TOBAF (TAAT Global Alternatives) Debt-to-EBITDA : 6.93 (As of Jul. 2024)


TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives Debt-to-EBITDA?

TAAT Global Alternatives TOBAF 10 Debt-to-EBITDA is 6.93 as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

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

TAAT Global Alternatives's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $3.91 Mil. TAAT Global Alternatives's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was $0.22 Mil. TAAT Global Alternatives's annualized EBITDA for the quarter that ended in Jul. 2024 was $0.60 Mil. TAAT Global Alternatives's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 was 6.93.

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 TAAT Global Alternatives's Debt-to-EBITDA or its related term are showing as below:

TOBAF's Debt-to-EBITDA is not ranked *
in the Tobacco Products industry.
Industry Median: 1.37
* Ranked among companies with meaningful Debt-to-EBITDA only.

TAAT Global Alternatives  (OTCPK:TOBAF) 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.

TAAT Global Alternatives Debt-to-EBITDA Related Terms

TAAT Global Alternatives Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Debt-to-EBITDA Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.03 -0.14 -0.32 -1.03

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.42 -1.36 -2.21 0.82 6.93

TOBAF vs VPRB, XXII, CBDW: Debt-to-EBITDA Comparison

For the Tobacco subindustry, TAAT Global Alternatives'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.

TAAT Global Alternatives Debt-to-EBITDA vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TAAT Global Alternatives's Debt-to-EBITDA falls into.


TOBAF
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TAAT Global Alternatives Inc TOBAF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives Debt-to-EBITDA Calculation

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

TAAT Global Alternatives's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.356 + 1.944) / -6.092
=-1.03

TAAT Global Alternatives's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.909 + 0.219) / 0.596
=6.93

* 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 (Jul. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 6.93 mean?
TAAT Global Alternatives (TOBAF) has a Debt-to-EBITDA of 6.93 as of Jul. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on TAAT Global Alternatives.
Is TAAT Global Alternatives' Debt-to-EBITDA too high?
TAAT Global Alternatives' current Debt-to-EBITDA is 6.93. The Tobacco Products industry median Debt-to-EBITDA is 1.37. TAAT Global Alternatives' value of 6.93 is 405.8% above this industry median. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Debt-to-EBITDA compare to VPRB and XXII?
TAAT Global Alternatives' Debt-to-EBITDA of 6.93 can be compared against companies in the Tobacco Products industry. The industry median Debt-to-EBITDA is 1.37. TAAT Global Alternatives' value of 6.93 is 405.8% above this benchmark. 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 Tobacco Products company?
The median Debt-to-EBITDA among Tobacco Products companies is 1.37, based on 35 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. TAAT Global Alternatives's current Debt-to-EBITDA of 6.93 is 405.8% above the industry median. 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 TAAT Global Alternatives. For the Tobacco Products industry, the median Debt-to-EBITDA is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAAT Global Alternatives's current Debt-to-EBITDA is 6.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Debt-to-EBITDA of 6.93. The current Debt-to-EBITDA is 6.93 and 405.8% above the Tobacco Products industry median of 1.37. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current Debt-to-EBITDA is 6.93 as of Jul. 2024. 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.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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