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Natural Harmony Foods (Natural Harmony Foods) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is Natural Harmony Foods Debt-to-EBITDA?

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

Natural Harmony Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Natural Harmony Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Natural Harmony Foods's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.25 Mil. Natural Harmony Foods's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.00.

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 Natural Harmony Foods's Debt-to-EBITDA or its related term are showing as below:

NHYF's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.82
* Ranked among companies with meaningful Debt-to-EBITDA only.

Natural Harmony Foods Debt-to-EBITDA Historical Data

The historical data trend for Natural Harmony Foods'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.

Natural Harmony Foods Debt-to-EBITDA Chart

Natural Harmony Foods Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A N/A N/A

Natural Harmony Foods Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial N/A N/A N/A N/A -

Competitive Comparison of Natural Harmony Foods's Debt-to-EBITDA

For the Shell Companies subindustry, Natural Harmony Foods'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.


Natural Harmony Foods's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Natural Harmony Foods's Debt-to-EBITDA distribution charts can be found below:

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



Natural Harmony Foods Debt-to-EBITDA Calculation

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

Natural Harmony Foods's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Natural Harmony Foods'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 + 0) / -0.248
=0.00

* 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.


Natural Harmony Foods  (OTCPK:NHYF) 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.


Natural Harmony Foods Debt-to-EBITDA Related Terms

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


Natural Harmony Foods (Natural Harmony Foods) Business Description

Traded in Other Exchanges
N/A
Address
30 N Gould Street, Suite 5835, Sheridan, WY, USA, 82801
Natural Harmony Foods Inc is a shell company. The company is looking for a merger or acquisition opportunity to make at some point.