VIVXF (Avivagen) Debt-to-EBITDA : -4.30 (As of Jul. 2023)

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What is Avivagen Debt-to-EBITDA?

Avivagen VIVXF -99.00% Debt-to-EBITDA is -4.30 as of Jul. 2023.

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

Avivagen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $4.65 Mil. Avivagen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $0.83 Mil. Avivagen's annualized EBITDA for the quarter that ended in Jul. 2023 was $-1.28 Mil. Avivagen's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 was -4.29.

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

VIVXF's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.65
* Ranked among companies with meaningful Debt-to-EBITDA only.

Avivagen  (OTCPK:VIVXF) 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.


Avivagen Debt-to-EBITDA Related Terms


Avivagen Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Avivagen'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.

Avivagen Debt-to-EBITDA Chart

Avivagen Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -1.18 -1.80 -1.45 -1.45

Avivagen Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -1.00 -1.79 -2.35 -2.21 -4.30

VIVXF vs DMKPQ, MJNE, ACORQ: Debt-to-EBITDA Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Avivagen'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.


Avivagen Debt-to-EBITDA vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Avivagen's Debt-to-EBITDA distribution charts can be found below:

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



Avivagen Debt-to-EBITDA Calculation

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

Avivagen's Debt-to-EBITDA for the fiscal year that ended in Oct. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.61 + 3.836) / -3.075
=-1.45

Avivagen's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.646 + 0.834) / -1.276
=-4.29

* 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 (Jul. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -4.30 mean?
Avivagen (VIVXF) has a Debt-to-EBITDA of -4.30 as of Jul. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Avivagen.
Is Avivagen's Debt-to-EBITDA too high?
Avivagen's current Debt-to-EBITDA is -4.30.
How does Avivagen's Debt-to-EBITDA compare to DMKPQ and MJNE?
Avivagen's Debt-to-EBITDA of -4.30 can be compared against companies in the Drug Manufacturers industry. The industry median Debt-to-EBITDA is 1.65. 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 Drug Manufacturers company?
The median Debt-to-EBITDA among Drug Manufacturers companies is 1.65, based on 690 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 Avivagen. For the Drug Manufacturers industry, the median Debt-to-EBITDA is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avivagen's current Debt-to-EBITDA is -4.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avivagen stock overvalued right now?
Avivagen (VIVXF) has a current Debt-to-EBITDA of -4.30. The current Debt-to-EBITDA is -4.30. 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 Avivagen (VIVXF), the current Debt-to-EBITDA is -4.30 as of Jul. 2023. 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.

Avivagen Business Description

Address 100 Sussex Drive, Ottawa, ON, CAN, K1A 0R6
Avivagen Inc OxC-beta technology is derived from Avivagen discoveries about Beta-carotene and other carotenoids, compounds that give certain fruits and vegetables their bright colours. Through support of immune function the technology provides a non-antibiotic means of promoting health and growth. OxCbeta Livestock is a proprietary product shown to be an effective and economic alternative to the antibiotics commonly added to livestock feeds. Avivagen's OxC-beta Livestock product is safe, effective and could fulfill the global mandate to remove all in-feed antibiotics as growth promoters.