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Pangea Natural Foods (Pangea Natural Foods) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Pangea Natural Foods Debt-to-EBITDA?

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

Pangea Natural Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Pangea Natural Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Pangea Natural Foods's annualized EBITDA for the quarter that ended in Jan. 2024 was $-0.62 Mil. Pangea Natural Foods's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 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 Pangea Natural Foods's Debt-to-EBITDA or its related term are showing as below:

PNGAF's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.16
* Ranked among companies with meaningful Debt-to-EBITDA only.

Pangea Natural Foods Debt-to-EBITDA Historical Data

The historical data trend for Pangea Natural 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.

Pangea Natural Foods Debt-to-EBITDA Chart

Pangea Natural Foods Annual Data
Trend Oct21 Oct22 Oct23
Debt-to-EBITDA
N/A - -

Pangea Natural Foods Quarterly Data
Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - - - -

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

For the Packaged Foods subindustry, Pangea Natural 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.


Pangea Natural Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pangea Natural Foods's Debt-to-EBITDA distribution charts can be found below:

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



Pangea Natural Foods Debt-to-EBITDA Calculation

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

Pangea Natural Foods's Debt-to-EBITDA for the fiscal year that ended in Oct. 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) / -1.193
=0.00

Pangea Natural Foods's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.624
=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 (Jan. 2024) EBITDA data.


Pangea Natural Foods  (OTCPK:PNGAF) 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.


Pangea Natural Foods Debt-to-EBITDA Related Terms

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


Pangea Natural Foods (Pangea Natural Foods) Business Description

Traded in Other Exchanges
Address
8035 - 130th Street, Surrey, BC, CAN, V3W 0H7
Pangea Natural Foods Inc engages in the production and sale of plant-based patties. Pangea manufactures the plant-based patties at the Facility in the Vancouver lower mainland and sells the patties through multiple distribution channels including online sales platforms and retailers. The Company currently has one reportable operating segment, the manufacturing and distribution of food products in Canada.