Hybrid Power Solutions (XCNQ:HPSS) Debt-to-EBITDA : -0.17 (As of Feb. 2024)

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What is Hybrid Power Solutions Debt-to-EBITDA?

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

Hybrid Power Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.85 Mil. Hybrid Power Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.49 Mil. Hybrid Power Solutions's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-8.14 Mil. Hybrid Power Solutions's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was -0.17.

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 Hybrid Power Solutions's Debt-to-EBITDA or its related term are showing as below:

XCNQ:HPSS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.82 Med: -1.24 Max: -0.22
Current: -0.22

During the past 3 years, the highest Debt-to-EBITDA Ratio of Hybrid Power Solutions was -0.22. The lowest was -1.82. And the median was -1.24.

XCNQ:HPSS's Debt-to-EBITDA is ranked worse than
100% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs XCNQ:HPSS: -0.22

Hybrid Power Solutions Debt-to-EBITDA Historical Data

The historical data trend for Hybrid Power Solutions'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.

Hybrid Power Solutions Debt-to-EBITDA Chart

Hybrid Power Solutions Annual Data

Trend

May21

May22

May23

Debt-to-EBITDA

-1.82

-1.24

-1.14

Hybrid Power Solutions Quarterly Data
	May21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-EBITDA	Get a 7-Day Free Trial					-1.98	-0.58	-0.96	-0.22	-0.17

Competitive Comparison of Hybrid Power Solutions's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Hybrid Power Solutions'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.

Hybrid Power Solutions's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hybrid Power Solutions's Debt-to-EBITDA distribution charts can be found below:

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

Hybrid Power Solutions Debt-to-EBITDA Calculation

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

Hybrid Power Solutions's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.48	+	0.357)	/	-2.488
	=	-1.14

Hybrid Power Solutions's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.854	+	0.493)	/	-8.136
	=	-0.17

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 (Feb. 2024) EBITDA data.

Hybrid Power Solutions (XCNQ:HPSS) 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.

Hybrid Power Solutions Debt-to-EBITDA Related Terms

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

Hybrid Power Solutions (XCNQ:HPSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hybrid Power Solutions Inc (XCNQ:HPSS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

E092:Germany

Address

333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1

Website

https://www.hybridps.ca

Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

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