Tantalus Systems Holding (TSX:GRID) Debt-to-EBITDA : -14.22 (As of Jun. 2026)

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TSX:GRID Tantalus Systems Holding Inc TSX:GRID
47 GF Score
Price C$4.41
GF Value C$2.31
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tantalus Systems Holding Debt-to-EBITDA?

Tantalus Systems Holding TSX:GRID +0.23% 47 Debt-to-EBITDA is -14.22 as of Jun. 2026. GuruFocus rates TSX:GRID with a GF Score™ of 47/100 and a GF Value™ of C$2.31 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,331 Industrial Products companies, Tantalus Systems Holding ranks worse than 82.15% on this metric.

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

Tantalus Systems Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$3.47 Mil. Tantalus Systems Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$12.80 Mil. Tantalus Systems Holding's annualized EBITDA for the quarter that ended in Jun. 2026 was C$-1.14 Mil. Tantalus Systems Holding's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -14.22.

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 Tantalus Systems Holding's Debt-to-EBITDA or its related term are showing as below:

TSX:GRID' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.28   Med: 4.34   Max: 17.73
Current: 5.77

During the past 5 years, the highest Debt-to-EBITDA Ratio of Tantalus Systems Holding was 17.73. The lowest was -4.28. And the median was 4.34.

TSX:GRID's Debt-to-EBITDA is ranked worse than
82.15% of 2331 companies
in the Industrial Products industry
Industry Median: 1.68 vs TSX:GRID: 5.77

Tantalus Systems Holding  (TSX:GRID) 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.


Tantalus Systems Holding Debt-to-EBITDA Related Terms


Tantalus Systems Holding Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding Debt-to-EBITDA Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
-2.47 -4.28 9.04 17.73 4.34

Tantalus Systems Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -21.37 2.22 2.27 6.73 -14.22

TSX:GRID vs VRT, BE: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.


Tantalus Systems Holding Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's Debt-to-EBITDA falls into.


TSX:GRID
47GF Score
Tantalus Systems Holding Inc TSX:GRID
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tantalus Systems Holding Debt-to-EBITDA Calculation

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

Tantalus Systems Holding's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.231 + 8.474) / 2.697
=4.34

Tantalus Systems Holding's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.472 + 12.799) / -1.144
=-14.22

* 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. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -14.22 mean?
Tantalus Systems Holding (TSX:GRID) has a Debt-to-EBITDA of -14.22 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tantalus Systems Holding. According to the industry distribution chart, Tantalus Systems Holding ranks #1915 out of 2331 companies in the Industrial Products industry, placing it in the top 82.2%.
Is Tantalus Systems Holding's Debt-to-EBITDA too high?
Tantalus Systems Holding's current Debt-to-EBITDA is -14.22. Based on the distribution chart, Tantalus Systems Holding ranks #1915 out of 2331 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tantalus Systems Holding has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tantalus Systems Holding's Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tantalus Systems Holding ranks #1915 out of 2331 companies for Debt-to-EBITDA. This places Tantalus Systems Holding in the lower half of its industry. The industry median Debt-to-EBITDA is 1.68. 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 1.68, based on 2,331 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 Tantalus Systems Holding. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tantalus Systems Holding's current Debt-to-EBITDA is -14.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tantalus Systems Holding stock overvalued right now?
Based on GuruFocus' analysis, Tantalus Systems Holding (TSX:GRID) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.31, compared to a current price of C$4.41 — trading 90.9% above its estimated fair value. The current Debt-to-EBITDA is -14.22. Tantalus Systems Holding's overall GF Score™ is 47/100 with 2 warning signs to review. 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 Tantalus Systems Holding (TSX:GRID), the current Debt-to-EBITDA is -14.22 as of Jun. 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.

Is Tantalus Systems Holding (TSX:GRID) Overvalued in 2026?

Based on GuruFocus' analysis, Tantalus Systems Holding stock appears to be overvalued. The current stock price of C$4.41 is trading 90.9% above its estimated GF Value™ of C$2.31. GuruFocus considers Tantalus Systems Holding to be Significantly Overvalued.

Key valuation signals for TSX:GRID:

  • Debt-to-EBITDA: -14.22
  • GF Value™: C$2.31 vs. price of C$4.41 (90.9% above fair value)
  • GF Score™: 47/100 with 2 warning signs

No single metric tells the full story. See the TSX:GRID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tantalus Systems Holding Business Description

Other Exchanges TGMPF:USA
Address 3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc is a Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Connected Devices. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.
47GF Score

Get the complete analysis for TSX:GRID

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.41
Price
C$2.31
GF Value