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Pure Harvestorate Group (Pure Harvestorate Group) Debt-to-EBITDA : 5.87 (As of Mar. 2022)


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What is Pure Harvestorate Group Debt-to-EBITDA?

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

Pure Harvestorate Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $4.16 Mil. Pure Harvestorate Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $1.29 Mil. Pure Harvestorate Group's annualized EBITDA for the quarter that ended in Mar. 2022 was $0.93 Mil. Pure Harvestorate Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was 5.87.

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 Pure Harvestorate Group's Debt-to-EBITDA or its related term are showing as below:

PHCG's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.69
* Ranked among companies with meaningful Debt-to-EBITDA only.

Pure Harvestorate Group Debt-to-EBITDA Historical Data

The historical data trend for Pure Harvestorate Group'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.

Pure Harvestorate Group Debt-to-EBITDA Chart

Pure Harvestorate Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
-0.57 -2.54 -1.00 -0.81 -0.67

Pure Harvestorate Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -0.52 -0.40 -1.78 -0.50 5.87

Competitive Comparison of Pure Harvestorate Group's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Pure Harvestorate Group'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.


Pure Harvestorate Group's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pure Harvestorate Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pure Harvestorate Group's Debt-to-EBITDA falls into.



Pure Harvestorate Group Debt-to-EBITDA Calculation

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

Pure Harvestorate Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.166 + 1.29) / -8.138
=-0.67

Pure Harvestorate Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.161 + 1.29) / 0.928
=5.87

* 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 (Mar. 2022) EBITDA data.


Pure Harvestorate Group  (OTCPK:PHCG) 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.


Pure Harvestorate Group Debt-to-EBITDA Related Terms

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


Pure Harvestorate Group (Pure Harvestorate Group) Business Description

Traded in Other Exchanges
N/A
Address
8879 Forest Drive, Littleton, CO, USA, 80126
The Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly-traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp-derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its cannabis, hemp-derived cannabinoids, and Test Kitchen operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition.

Pure Harvestorate Group (Pure Harvestorate Group) Headlines