Comet Industries (TSXV:CMU) Debt-to-EBITDA : -1.84 (As of Apr. 2026)

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TSXV:CMU Comet Industries Ltd TSXV:CMU
25 GF Score
Price C$5.50
! 2 Warning Signs
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What is Comet Industries Debt-to-EBITDA?

Comet Industries TSXV:CMU 25 Debt-to-EBITDA is -1.84 as of Apr. 2026. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 1,274 Real Estate companies, Comet Industries ranks worse than 78492.86% on this metric.

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

Comet Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was C$1.49 Mil. Comet Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was C$0.02 Mil. Comet Industries's annualized EBITDA for the quarter that ended in Apr. 2026 was C$-0.82 Mil. Comet Industries's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was -1.84.

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 Comet Industries's Debt-to-EBITDA or its related term are showing as below:

TSXV:CMU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.76   Med: 1.94   Max: 20.76
Current: -2.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Comet Industries was 20.76. The lowest was -23.76. And the median was 1.94.

TSXV:CMU's Debt-to-EBITDA is ranked worse than
100% of 1274 companies
in the Real Estate industry
Industry Median: 5.485 vs TSXV:CMU: -2.11

Comet Industries  (TSXV:CMU) 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.


Comet Industries Debt-to-EBITDA Related Terms


Comet Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Comet Industries'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.

Comet Industries Debt-to-EBITDA Chart

Comet Industries Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.94 -7.94 0.00 -0.09 -2.83

Comet Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.05 -0.04 -0.07 -3.33 -1.84

TSXV:CMU vs CBRE, BEKE, JLL: Debt-to-EBITDA Comparison

For the Real Estate Services subindustry, Comet Industries'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.


Comet Industries Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Comet Industries's Debt-to-EBITDA distribution charts can be found below:

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


TSXV:CMU
25GF Score
Comet Industries Ltd TSXV:CMU
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Industries Debt-to-EBITDA Calculation

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

Comet Industries's Debt-to-EBITDA for the fiscal year that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.005 + 0.021) / -0.716
=-2.83

Comet Industries's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.488 + 0.021) / -0.82
=-1.84

* 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 (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.84 mean?
Comet Industries (TSXV:CMU) has a Debt-to-EBITDA of -1.84 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Comet Industries. According to the industry distribution chart, Comet Industries ranks #999999 out of 1274 companies in the Real Estate industry.
Is Comet Industries' Debt-to-EBITDA too high?
Comet Industries' current Debt-to-EBITDA is -1.84. Based on the distribution chart, Comet Industries ranks #999999 out of 1274 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Comet Industries has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Debt-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Comet Industries ranks #999999 out of 1274 companies for Debt-to-EBITDA. This places Comet Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 5.49. 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.49, based on 1,274 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 Comet Industries. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Industries's current Debt-to-EBITDA is -1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Comet Industries (TSXV:CMU) has a current Debt-to-EBITDA of -1.84. The current Debt-to-EBITDA is -1.84. Comet Industries' overall GF Score™ is 25/100 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 Comet Industries (TSXV:CMU), the current Debt-to-EBITDA is -1.84 as of Apr. 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.

Comet Industries Business Description

Address 1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.50
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