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Eden Empire (Eden Empire) Debt-to-EBITDA : -0.86 (As of Apr. 2022)


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What is Eden Empire Debt-to-EBITDA?

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

Eden Empire's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0.96 Mil. Eden Empire's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $0.66 Mil. Eden Empire's annualized EBITDA for the quarter that ended in Apr. 2022 was $-1.88 Mil. Eden Empire's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2022 was -0.86.

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

EDNEF's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

Eden Empire Debt-to-EBITDA Historical Data

The historical data trend for Eden Empire'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.

Eden Empire Debt-to-EBITDA Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
Debt-to-EBITDA
-3.59 -0.45 -0.28

Eden Empire Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.05 -0.14 -0.34 -0.46 -0.86

Competitive Comparison of Eden Empire's Debt-to-EBITDA

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


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

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

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



Eden Empire Debt-to-EBITDA Calculation

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

Eden Empire's Debt-to-EBITDA for the fiscal year that ended in Jul. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.557 + 0.12) / -2.43
=-0.28

Eden Empire's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.959 + 0.66) / -1.88
=-0.86

* 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 (Apr. 2022) EBITDA data.


Eden Empire  (OTCPK:EDNEF) 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.


Eden Empire Debt-to-EBITDA Related Terms

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


Eden Empire (Eden Empire) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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