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International Parkside Products (TSXV:IPD) Debt-to-EBITDA : 0.74 (As of Jan. 2024)


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What is International Parkside Products Debt-to-EBITDA?

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

International Parkside Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.11 Mil. International Parkside Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.08 Mil. International Parkside Products's annualized EBITDA for the quarter that ended in Jan. 2024 was C$0.26 Mil. International Parkside Products's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 0.74.

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 International Parkside Products's Debt-to-EBITDA or its related term are showing as below:

TSXV:IPD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.23   Med: -1.19   Max: 7.18
Current: -2.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of International Parkside Products was 7.18. The lowest was -8.23. And the median was -1.19.

TSXV:IPD's Debt-to-EBITDA is ranked worse than
100% of 1214 companies
in the Chemicals industry
Industry Median: 2.32 vs TSXV:IPD: -2.16

International Parkside Products Debt-to-EBITDA Historical Data

The historical data trend for International Parkside Products'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.

International Parkside Products Debt-to-EBITDA Chart

International Parkside Products Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.23 -3.91 7.18 5.27 -1.19

International Parkside Products Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.69 -1.37 -0.51 2.30 0.74

Competitive Comparison of International Parkside Products's Debt-to-EBITDA

For the Specialty Chemicals subindustry, International Parkside Products'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.


International Parkside Products's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Parkside Products's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where International Parkside Products's Debt-to-EBITDA falls into.



International Parkside Products Debt-to-EBITDA Calculation

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

International Parkside Products's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.168 + 0.098) / -0.224
=-1.19

International Parkside Products'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
=(0.112 + 0.078) / 0.256
=0.74

* 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.


International Parkside Products  (TSXV:IPD) 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.


International Parkside Products Debt-to-EBITDA Related Terms

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


International Parkside Products (TSXV:IPD) Business Description

Traded in Other Exchanges
N/A
Address
304 – 788 Beatty Street, Vancouver, BC, CAN, V6B 2M1
International Parkside Products Inc through its subsidiaries is engaged in the business of producing and marketing optical and screen cleaning products. It uses patented carbon black and LCF technology for international distribution. It offers optical lens cleaning devices such as LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company sells its product globally including North America which generates the majority of its revenue, Europe, Japan, Asia, Russia, Australia/New Zealand other countries.
Executives
Murray Keating 10% Security Holder

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