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NaturalShrimp (NaturalShrimp) Debt-to-EBITDA : -3.60 (As of Sep. 2023)


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What is NaturalShrimp Debt-to-EBITDA?

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

NaturalShrimp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.03 Mil. NaturalShrimp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $21.78 Mil. NaturalShrimp's annualized EBITDA for the quarter that ended in Sep. 2023 was $-7.17 Mil. NaturalShrimp's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -3.60.

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

SHMP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.75   Med: -0.61   Max: 6.84
Current: 2.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of NaturalShrimp was 6.84. The lowest was -4.75. And the median was -0.61.

SHMP's Debt-to-EBITDA is ranked worse than
52.1% of 1426 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs SHMP: 2.30

NaturalShrimp Debt-to-EBITDA Historical Data

The historical data trend for NaturalShrimp'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.

NaturalShrimp Debt-to-EBITDA Chart

NaturalShrimp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.61 -2.66 -0.05 -4.75

NaturalShrimp Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 -0.15 0.34 -2.16 -4.47 -3.60

Competitive Comparison of NaturalShrimp's Debt-to-EBITDA

For the Farm Products subindustry, NaturalShrimp'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.


NaturalShrimp's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NaturalShrimp's Debt-to-EBITDA distribution charts can be found below:

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



NaturalShrimp Debt-to-EBITDA Calculation

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

NaturalShrimp's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.919 + 21.439) / -5.335
=-4.75

NaturalShrimp'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
=(4.029 + 21.775) / -7.172
=-3.60

* 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.


NaturalShrimp  (OTCPK:SHMP) 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.


NaturalShrimp Debt-to-EBITDA Related Terms

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


NaturalShrimp (NaturalShrimp) Business Description

Traded in Other Exchanges
N/A
Address
5501 LBJ Freeway, Suite 450, Dallas, TX, USA, 75240
NaturalShrimp Inc is a shrimp farming biotechnology company. The firm with its subsidiaries develops proprietary technologies for the growth and sale of natural shrimp indoors without the use of antibiotics or toxic materials. Its products include Vibrio suppression technology and Automated monitoring and control system.
Executives
Gerald Easterling director, officer: President & Secretary C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Thomas Untermeyer officer: Chief Technology Officer C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Naturalshrimp Holdings Inc 10 percent owner 833 CR 583, La Coste TX 78039
Bill G. Williams director, officer: Chief Executive Officer C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
Alexander Baez officer: Chief Financial Officer C/O MULTIPLAYER ONLINE DRAGON, INC., 2068 NORTH VALLEY MILLS ROAD, WACO TX 76710
William J Delgado director, officer: President, Sec. & Treasurer 7154 SUTTER AVENUE, CARMICHAEL CA 95608
Dragon Acquisitions Llc 10 percent owner 989 TAHOE BLVD., UNIT 64L, INCLINE VILLAGE NV 89541
Walter Brenner director, officer: CEO 1030 DENMAN STREET, SUITE 125A, VANCOUVER A1 V6G 2M6
Andrew Rybacha director 12F WORLD TRADE CENTRE, #25 TONGXING ST., ZHONGSHAN DISTRICT, DALIAN F4 116001
Hui Deng officer: Secretary 12F WORLD TRADE CENTRE, #25 TONGXING ST., ZONGSHAN DISTRICT, DALIAN F4 116001
Yuan Kun Deng director, officer: President 12F, WORLD TRADE CENTER, NO. 25 TONGXING ST., DALIAN F4 116001