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CuraScientific (CuraScientific) Debt-to-EBITDA : -0.03 (As of Sep. 2023)


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What is CuraScientific Debt-to-EBITDA?

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

CuraScientific's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.64 Mil. CuraScientific's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.09 Mil. CuraScientific's annualized EBITDA for the quarter that ended in Sep. 2023 was $-22.21 Mil. CuraScientific's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.03.

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

CSTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.65   Med: -0.23   Max: 0.02
Current: 0.02

During the past 3 years, the highest Debt-to-EBITDA Ratio of CuraScientific was 0.02. The lowest was -0.65. And the median was -0.23.

CSTF's Debt-to-EBITDA is ranked better than
96.8% of 657 companies
in the Drug Manufacturers industry
Industry Median: 1.69 vs CSTF: 0.02

CuraScientific Debt-to-EBITDA Historical Data

The historical data trend for CuraScientific'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.

CuraScientific Debt-to-EBITDA Chart

CuraScientific Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
-0.10 -0.23 -0.65

CuraScientific Quarterly Data
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 1.11 -0.40 -0.33 - -0.03

Competitive Comparison of CuraScientific's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, CuraScientific'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.


CuraScientific's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, CuraScientific's Debt-to-EBITDA distribution charts can be found below:

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



CuraScientific Debt-to-EBITDA Calculation

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

CuraScientific'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
=(2.637 + 0) / -4.033
=-0.65

CuraScientific'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
=(0.641 + 0.093) / -22.208
=-0.03

* 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.


CuraScientific  (OTCPK:CSTF) 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.


CuraScientific Debt-to-EBITDA Related Terms

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


CuraScientific (CuraScientific) Business Description

Traded in Other Exchanges
N/A
Address
51544 Cesar Chavez Street, Suite No. 1J, Coachella, CA, USA, 92236
CuraScientific Corp manufactures commercial chemicals with a variety of commercial sterilization applications for agriculture, warehousing, hospitality, and medical facilities. The company's product, DiOx+, is a disinfectant sterilizer that kills harmful pathogens without exposing people or the environment to dangerous toxins.
Executives
Paul Quentin Goyette director 2205 LOCH WAY, EL DORADO HILLS CA 95762
William Joseph Reed director, officer: Chief Executive Officer 333 N UNIVERSITY AVE., #33, REDLANDS CA 92374
Johann Loewen director C/O METHES ENERGIES INTERNATIONAL LTD, 3651 LINDELL ROAD, SUITE D-272, LAS VEGAS NV 89103
Edouard Maurice Beaudette director 13480 N BLOOMFIELD ROAD, NEVADA CITY CA 95959
Justin Michael Gonzalez director, officer: Chief Executive Officer 15723 LAKE VERA PURDON RD., NEVADA CITY CA 95959
Eric Jason Watson director, officer: Chief Operating Officer 19553 BOWERS DRIVE, TOPANGA CA 90290

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