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Canso Select Opportunities (TSXV:CSOC.A) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is Canso Select Opportunities Debt-to-EBITDA?

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

Canso Select Opportunities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Canso Select Opportunities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Canso Select Opportunities's annualized EBITDA for the quarter that ended in Sep. 2024 was C$10.28 Mil. Canso Select Opportunities's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.00.

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 Canso Select Opportunities's Debt-to-EBITDA or its related term are showing as below:

TSXV:CSOC.A's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.41
* Ranked among companies with meaningful Debt-to-EBITDA only.

Canso Select Opportunities Debt-to-EBITDA Historical Data

The historical data trend for Canso Select Opportunities'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.

* Premium members only.

Canso Select Opportunities Debt-to-EBITDA Chart

Canso Select Opportunities Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Canso Select Opportunities Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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Competitive Comparison of Canso Select Opportunities's Debt-to-EBITDA

For the Asset Management subindustry, Canso Select Opportunities'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.


Canso Select Opportunities's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canso Select Opportunities's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Canso Select Opportunities's Debt-to-EBITDA falls into.



Canso Select Opportunities Debt-to-EBITDA Calculation

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

Canso Select Opportunities's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Canso Select Opportunities's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 10.276
=0.00

* 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. 2024) EBITDA data.


Canso Select Opportunities  (TSXV:CSOC.A) 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.


Canso Select Opportunities Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Canso Select Opportunities's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Canso Select Opportunities Business Description

Traded in Other Exchanges
Address
100 York Boulevard, Suite 550, Richmond Hill, ON, CAN, L4B 1J8
Canso Select Opportunities Corp is an Ontario-based investment corporation. Its investment objective is to provide capital gains and dividend income to its shareholders. The corporation evaluates potential investments in debt, public and private equity, and other securities. The deployment of funds to new investments depends on both the attractiveness of new investment opportunities and the availability of capital as generated from the realization of value from existing portfolio investments.

Canso Select Opportunities Headlines

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