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Pacific Green Technologies (Pacific Green Technologies) Debt-to-EBITDA : 0.06 (As of Dec. 2023)


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What is Pacific Green Technologies Debt-to-EBITDA?

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

Pacific Green Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.74 Mil. Pacific Green Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.64 Mil. Pacific Green Technologies's annualized EBITDA for the quarter that ended in Dec. 2023 was $54.56 Mil. Pacific Green Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.06.

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

PGTK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.66   Med: -0.2   Max: 40.65
Current: 0.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pacific Green Technologies was 40.65. The lowest was -6.66. And the median was -0.20.

PGTK's Debt-to-EBITDA is ranked better than
82.82% of 2294 companies
in the Industrial Products industry
Industry Median: 1.75 vs PGTK: 0.25

Pacific Green Technologies Debt-to-EBITDA Historical Data

The historical data trend for Pacific Green 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.

Pacific Green Technologies Debt-to-EBITDA Chart

Pacific Green Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 40.65 -0.62 -0.28

Pacific Green Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.07 -0.22 - -2.12 0.06

Competitive Comparison of Pacific Green Technologies's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Pacific Green 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.


Pacific Green Technologies's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Pacific Green Technologies Debt-to-EBITDA Calculation

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

Pacific Green Technologies's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.605 + 0.085) / -9.724
=-0.28

Pacific Green Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.74 + 0.638) / 54.556
=0.06

* 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 (Dec. 2023) EBITDA data.


Pacific Green Technologies  (OTCPK:PGTK) 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.


Pacific Green Technologies Debt-to-EBITDA Related Terms

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


Pacific Green Technologies (Pacific Green Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8 The Green, Suite 10212, Dover, DE, USA, 19901
Pacific Green Technologies Inc is engaged in developing emission control systems technology. The company design, manufactures, and implements flue gas emission control systems throughout the world. It offers a product such as ENVI-Marine for the marine industry, ENVI-Pure for the waste-to-energy and biomass industries, and ENVI-Clean is designed for coal-fired power electricity generation and industrial plants involved in steel generation. Geographically, it has a presence in North America, Asia, and Europe of which it derives a majority of its revenue from the Europe region.
Executives
Fresh Air Investments (canada) Ltd. 10 percent owner 409-221 W. ESPLANADE, NORTH VANCOUVER A1 V7M 3J3
Twynam Investments Proprietary Ltd 10 percent owner, other: Chief Financial Officer 226 LIVERPOOL STREET, DARLINGHURST, SYDNEY C3 2010
Richard Fraser-smith officer: Chief Financial Officer 7 NIGHTINGALE ROAD, HAMPTON, MIDDLESEX X0 TW12 3HU
Pacific Green Group Ltd 10 percent owner BISON COURT, ROAD TOWN, TORTOLA D8 0000
Alexander Shead director 10/50 BERRY STREET, NORTH SYDNEY NSW C3 0000
Chris Williams director 335A THORPE ROAD, PETERBOROUGH CAMBS X0 PE3 6LU
Andrew Jolly director SOPHIA HOUSE, 28 CATHEDRAL ROAD, CARDIFF X0 CF911 9LJ
Neil Carmichael director 5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129
Jordan Starkman director, officer: President/Secretary/Treasurer 5205 PROSPECT ROAD, SUITE 135 - 226, SAN JOSE CA 95129

Pacific Green Technologies (Pacific Green Technologies) Headlines

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