Cathedra Bitcoin (TSXV:CBIT) Debt-to-EBITDA : 0.88 (As of Mar. 2025)

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What is Cathedra Bitcoin Debt-to-EBITDA?

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

Cathedra Bitcoin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$4.38 Mil. Cathedra Bitcoin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.68 Mil. Cathedra Bitcoin's annualized EBITDA for the quarter that ended in Mar. 2025 was C$5.76 Mil. Cathedra Bitcoin's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 0.88.

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

TSXV:CBIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.19 Med: 0.64 Max: 1.69
Current: 1.69

During the past 2 years, the highest Debt-to-EBITDA Ratio of Cathedra Bitcoin was 1.69. The lowest was 0.19. And the median was 0.64.

TSXV:CBIT's Debt-to-EBITDA is ranked better than
50.92% of 434 companies
in the Capital Markets industry
Industry Median: 1.725 vs TSXV:CBIT: 1.69

Cathedra Bitcoin Debt-to-EBITDA Historical Data

The historical data trend for Cathedra Bitcoin'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.

Cathedra Bitcoin Debt-to-EBITDA Chart

Cathedra Bitcoin Annual Data

Trend

Dec23

Dec24

Debt-to-EBITDA

0.19

1.09

Cathedra Bitcoin Quarterly Data
	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Debt-to-EBITDA	Get a 7-Day Free Trial			0.11	-	-0.82	0.46	0.88

Competitive Comparison of Cathedra Bitcoin's Debt-to-EBITDA

For the Capital Markets subindustry, Cathedra Bitcoin'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.

Cathedra Bitcoin's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cathedra Bitcoin's Debt-to-EBITDA distribution charts can be found below:

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

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Cathedra Bitcoin Debt-to-EBITDA Calculation

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

Cathedra Bitcoin's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.266	+	0.696)	/	6.368
	=	1.09

Cathedra Bitcoin's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.383	+	0.682)	/	5.756
	=	0.88

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 (Mar. 2025) EBITDA data.

Cathedra Bitcoin (TSXV:CBIT) 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.

Cathedra Bitcoin Debt-to-EBITDA Related Terms

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

Cathedra Bitcoin Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cathedra Bitcoin Inc (TSXV:CBIT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

CBTTF:USA FB0:Germany

Address

422 Richards Street, Unit 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.cathedra.com

Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota, which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications, including bitcoin mining and artificial intelligence.

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