VSOLF (Three Sixty Solar) Debt-to-EBITDA : -0.36 (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Three Sixty Solar Debt-to-EBITDA?

Three Sixty Solar VSOLF -99.99% Debt-to-EBITDA is -0.36 as of Jun. 2024.

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

Three Sixty Solar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.15 Mil. Three Sixty Solar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.13 Mil. Three Sixty Solar's annualized EBITDA for the quarter that ended in Jun. 2024 was $-0.76 Mil. Three Sixty Solar's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.36.

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 Three Sixty Solar's Debt-to-EBITDA or its related term are showing as below:

VSOLF's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.445
* Ranked among companies with meaningful Debt-to-EBITDA only.

Three Sixty Solar  (OTCPK:VSOLF) 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.


Three Sixty Solar Debt-to-EBITDA Related Terms


Three Sixty Solar Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Debt-to-EBITDA Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.11 -0.04 -0.06 -0.04

Three Sixty Solar Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.05 -0.05 -0.29 -0.19 -0.36

VSOLF vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison

For the Solar subindustry, Three Sixty Solar'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.


Three Sixty Solar Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Three Sixty Solar's Debt-to-EBITDA distribution charts can be found below:

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



Three Sixty Solar Debt-to-EBITDA Calculation

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

Three Sixty Solar'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
=(0.089 + 0.199) / -6.716
=-0.04

Three Sixty Solar'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
=(0.15 + 0.126) / -0.764
=-0.36

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.36 mean?
Three Sixty Solar (VSOLF) has a Debt-to-EBITDA of -0.36 as of Jun. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Three Sixty Solar.
Is Three Sixty Solar's Debt-to-EBITDA too high?
Three Sixty Solar's current Debt-to-EBITDA is -0.36.
How does Three Sixty Solar's Debt-to-EBITDA compare to FSLR and NXT?
Three Sixty Solar's Debt-to-EBITDA of -0.36 can be compared against companies in the Semiconductors industry. The industry median Debt-to-EBITDA is 1.45. 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 722 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 Three Sixty Solar. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Three Sixty Solar's current Debt-to-EBITDA is -0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three Sixty Solar stock overvalued right now?
Three Sixty Solar (VSOLF) has a current Debt-to-EBITDA of -0.36. The current Debt-to-EBITDA is -0.36. 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 Three Sixty Solar (VSOLF), the current Debt-to-EBITDA is -0.36 as of Jun. 2024. 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.

Three Sixty Solar Business Description

Address 408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.