TGTMF (Targeted Microwave Solutions) Debt-to-EBITDA : -7.50 (As of Sep. 2025)

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What is Targeted Microwave Solutions Debt-to-EBITDA?

Targeted Microwave Solutions TGTMF Debt-to-EBITDA is -7.50 as of Sep. 2025. The stock has 1 warning sign investors should review.

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

Targeted Microwave Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.15 Mil. Targeted Microwave Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.00 Mil. Targeted Microwave Solutions's annualized EBITDA for the quarter that ended in Sep. 2025 was $-0.02 Mil. Targeted Microwave Solutions's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was -7.50.

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 Targeted Microwave Solutions's Debt-to-EBITDA or its related term are showing as below:

TGTMF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.95   Med: -3.58   Max: -0.35
Current: -4.95

During the past 10 years, the highest Debt-to-EBITDA Ratio of Targeted Microwave Solutions was -0.35. The lowest was -4.95. And the median was -3.58.

TGTMF's Debt-to-EBITDA is not ranked
in the Industrial Products industry.
Industry Median: 1.695 vs TGTMF: -4.95

Targeted Microwave Solutions  (OTCPK:TGTMF) 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.

Targeted Microwave Solutions Debt-to-EBITDA Related Terms

Targeted Microwave Solutions Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Targeted Microwave Solutions'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.

Targeted Microwave Solutions Debt-to-EBITDA Chart

Targeted Microwave Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.26 -3.66 -3.57 -4.69 -4.29

Targeted Microwave Solutions Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -6.25 -2.68 -7.50 -6.25 -7.50

TGTMF vs VLTO, ZWS, CECO: Debt-to-EBITDA Comparison

For the Pollution & Treatment Controls subindustry, Targeted Microwave Solutions'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.

Targeted Microwave Solutions Debt-to-EBITDA vs Industrial Products Industry

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

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


Targeted Microwave Solutions Debt-to-EBITDA Calculation

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

Targeted Microwave Solutions's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.15 + 0) / -0.035
=-4.29

Targeted Microwave Solutions's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.15 + 0) / -0.02
=-7.50

* 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. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -7.50 mean?
Targeted Microwave Solutions (TGTMF) has a Debt-to-EBITDA of -7.50 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Targeted Microwave Solutions.
Is Targeted Microwave Solutions' Debt-to-EBITDA too high?
Targeted Microwave Solutions' current Debt-to-EBITDA is -7.50.
How does Targeted Microwave Solutions' Debt-to-EBITDA compare to VLTO and ZWS?
Targeted Microwave Solutions' Debt-to-EBITDA of -7.50 can be compared against companies in the Industrial Products industry. The industry median Debt-to-EBITDA is 1.70. 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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 Targeted Microwave Solutions. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Targeted Microwave Solutions's current Debt-to-EBITDA is -7.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Targeted Microwave Solutions stock overvalued right now?
Targeted Microwave Solutions (TGTMF) has a current Debt-to-EBITDA of -7.50. The current Debt-to-EBITDA is -7.50. 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 Targeted Microwave Solutions (TGTMF), the current Debt-to-EBITDA is -7.50 as of Sep. 2025. 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.

Targeted Microwave Solutions Business Description

Address 1066 West Hastings Street, Suite 2300, Vancouver, BC, CAN, V6E 3X2
Targeted Microwave Solutions Inc is an industrial clean technology company in the business of developing patented microwave-based application technologies to dry, decontaminate, physically upgrade and fully eliminate or reduce environment harming emissions. The technology has specific application to mass-scale use of industrial aggregates, energy producing biomass, low-rank coals and other materials for use by power utilities and industrial companies.