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Cann-Is Capital (TSXV:NIS.P) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Cann-Is Capital Debt-to-EBITDA?

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

Cann-Is Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Cann-Is Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Cann-Is Capital's annualized EBITDA for the quarter that ended in Jun. 2024 was C$-0.07 Mil. Cann-Is Capital's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 Cann-Is Capital's Debt-to-EBITDA or its related term are showing as below:

TSXV:NIS.P's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.92
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cann-Is Capital Debt-to-EBITDA Historical Data

The historical data trend for Cann-Is Capital'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.

Cann-Is Capital Debt-to-EBITDA Chart

Cann-Is Capital Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Cann-Is Capital Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Cann-Is Capital's Debt-to-EBITDA

For the Shell Companies subindustry, Cann-Is Capital'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.


Cann-Is Capital's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cann-Is Capital's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cann-Is Capital's Debt-to-EBITDA falls into.



Cann-Is Capital Debt-to-EBITDA Calculation

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

Cann-Is Capital's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.056
=0.00

Cann-Is Capital's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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) / -0.072
=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 (Jun. 2024) EBITDA data.


Cann-Is Capital  (TSXV:NIS.P) 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.


Cann-Is Capital Debt-to-EBITDA Related Terms

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


Cann-Is Capital Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, M5X 1G5
Website
Cann-Is Capital Corp is a capital pool company. Its business includes the identification and evaluation of assets or businesses to complete a Qualifying Transaction (QT).

Cann-Is Capital Headlines

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