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Aether Global Innovations (Aether Global Innovations) Debt-to-EBITDA

: -0.03 (As of Aug. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Aether Global Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.04 Mil. Aether Global Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.00 Mil. Aether Global Innovations's annualized EBITDA for the quarter that ended in Aug. 2023 was $-1.26 Mil. Aether Global Innovations's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was -0.03.

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 Aether Global Innovations's Debt-to-EBITDA or its related term are showing as below:

AETHF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.09   Med: -0.05   Max: -0.02
Current: -0.02

During the past 12 years, the highest Debt-to-EBITDA Ratio of Aether Global Innovations was -0.02. The lowest was -0.09. And the median was -0.05.

AETHF's Debt-to-EBITDA is ranked worse than
100% of 827 companies
in the Business Services industry
Industry Median: 1.86 vs AETHF: -0.02

Aether Global Innovations Debt-to-EBITDA Historical Data

The historical data trend for Aether Global Innovations'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.

Aether Global Innovations Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 - -0.04 -0.02 -0.09

Aether Global Innovations Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 -0.12 -0.03 -0.48 -0.02 -0.03

Competitive Comparison

For the Security & Protection Services subindustry, Aether Global Innovations'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.


Aether Global Innovations Debt-to-EBITDA Distribution

For the Business Services industry and Industrials sector, Aether Global Innovations's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Aether Global Innovations's Debt-to-EBITDA falls into.



Aether Global Innovations Debt-to-EBITDA Calculation

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

Aether Global Innovations's Debt-to-EBITDA for the fiscal year that ended in Nov. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.155 + 0.007) / -1.755
=-0.09

Aether Global Innovations's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.036 + 0) / -1.264
=-0.03

* 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 (Aug. 2023) EBITDA data.


Aether Global Innovations  (OTCPK:AETHF) 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.


Aether Global Innovations Debt-to-EBITDA Related Terms

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


Aether Global Innovations (Aether Global Innovations) Business Description

Traded in Other Exchanges
Address
1199 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6E 3T5
Aether Global Innovations Corp is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include drone management and surveillance monitoring, automation and integration for flight planning, new sensor payloads, stand-alone power source and drone base station infrastructure and technology for autonomous self-landing, power charging, and take off.

Aether Global Innovations (Aether Global Innovations) Headlines