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Better For You Wellness (Better For You Wellness) Debt-to-EBITDA : -0.81 (As of Nov. 2023)


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What is Better For You Wellness Debt-to-EBITDA?

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

Better For You Wellness's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $1.09 Mil. Better For You Wellness's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.10 Mil. Better For You Wellness's annualized EBITDA for the quarter that ended in Nov. 2023 was $-1.46 Mil. Better For You Wellness's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was -0.81.

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 Better For You Wellness's Debt-to-EBITDA or its related term are showing as below:

BFYW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.9   Med: -0.4   Max: -0.1
Current: -0.46

During the past 12 years, the highest Debt-to-EBITDA Ratio of Better For You Wellness was -0.10. The lowest was -0.90. And the median was -0.40.

BFYW's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 5.42 vs BFYW: -0.46

Better For You Wellness Debt-to-EBITDA Historical Data

The historical data trend for Better For You Wellness'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.

Better For You Wellness Debt-to-EBITDA Chart

Better For You Wellness Annual Data
Trend Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.54 -0.11 -0.10 - -0.27

Better For You Wellness Quarterly Data
Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - -0.22 -0.45 -0.60 -0.81

Competitive Comparison of Better For You Wellness's Debt-to-EBITDA

For the Shell Companies subindustry, Better For You Wellness'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.


Better For You Wellness's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Better For You Wellness's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Better For You Wellness's Debt-to-EBITDA falls into.



Better For You Wellness Debt-to-EBITDA Calculation

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

Better For You Wellness's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.888 + 0.002) / -3.342
=-0.27

Better For You Wellness's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.085 + 0.104) / -1.464
=-0.81

* 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 (Nov. 2023) EBITDA data.


Better For You Wellness  (OTCPK:BFYW) 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.


Better For You Wellness Debt-to-EBITDA Related Terms

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


Better For You Wellness (Better For You Wellness) Business Description

Traded in Other Exchanges
N/A
Address
1349 East Broad Street, Suite 123, Columbus, OH, USA, 43205
Better For You Wellness Inc is a developmental stage company. It seeks to acquire plant-based, better-for- you wellness brands, science, and services for Consumers and Retail.

Better For You Wellness (Better For You Wellness) Headlines

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