2.20 Mil. Trident Brands's annualized Debt-to-EBITDA for the quarter that ended in May. 2022 was -10.15.

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

TDNT's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.12
* Ranked among companies with meaningful Debt-to-EBITDA only.

Trident Brands  (OTCPK:TDNT) 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.


Trident Brands Debt-to-EBITDA Related Terms


Trident Brands Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Trident Brands'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.

Trident Brands Debt-to-EBITDA Chart

Trident Brands Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.76 -2.20 -2.38 -20.55 -9.75

Trident Brands Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -10.87 -13.90 -5.41 -13.37 -10.16

TDNT vs SKVI, QNTA, SNBH: Debt-to-EBITDA Comparison

For the Packaged Foods subindustry, Trident Brands'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.


Trident Brands Debt-to-EBITDA vs Consumer Packaged Goods Industry

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

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



Trident Brands Debt-to-EBITDA Calculation

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

Trident Brands's Debt-to-EBITDA for the fiscal year that ended in Nov. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 22.3) / -2.288
=-9.75

Trident Brands's annualized Debt-to-EBITDA for the quarter that ended in May. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 22.3) / -2.196
=-10.15

* 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 (May. 2022) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -10.16 mean?
Trident Brands (TDNT) has a Debt-to-EBITDA of -10.16 as of May. 2022. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Trident Brands.
Is Trident Brands' Debt-to-EBITDA too high?
Trident Brands' current Debt-to-EBITDA is -10.16.
How does Trident Brands' Debt-to-EBITDA compare to SKVI and QNTA?
Trident Brands' Debt-to-EBITDA of -10.16 can be compared against companies in the Consumer Packaged Goods industry. The industry median Debt-to-EBITDA is 2.12. 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 2.12, based on 1,554 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 Trident Brands. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trident Brands's current Debt-to-EBITDA is -10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Brands stock overvalued right now?
Trident Brands (TDNT) has a current Debt-to-EBITDA of -10.16. The current Debt-to-EBITDA is -10.16. 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 Trident Brands (TDNT), the current Debt-to-EBITDA is -10.16 as of May. 2022. 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.

Trident Brands Business Description

Address 433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
Trident Brands Inc is a consumer product company. It is focused on developing high growth branded and private label consumer products and ingredients within the nutritional supplement, life sciences, and food and beverage categories. It offers consumer products, including nutritional products and supplements under the Everlast and Brain Armor brands. The company's brands focus on supplements, nutritional products, and heart and brain health categories. In addition, the firm also offers various banking facilities. Geographically business activity functions through the region of the United States and derives a majority of its revenue from the sale of products.