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Mojave Brands (XCNQ:MOJO) Debt-to-EBITDA : 0.00 (As of Feb. 2024)


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What is Mojave Brands Debt-to-EBITDA?

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

Mojave Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Mojave Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Mojave Brands's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-1.38 Mil. Mojave Brands's annualized Debt-to-EBITDA for the quarter that ended in Feb. 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 Mojave Brands's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mojave Brands was 4.00. The lowest was -1.60. And the median was -0.02.

XCNQ:MOJO's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mojave Brands Debt-to-EBITDA Historical Data

The historical data trend for Mojave Brands'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.

Mojave Brands Debt-to-EBITDA Chart

Mojave Brands Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 -0.36 4.00 -

Mojave Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Mojave Brands's Debt-to-EBITDA

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


Mojave Brands's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

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

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



Mojave Brands Debt-to-EBITDA Calculation

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

Mojave Brands's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Mojave Brands'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 + 0) / -1.384
=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 (Feb. 2024) EBITDA data.


Mojave Brands  (XCNQ:MOJO) 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.


Mojave Brands Debt-to-EBITDA Related Terms

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


Mojave Brands (XCNQ:MOJO) Business Description

Traded in Other Exchanges
Address
1055 W. Georgia Street, Suite 2050, P.O. Box 11121, Royal Centre, Vancouver, BC, CAN, V6E 3P3
Mojave Brands Inc is a Canada-based cannabis company serving California's recreational markets. The company's assets are set up as a vertical stack including cultivation to scale, branding, packaging, manufacturing and processing, a distribution arm, and the edibles brand CaliGold. Operating out of licensed strategic locations, the company is leveraging its consumer and brand-focused business model to generate sustainable profits by delivering a quality product.
Executives
Peeyush Kumar Varshney Director