Current Water Technologies (TSXV:WATR) Debt-to-EBITDA

: 0.08 (As of Sep. 2023)

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

Current Water Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.13 Mil. Current Water Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil. Current Water Technologies's annualized EBITDA for the quarter that ended in Sep. 2023 was C$1.68 Mil. Current Water Technologies's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.08.

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 Current Water Technologies's Debt-to-EBITDA or its related term are showing as below:

TSXV:WATR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.84 Med: -0.25 Max: 2.38
Current: 0.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Current Water Technologies was 2.38. The lowest was -3.84. And the median was -0.25.

TSXV:WATR's Debt-to-EBITDA is ranked better than
71.56% of 2303 companies
in the Industrial Products industry
Industry Median: 1.71 vs TSXV:WATR: 0.60

Current Water Technologies Debt-to-EBITDA Historical Data

The historical data trend for Current Water Technologies'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.

Current Water Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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-0.02

2.38

-3.84

-0.27

Current Water Technologies 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															-0.67	-0.08	0.13	0.23	0.08

Competitive Comparison

For the Pollution & Treatment Controls subindustry, Current Water Technologies'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.

Current Water Technologies Debt-to-EBITDA Distribution

For the Industrial Products industry and Industrials sector, Current Water Technologies's Debt-to-EBITDA distribution charts can be found below:

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

Current Water Technologies Debt-to-EBITDA Calculation

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

Current Water Technologies's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.113	+	0.12)	/	-0.877
	=	-0.27

Current Water Technologies'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
	=	(0.128	+	0)	/	1.68
	=	0.08

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.

Current Water Technologies (TSXV:WATR) 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.

Current Water Technologies Debt-to-EBITDA Related Terms

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

Current Water Technologies (TSXV:WATR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Current Water Technologies Inc (TSXV:WATR) » Definitions » Debt-to-EBITDA

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ENPRF:USA

Address

70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5

Website

https://www.currentwatertechnologies.com

Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.

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