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Coloured Ties Capital (TSXV:TIE) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Coloured Ties Capital Debt-to-EBITDA?

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

Coloured Ties Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Coloured Ties Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Coloured Ties Capital's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-16.04 Mil. Coloured Ties Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Coloured Ties Capital's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Coloured Ties Capital was 0.41. The lowest was -0.21. And the median was 0.10.

TSXV:TIE's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.22
* Ranked among companies with meaningful Debt-to-EBITDA only.

Coloured Ties Capital Debt-to-EBITDA Historical Data

The historical data trend for Coloured Ties 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.

Coloured Ties Capital Debt-to-EBITDA Chart

Coloured Ties Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep21 Sep22 Sep23
Debt-to-EBITDA
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Coloured Ties Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Coloured Ties Capital's Debt-to-EBITDA

For the Asset Management subindustry, Coloured Ties 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.


Coloured Ties Capital's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coloured Ties Capital's Debt-to-EBITDA distribution charts can be found below:

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



Coloured Ties Capital Debt-to-EBITDA Calculation

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

Coloured Ties Capital's Debt-to-EBITDA for the fiscal year that ended in Sep. 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) / -3.916
=0.00

Coloured Ties Capital's annualized Debt-to-EBITDA for the quarter 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) / -16.036
=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 (Dec. 2023) EBITDA data.


Coloured Ties Capital  (TSXV:TIE) 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.


Coloured Ties Capital Debt-to-EBITDA Related Terms

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


Coloured Ties Capital (TSXV:TIE) Business Description

Traded in Other Exchanges
Address
10589 Ladner Trunk Road, Delta, BC, CAN, V4G 1K2
Coloured Ties Capital Inc, is an investment company, focusing on opportunities that disrupt their business sectors. The company is having extensive expertise in portfolio allocation, investment selection, and due diligence. The Company has one operating segment, being the acquisition and sale of investments in other companies.

Coloured Ties Capital (TSXV:TIE) Headlines

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