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Cannibble Food Tech (XCNQ:PLCN) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Cannibble Food Tech Debt-to-EBITDA?

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

Cannibble Food Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Cannibble Food Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Cannibble Food Tech's annualized EBITDA for the quarter that ended in Jun. 2024 was C$-0.06 Mil. Cannibble Food Tech's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 Cannibble Food Tech's Debt-to-EBITDA or its related term are showing as below:

XCNQ:PLCN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.77   Med: -0.23   Max: -0.23
Current: -1.77

During the past 4 years, the highest Debt-to-EBITDA Ratio of Cannibble Food Tech was -0.23. The lowest was -1.77. And the median was -0.23.

XCNQ:PLCN's Debt-to-EBITDA is ranked worse than
100% of 654 companies
in the Drug Manufacturers industry
Industry Median: 1.81 vs XCNQ:PLCN: -1.77

Cannibble Food Tech Debt-to-EBITDA Historical Data

The historical data trend for Cannibble Food Tech'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.

Cannibble Food Tech Debt-to-EBITDA Chart

Cannibble Food Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.23 - - -

Cannibble Food Tech Quarterly Data
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 -0.10 -0.22 - - -

Competitive Comparison of Cannibble Food Tech's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Cannibble Food Tech'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.


Cannibble Food Tech's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

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

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



Cannibble Food Tech Debt-to-EBITDA Calculation

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

Cannibble Food Tech's Debt-to-EBITDA for the fiscal year 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) / -1.415
=0.00

Cannibble Food Tech'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 + 0) / -0.056
=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 (Jun. 2024) EBITDA data.


Cannibble Food Tech  (XCNQ:PLCN) 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.


Cannibble Food Tech Debt-to-EBITDA Related Terms

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


Cannibble Food Tech Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
40, Carmel Street, P.O.Box 4250, Rosh Haayin, ISR, 4856602
Cannibble Food Tech Ltd develops and manufactures powder food mix products that are enhanced variously with hemp seeds, hemp protein, CBD, and THC. The company has developed proprietary formulas for powder-based edibles that are subsequently enhanced with active cannabinoids, which it markets under the brand name "The Pelicann".

Cannibble Food Tech Headlines

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