Grab2Go AS (OTSE:GRB2G) Debt-to-EBITDA : 0.00 (As of Jun. 2023)

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What is Grab2Go AS Debt-to-EBITDA?

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

Grab2Go AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. Grab2Go AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. Grab2Go AS's annualized EBITDA for the quarter that ended in Jun. 2023 was €-0.39 Mil. Grab2Go AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 Grab2Go AS's Debt-to-EBITDA or its related term are showing as below:

OTSE:GRB2G' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.75 Med: -0.75 Max: -0.65
Current: -0.65

During the past 2 years, the highest Debt-to-EBITDA Ratio of Grab2Go AS was -0.65. The lowest was -0.75. And the median was -0.75.

OTSE:GRB2G's Debt-to-EBITDA is ranked worse than
100% of 2290 companies
in the Industrial Products industry
Industry Median: 1.71 vs OTSE:GRB2G: -0.65

Grab2Go AS Debt-to-EBITDA Historical Data

The historical data trend for Grab2Go AS'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.

Grab2Go AS Debt-to-EBITDA Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Debt-to-EBITDA

N/A

-0.75

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Debt-to-EBITDA	-	-0.57	-

Competitive Comparison of Grab2Go AS's Debt-to-EBITDA

For the Business Equipment & Supplies subindustry, Grab2Go AS'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.

Grab2Go AS's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Debt-to-EBITDA falls into.

Grab2Go AS Debt-to-EBITDA Calculation

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

Grab2Go AS'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
	=	(0.3	+	0)	/	-0.4
	=	-0.75

Grab2Go AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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)	/	-0.392
	=	0.00

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 two times the quarterly (Jun. 2023) EBITDA data.

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Grab2Go AS's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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