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Tony G Co-Investment Holdings (XCNQ:TONY) Debt-to-EBITDA : 4.54 (As of Oct. 2023)


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What is Tony G Co-Investment Holdings Debt-to-EBITDA?

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

Tony G Co-Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$1.29 Mil. Tony G Co-Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Tony G Co-Investment Holdings's annualized EBITDA for the quarter that ended in Oct. 2023 was C$0.28 Mil. Tony G Co-Investment Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 4.54.

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 Tony G Co-Investment Holdings's Debt-to-EBITDA or its related term are showing as below:

XCNQ:TONY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.65   Med: -0.08   Max: 0.77
Current: -3.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tony G Co-Investment Holdings was 0.77. The lowest was -3.65. And the median was -0.08.

XCNQ:TONY's Debt-to-EBITDA is ranked worse than
100% of 1596 companies
in the Software industry
Industry Median: 1.055 vs XCNQ:TONY: -3.65

Tony G Co-Investment Holdings Debt-to-EBITDA Historical Data

The historical data trend for Tony G Co-Investment Holdings'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.

Tony G Co-Investment Holdings Debt-to-EBITDA Chart

Tony G Co-Investment Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.06 -2.20 -0.10 0.77

Tony G Co-Investment Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.51 -1.38 -5.65 -2.42 4.54

Competitive Comparison of Tony G Co-Investment Holdings's Debt-to-EBITDA

For the Software - Application subindustry, Tony G Co-Investment Holdings'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.


Tony G Co-Investment Holdings's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Tony G Co-Investment Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tony G Co-Investment Holdings's Debt-to-EBITDA falls into.



Tony G Co-Investment Holdings Debt-to-EBITDA Calculation

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

Tony G Co-Investment Holdings's Debt-to-EBITDA for the fiscal year that ended in Jan. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.288 + 0) / 1.673
=0.77

Tony G Co-Investment Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.288 + 0) / 0.284
=4.54

* 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 (Oct. 2023) EBITDA data.


Tony G Co-Investment Holdings  (XCNQ:TONY) 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.


Tony G Co-Investment Holdings Debt-to-EBITDA Related Terms

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Tony G Co-Investment Holdings (XCNQ:TONY) Business Description

Traded in Other Exchanges
Address
5800 Ambler Drive, Suite 210, Mississauga, ON, CAN, L4W 4J4
Tony G Co-Investment Holdings Ltd is an investment holding company focused on investments in companies operating in the blockchain, cryptocurrency, payment processing, syndicated credit, online commerce, and online gambling industries, including companies or other entities that service such industries. The company's investments are domiciled in Bahamas (Cryptonews) and Lithuania (Sportclothes).

Tony G Co-Investment Holdings (XCNQ:TONY) Headlines

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