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Argo Living Soils (Argo Living Soils) Debt-to-EBITDA : 0.00 (As of Nov. 2023)


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What is Argo Living Soils Debt-to-EBITDA?

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

Argo Living Soils's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Argo Living Soils's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Argo Living Soils's annualized EBITDA for the quarter that ended in Nov. 2023 was $-1.20 Mil. Argo Living Soils's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 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 Argo Living Soils's Debt-to-EBITDA or its related term are showing as below:

ARLSF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.18   Med: -0.04   Max: -0.01
Current: -0.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of Argo Living Soils was -0.01. The lowest was -0.18. And the median was -0.04.

ARLSF's Debt-to-EBITDA is ranked worse than
100% of 178 companies
in the Agriculture industry
Industry Median: 1.955 vs ARLSF: -0.01

Argo Living Soils Debt-to-EBITDA Historical Data

The historical data trend for Argo Living Soils'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.

Argo Living Soils Debt-to-EBITDA Chart

Argo Living Soils Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
-0.18 -0.04 -0.04 -

Argo Living Soils Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.05 -0.06 -0.02 - -

Competitive Comparison of Argo Living Soils's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Argo Living Soils'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.


Argo Living Soils's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Argo Living Soils's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Argo Living Soils's Debt-to-EBITDA falls into.



Argo Living Soils Debt-to-EBITDA Calculation

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

Argo Living Soils's Debt-to-EBITDA for the fiscal year that ended in Nov. 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) / -0.383
=0.00

Argo Living Soils's annualized Debt-to-EBITDA for the quarter that ended in Nov. 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) / -1.196
=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 (Nov. 2023) EBITDA data.


Argo Living Soils  (OTCPK:ARLSF) 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.


Argo Living Soils Debt-to-EBITDA Related Terms

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


Argo Living Soils (Argo Living Soils) Business Description

Traded in Other Exchanges
Address
1130 Pender Street West, Suite 820, Vancouver, BC, CAN, V6E 4A4
Argo Living Soils Corp is an agribusiness company specializing in producing and developing organic products including soil amendments, living soils, bio-fertilizers, vermicompost, and compost tea kits formulated specifically for high-value crops.

Argo Living Soils (Argo Living Soils) Headlines

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