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CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Debt-to-EBITDA : -0.00 (As of Sep. 2023)


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What is CRAFT 1861 Global Holdings Debt-to-EBITDA?

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

CRAFT 1861 Global Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.19 Mil. CRAFT 1861 Global Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.15 Mil. CRAFT 1861 Global Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was $-529.76 Mil. CRAFT 1861 Global Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 CRAFT 1861 Global Holdings's Debt-to-EBITDA or its related term are showing as below:

BGPPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.18   Med: -0.12   Max: -0.01
Current: -0.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of CRAFT 1861 Global Holdings was -0.01. The lowest was -0.18. And the median was -0.12.

BGPPF's Debt-to-EBITDA is ranked worse than
100% of 655 companies
in the Drug Manufacturers industry
Industry Median: 1.66 vs BGPPF: -0.01

CRAFT 1861 Global Holdings Debt-to-EBITDA Historical Data

The historical data trend for CRAFT 1861 Global 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.

CRAFT 1861 Global Holdings Debt-to-EBITDA Chart

CRAFT 1861 Global Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
-0.18 -0.03 -0.10 -0.13

CRAFT 1861 Global Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.03 0.01 -0.01 -0.06 -

Competitive Comparison of CRAFT 1861 Global Holdings's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, CRAFT 1861 Global 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.


CRAFT 1861 Global Holdings's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CRAFT 1861 Global Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CRAFT 1861 Global Holdings's Debt-to-EBITDA falls into.



CRAFT 1861 Global Holdings Debt-to-EBITDA Calculation

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

CRAFT 1861 Global Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.435 + 0) / -3.286
=-0.13

CRAFT 1861 Global Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.193 + 0.149) / -529.76
=-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 (Sep. 2023) EBITDA data.


CRAFT 1861 Global Holdings  (OTCPK:BGPPF) 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.


CRAFT 1861 Global Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of CRAFT 1861 Global Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 Sun Avenue NE, Suite 650, Albuquerque, NM, USA, 87109
CRAFT 1861 Global Holdings Inc is a health and wellness company in the cannabinoid space. The company operates within the non-psychoactive, hemp-derived cannabidiol (CBD) market with consumer-packaged goods containing zero THC.

CRAFT 1861 Global Holdings (CRAFT 1861 Global Holdings) Headlines

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