Karbon-X (Karbon-X) Debt-to-EBITDA : -0.15 (As of Feb. 2024)

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What is Karbon-X Debt-to-EBITDA?

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

Karbon-X's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.18 Mil. Karbon-X's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.04 Mil. Karbon-X's annualized EBITDA for the quarter that ended in Feb. 2024 was $-1.46 Mil. Karbon-X's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was -0.15.

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

KARX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.09 Med: -0.09 Max: -0.09
Current: -0.09

During the past 2 years, the highest Debt-to-EBITDA Ratio of Karbon-X was -0.09. The lowest was -0.09. And the median was -0.09.

KARX's Debt-to-EBITDA is not ranked
in the Media - Diversified industry.
Industry Median: 1.69 vs KARX: -0.09

Karbon-X Debt-to-EBITDA Historical Data

The historical data trend for Karbon-X'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.

Karbon-X Debt-to-EBITDA Chart

Karbon-X Annual Data

Trend

May22

May23

Debt-to-EBITDA

-0.09

Karbon-X Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-EBITDA	Get a 7-Day Free Trial				-0.07	-0.03	-0.06	-0.06	-0.15

Competitive Comparison of Karbon-X's Debt-to-EBITDA

For the Advertising Agencies subindustry, Karbon-X'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.

Karbon-X's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Karbon-X's Debt-to-EBITDA distribution charts can be found below:

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

Karbon-X Debt-to-EBITDA Calculation

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

Karbon-X'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
	=	(0.115	+	0.055)	/	-1.977
	=	-0.09

Karbon-X'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
	=	(0.175	+	0.038)	/	-1.46
	=	-0.15

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.

Karbon-X (OTCPK:KARX) 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.

Karbon-X Debt-to-EBITDA Related Terms

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

Karbon-X (Karbon-X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Karbon-X Corp (OTCPK:KARX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

910 7TH AVE SW, SUITE 1000, Calgary, AB, CAN, T2P 3N8

Website

https://www.karbon-x.com

Karbon-X Corp is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth. The Company sells carbon offsets to mining, forestry, civic earthworks, transportation and oil and gas servicing companies based on their total fossil fuel consumption for individual projects.