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Brilliant NEV (Brilliant NEV) Debt-to-EBITDA : -0.64 (As of Jan. 2024)


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What is Brilliant NEV Debt-to-EBITDA?

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

Brilliant NEV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.03 Mil. Brilliant NEV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Brilliant NEV's annualized EBITDA for the quarter that ended in Jan. 2024 was $-0.05 Mil. Brilliant NEV's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was -0.63.

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 Brilliant NEV's Debt-to-EBITDA or its related term are showing as below:

BNEV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.2   Med: -1   Max: 0.39
Current: 0.39

During the past 8 years, the highest Debt-to-EBITDA Ratio of Brilliant NEV was 0.39. The lowest was -5.20. And the median was -1.00.

BNEV's Debt-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 4.24 vs BNEV: 0.39

Brilliant NEV Debt-to-EBITDA Historical Data

The historical data trend for Brilliant NEV'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.

Brilliant NEV Debt-to-EBITDA Chart

Brilliant NEV Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial -1.00 -5.20 -0.88 -3.89 -0.08

Brilliant NEV Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -60.67 -2.42 0.01 -0.46 -0.64

Competitive Comparison of Brilliant NEV's Debt-to-EBITDA

For the Shell Companies subindustry, Brilliant NEV'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.


Brilliant NEV's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Brilliant NEV's Debt-to-EBITDA distribution charts can be found below:

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



Brilliant NEV Debt-to-EBITDA Calculation

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

Brilliant NEV's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.004 + 0) / -0.052
=-0.08

Brilliant NEV's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.033 + 0) / -0.052
=-0.63

* 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 (Jan. 2024) EBITDA data.


Brilliant NEV  (OTCPK:BNEV) 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.


Brilliant NEV Debt-to-EBITDA Related Terms

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


Brilliant NEV (Brilliant NEV) Business Description

Traded in Other Exchanges
N/A
Address
Xintiandi Business Center, Room 805, West Building 4, Gongshu District, Hangzhou, Zhejiang Province, CHN, 100023
Brilliant NEV Corp is engaged in providing business consulting services to small and medium-sized businesses. These services can be segregated into the following four segments Information technology consulting and training services, Information technology operation and maintenance and supporting services, Design, development, and testing services, Data processing and integration implementation services.

Brilliant NEV (Brilliant NEV) Headlines

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