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Bee Vectoring Technologies International (XCNQ:BEE) Debt-to-EBITDA : -0.10 (As of Dec. 2023)


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What is Bee Vectoring Technologies International Debt-to-EBITDA?

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

Bee Vectoring Technologies International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.07 Mil. Bee Vectoring Technologies International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.57 Mil. Bee Vectoring Technologies International's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-6.44 Mil. Bee Vectoring Technologies International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.10.

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 Bee Vectoring Technologies International's Debt-to-EBITDA or its related term are showing as below:

XCNQ:BEE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.7   Med: -0.11   Max: -0.01
Current: -0.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bee Vectoring Technologies International was -0.01. The lowest was -1.70. And the median was -0.11.

XCNQ:BEE's Debt-to-EBITDA is ranked worse than
100% of 178 companies
in the Agriculture industry
Industry Median: 1.975 vs XCNQ:BEE: -0.32

Bee Vectoring Technologies International Debt-to-EBITDA Historical Data

The historical data trend for Bee Vectoring Technologies International'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.

Bee Vectoring Technologies International Debt-to-EBITDA Chart

Bee Vectoring Technologies International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.01 -0.06 -0.21 -0.16

Bee Vectoring Technologies International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.19 -0.16 -0.55 N/A -0.10

Competitive Comparison of Bee Vectoring Technologies International's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Bee Vectoring Technologies International'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.


Bee Vectoring Technologies International's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bee Vectoring Technologies International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bee Vectoring Technologies International's Debt-to-EBITDA falls into.



Bee Vectoring Technologies International Debt-to-EBITDA Calculation

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

Bee Vectoring Technologies International's Debt-to-EBITDA for the fiscal year 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
=(0.072 + 0.586) / -4.242
=-0.16

Bee Vectoring Technologies International'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
=(0.074 + 0.567) / -6.436
=-0.10

* 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.


Bee Vectoring Technologies International  (XCNQ:BEE) 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.


Bee Vectoring Technologies International Debt-to-EBITDA Related Terms

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


Bee Vectoring Technologies International (XCNQ:BEE) Business Description

Traded in Other Exchanges
Address
4160 Sladeview Crescent, Suite 7, Mississauga, ON, CAN, L5L 0A1
Bee Vectoring Technologies International Inc through its subsidiary is focused on the control of pests and enhancement of crops and ornamentals by biological controls in a variety of application processes. Its solution includes The Hive and Bees; and Vectorpak with Vectorite.

Bee Vectoring Technologies International (XCNQ:BEE) Headlines