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YourWay Cannabis Brands (YourWay Cannabis Brands) Debt-to-EBITDA : 0.78 (As of Sep. 2021)


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What is YourWay Cannabis Brands Debt-to-EBITDA?

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

YourWay Cannabis Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.54 Mil. YourWay Cannabis Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $4.30 Mil. YourWay Cannabis Brands's annualized EBITDA for the quarter that ended in Sep. 2021 was $6.20 Mil. YourWay Cannabis Brands's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was 0.78.

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 YourWay Cannabis Brands's Debt-to-EBITDA or its related term are showing as below:

YOURF's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.67
* Ranked among companies with meaningful Debt-to-EBITDA only.

YourWay Cannabis Brands Debt-to-EBITDA Historical Data

The historical data trend for YourWay Cannabis 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.

YourWay Cannabis Brands Debt-to-EBITDA Chart

YourWay Cannabis Brands Annual Data
Trend Dec19 Dec20
Debt-to-EBITDA
-4.60 -4.26

YourWay Cannabis Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 31.19 3.31 0.35 0.30 0.78

Competitive Comparison of YourWay Cannabis Brands's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, YourWay Cannabis 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.


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

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

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



YourWay Cannabis Brands Debt-to-EBITDA Calculation

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

YourWay Cannabis Brands's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.179 + 3.162) / -1.019
=-4.26

YourWay Cannabis Brands's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.544 + 4.297) / 6.204
=0.78

* 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 (Sep. 2021) EBITDA data.


YourWay Cannabis Brands  (OTCPK:YOURF) 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.


YourWay Cannabis Brands Debt-to-EBITDA Related Terms

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


YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Traded in Other Exchanges
N/A
Address
885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8
YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.

YourWay Cannabis Brands (YourWay Cannabis Brands) Headlines