Goodfood Market (TSX:FOOD) Debt-to-EBITDA : 4.70 (As of May. 2026)

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What is Goodfood Market Debt-to-EBITDA?

Goodfood Market TSX:FOOD Debt-to-EBITDA is 4.70 as of May. 2026. The stock has 3 warning signs investors should review. Among 70 Personal Services companies, Goodfood Market ranks worse than 1428570% on this metric.

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

Goodfood Market's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was C$30.69 Mil. Goodfood Market's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was C$20.27 Mil. Goodfood Market's annualized EBITDA for the quarter that ended in May. 2026 was C$10.84 Mil. Goodfood Market's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was 4.70.

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 Goodfood Market's Debt-to-EBITDA or its related term are showing as below:

TSX:FOOD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -24.31   Med: -0.05   Max: 66.31
Current: -24.31

During the past 11 years, the highest Debt-to-EBITDA Ratio of Goodfood Market was 66.31. The lowest was -24.31. And the median was -0.05.

TSX:FOOD's Debt-to-EBITDA is ranked worse than
100% of 70 companies
in the Personal Services industry
Industry Median: 2.315 vs TSX:FOOD: -24.31

Goodfood Market  (TSX:FOOD) 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.


Goodfood Market Debt-to-EBITDA Related Terms


Goodfood Market Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Goodfood Market'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.

Goodfood Market Debt-to-EBITDA Chart

Goodfood Market Annual Data
Trend Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.22 -2.01 66.31 5.58 11.60

Goodfood Market Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 4.36 -11.14 48.63 -3.28 4.70

TSX:FOOD vs ROL, SCI, HRB: Debt-to-EBITDA Comparison

For the Personal Services subindustry, Goodfood Market'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.


Goodfood Market Debt-to-EBITDA vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Goodfood Market's Debt-to-EBITDA distribution charts can be found below:

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



Goodfood Market Debt-to-EBITDA Calculation

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

Goodfood Market's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.149 + 48.655) / 4.465
=11.60

Goodfood Market's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(30.693 + 20.274) / 10.84
=4.70

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.70 mean?
Goodfood Market (TSX:FOOD) has a Debt-to-EBITDA of 4.70 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Goodfood Market. According to the industry distribution chart, Goodfood Market ranks #999999 out of 70 companies in the Personal Services industry.
Is Goodfood Market's Debt-to-EBITDA too high?
Goodfood Market's current Debt-to-EBITDA is 4.70. The Personal Services industry median Debt-to-EBITDA is 2.32. Goodfood Market's value of 4.70 is 103% above this industry median. Based on the distribution chart, Goodfood Market ranks #999999 out of 70 companies in the Personal Services industry, which is in the bottom quartile relative to peers.
How does Goodfood Market's Debt-to-EBITDA compare to ROL and SCI?
According to the Personal Services industry distribution chart, Goodfood Market ranks #999999 out of 70 companies for Debt-to-EBITDA. This places Goodfood Market in the lower half of its industry. The industry median Debt-to-EBITDA is 2.32. Goodfood Market's value of 4.70 is 103% 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 Personal Services company?
The median Debt-to-EBITDA among Personal Services companies is 2.32, based on 70 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. Goodfood Market's current Debt-to-EBITDA of 4.70 is 103% 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 Goodfood Market. For the Personal Services industry, the median Debt-to-EBITDA is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodfood Market's current Debt-to-EBITDA is 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodfood Market stock overvalued right now?
Based on GuruFocus' analysis, Goodfood Market (TSX:FOOD) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.15, compared to a current price of C$0.03 — trading 80% below its estimated fair value. The current Debt-to-EBITDA is 4.70 and 103% above the Personal Services industry median of 2.32. 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 Goodfood Market (TSX:FOOD), the current Debt-to-EBITDA is 4.70 as of May. 2026. 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.

Goodfood Market Business Description

Other Exchanges GDDFF:USA76O:Germany
Address 4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Goodfood Market Corp is an online grocery company in Canada that delivers fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfillment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.