Impact Development Group (TSXV:IMPT) Debt-to-EBITDA : -18.23 (As of Jun. 2023)

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What is Impact Development Group Debt-to-EBITDA?

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

Impact Development Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$12.63 Mil. Impact Development Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$48.97 Mil. Impact Development Group's annualized EBITDA for the quarter that ended in Jun. 2023 was C$-3.38 Mil. Impact Development Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -18.23.

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 Impact Development Group's Debt-to-EBITDA or its related term are showing as below:

TSXV:IMPT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.26 Med: -6.72 Max: 12.43
Current: -4.76

During the past 4 years, the highest Debt-to-EBITDA Ratio of Impact Development Group was 12.43. The lowest was -13.26. And the median was -6.72.

TSXV:IMPT's Debt-to-EBITDA is ranked worse than
100% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs TSXV:IMPT: -4.76

Impact Development Group Debt-to-EBITDA Historical Data

The historical data trend for Impact Development Group'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.

Impact Development Group Debt-to-EBITDA Chart

Impact Development Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

12.43

-13.26

-8.66

-4.79

Impact Development Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	N/A	-	-2.51	-18.23

Competitive Comparison of Impact Development Group's Debt-to-EBITDA

For the Real Estate - Development subindustry, Impact Development Group'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.

Impact Development Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Impact Development Group's Debt-to-EBITDA falls into.

Impact Development Group Debt-to-EBITDA Calculation

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

Impact Development Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(9.094	+	47.383)	/	-11.78
	=	-4.79

Impact Development Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(12.632	+	48.971)	/	-3.38
	=	-18.23

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 two times the quarterly (Jun. 2023) EBITDA data.

Impact Development Group (TSXV:IMPT) 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.

Impact Development Group Debt-to-EBITDA Related Terms

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

Impact Development Group (TSXV:IMPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Impact Development Group Inc (TSXV:IMPT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Edifice Península piso 4, oficina 4-10, Costa del Este, Panama City, PAN

Website

https://www.ihcpanama.com

Impact Development Group Inc Formerly Impact Housing Corp is a Panamanian-based real estate developer. It provides affordable housing supported by a longstanding subsidized government program with multiple product offerings. The principal business of IHC is to build and develop affordable and high-quality subsidized houses in the Republic of Panama to support the middle-class market.

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