GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemtrade Logistics Income Fund (OTCPK:CGIFF) » Definitions » Debt-to-EBITDA

Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Debt-to-EBITDA : 2.38 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Chemtrade Logisticsome Fund Debt-to-EBITDA?

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

Chemtrade Logisticsome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37 Mil. Chemtrade Logisticsome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $607 Mil. Chemtrade Logisticsome Fund's annualized EBITDA for the quarter that ended in Dec. 2023 was $271 Mil. Chemtrade Logisticsome Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.38.

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 Chemtrade Logisticsome Fund's Debt-to-EBITDA or its related term are showing as below:

CGIFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.53   Med: 6.76   Max: 12.92
Current: 1.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chemtrade Logisticsome Fund was 12.92. The lowest was 1.53. And the median was 6.76.

CGIFF's Debt-to-EBITDA is ranked better than
61.21% of 1222 companies
in the Chemicals industry
Industry Median: 2.225 vs CGIFF: 1.53

Chemtrade Logisticsome Fund Debt-to-EBITDA Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Debt-to-EBITDA Chart

Chemtrade Logisticsome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.06 11.65 12.60 2.32 1.53

Chemtrade Logisticsome Fund Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.86 1.72 1.54 1.49 2.38

Competitive Comparison of Chemtrade Logisticsome Fund's Debt-to-EBITDA

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.


Chemtrade Logisticsome Fund's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemtrade Logisticsome Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chemtrade Logisticsome Fund's Debt-to-EBITDA falls into.



Chemtrade Logisticsome Fund Debt-to-EBITDA Calculation

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

Chemtrade Logisticsome Fund's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(36.75 + 607.219) / 421.076
=1.53

Chemtrade Logisticsome Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(36.75 + 607.219) / 270.52
=2.38

* 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. 2023) EBITDA data.


Chemtrade Logisticsome Fund  (OTCPK:CGIFF) 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.


Chemtrade Logisticsome Fund Debt-to-EBITDA Related Terms

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


Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Traded in Other Exchanges
Address
155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5
Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.