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Agritek Holdings (Agritek Holdings) Debt-to-EBITDA : 0.31 (As of Dec. 2019)


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What is Agritek Holdings Debt-to-EBITDA?

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

Agritek Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $1.95 Mil. Agritek Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $0.08 Mil. Agritek Holdings's annualized EBITDA for the quarter that ended in Dec. 2019 was $6.62 Mil. Agritek Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 was 0.31.

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 Agritek Holdings's Debt-to-EBITDA or its related term are showing as below:

AGTK's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.55
* Ranked among companies with meaningful Debt-to-EBITDA only.

Agritek Holdings Debt-to-EBITDA Historical Data

The historical data trend for Agritek 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.

Agritek Holdings Debt-to-EBITDA Chart

Agritek Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.20 -0.07 0.55 -0.39

Agritek Holdings Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -0.76 -0.28 -0.17 -0.10 0.31

Competitive Comparison of Agritek Holdings's Debt-to-EBITDA

For the Real Estate Services subindustry, Agritek 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.


Agritek Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Agritek Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Agritek Holdings Debt-to-EBITDA Calculation

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

Agritek Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.945 + 0.077) / -5.175
=-0.39

Agritek Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.945 + 0.077) / 6.624
=0.31

* 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 (Dec. 2019) EBITDA data.


Agritek Holdings  (OTCPK:AGTK) 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.


Agritek Holdings Debt-to-EBITDA Related Terms

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


Agritek Holdings (Agritek Holdings) Business Description

Traded in Other Exchanges
N/A
Address
777 Brickell Avenue, Suite 500, Miami, FL, USA, 33131
Agritek Holdings Inc is a U.S based fully integrated, active investor and operator in the legal cannabis sector. The company acquires and leases real estate, then leases or sub-leases the real estate to licensed marijuana operators. It is focused on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in three states: Colorado, Washington State, and California as well as Canada and Puerto Rico. The firm invests its capital through real estate holdings, licensing agreements, royalties, and equity in acquisition operations.
Executives
Barry Michael Friedman director, 10 percent owner, officer: CEO, Secretary 319 CLEMATIS STREET, SUITE 1008, WEST PALM BEACH FL 33401
Barry S Hollander director, officer: CFO 319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Vasan Thatham other: Former Officer C/O FRONTLINE COMMUNICATIONS CORP, 1 BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Cole Hatchard Stephen J director, officer: CEO C/O FRONTLINE COMMUNICATIONS CORP, ONE BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Miguel Madero director

Agritek Holdings (Agritek Holdings) Headlines

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