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Aduro Clean Technologies (FRA:9D50) Debt-to-EBITDA : -0.02 (As of Feb. 2024)


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What is Aduro Clean Technologies Debt-to-EBITDA?

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

Aduro Clean Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €0.03 Mil. Aduro Clean Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was €0.08 Mil. Aduro Clean Technologies's annualized EBITDA for the quarter that ended in Feb. 2024 was €-5.25 Mil. Aduro Clean Technologies's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was -0.02.

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

FRA:9D50' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.43   Med: -0.13   Max: -0.02
Current: -0.02

During the past 6 years, the highest Debt-to-EBITDA Ratio of Aduro Clean Technologies was -0.02. The lowest was -4.43. And the median was -0.13.

FRA:9D50's Debt-to-EBITDA is ranked worse than
100% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs FRA:9D50: -0.02

Aduro Clean Technologies Debt-to-EBITDA Historical Data

The historical data trend for Aduro Clean 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.

Aduro Clean Technologies Debt-to-EBITDA Chart

Aduro Clean Technologies Annual Data
Trend May18 May19 May20 May21 May22 May23
Debt-to-EBITDA
Get a 7-Day Free Trial - -4.43 -0.22 -0.05 -0.03

Aduro Clean Technologies Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.03 -0.03 -0.02 -0.02 -0.02

Competitive Comparison of Aduro Clean Technologies's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Aduro Clean 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.


Aduro Clean Technologies's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Aduro Clean Technologies Debt-to-EBITDA Calculation

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

Aduro Clean Technologies's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.042 + 0.065) / -3.875
=-0.03

Aduro Clean Technologies's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.03 + 0.075) / -5.248
=-0.02

* 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 (Feb. 2024) EBITDA data.


Aduro Clean Technologies  (FRA:9D50) 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.


Aduro Clean Technologies Debt-to-EBITDA Related Terms

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


Aduro Clean Technologies (FRA:9D50) Business Description

Traded in Other Exchanges
Address
1086 Modeland Road, Suite 104, Sarnia, ON, CAN, N7S 6L2
Aduro Clean Technologies Inc is a developer of patented water-based technologies to chemically recycle plastics and transform heavy crude and renewable oils into feedstocks and higher-value fuels. The company's technology activates unique properties of water in a chemistry platform that operates at relatively low temperatures and costs.

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