GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SureNano Sciences Ltd (XCNQ:SURE) » Definitions » Debt-to-EBITDA

SureNano Sciences (XCNQ:SURE) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is SureNano Sciences Debt-to-EBITDA?

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

SureNano Sciences's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. SureNano Sciences's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. SureNano Sciences's annualized EBITDA for the quarter that ended in Jun. 2024 was C$-0.33 Mil. SureNano Sciences'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 SureNano Sciences's Debt-to-EBITDA or its related term are showing as below:

XCNQ:SURE's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 2.41
* Ranked among companies with meaningful Debt-to-EBITDA only.

SureNano Sciences Debt-to-EBITDA Historical Data

The historical data trend for SureNano Sciences'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.

SureNano Sciences Debt-to-EBITDA Chart

SureNano Sciences Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
N/A - - -

SureNano Sciences Quarterly Data
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 - - - - -

Competitive Comparison of SureNano Sciences's Debt-to-EBITDA

For the Specialty Chemicals subindustry, SureNano Sciences'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.


SureNano Sciences's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SureNano Sciences's Debt-to-EBITDA distribution charts can be found below:

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



SureNano Sciences Debt-to-EBITDA Calculation

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

SureNano Sciences's Debt-to-EBITDA for the fiscal year that ended in Mar. 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) / -0.277
=0.00

SureNano Sciences'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) / -0.328
=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.


SureNano Sciences  (XCNQ:SURE) 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.


SureNano Sciences Debt-to-EBITDA Related Terms

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


SureNano Sciences Business Description

Traded in Other Exchanges
N/A
Address
1650 West 2nd Avenue, Suite 350, Vancouver, BC, CAN, V6J 1H4
SureNano Sciences Ltd y is a nanotechnology supply company with the license to sell and otherwise commercialize the SureNanoTM surfactant (the SureNano Surfactant) in Canada and Colorado. The SureNano Surfactant is a ready-to-mix food-grade compound that provides the base for high-performance nanoemulsions to create homogeneous and stable products while maximizing bioavailability, clarity, and taste.
Executives
Charles Henry Malette Director

SureNano Sciences Headlines

No Headlines