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Harrys Manufacturing (Harrys Manufacturing) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Harrys Manufacturing Debt-to-EBITDA?

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

Harrys Manufacturing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Harrys Manufacturing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Harrys Manufacturing's annualized EBITDA for the quarter that ended in Jan. 2024 was $-0.36 Mil. Harrys Manufacturing'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 Harrys Manufacturing's Debt-to-EBITDA or its related term are showing as below:

WSRRF's Debt-to-EBITDA is not ranked *
in the Tobacco Products industry.
Industry Median: 1.495
* Ranked among companies with meaningful Debt-to-EBITDA only.

Harrys Manufacturing Debt-to-EBITDA Historical Data

The historical data trend for Harrys Manufacturing'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.

Harrys Manufacturing Debt-to-EBITDA Chart

Harrys Manufacturing 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 - -0.19 -0.56 -0.09 -

Harrys Manufacturing 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 -0.02 - - - -

Competitive Comparison of Harrys Manufacturing's Debt-to-EBITDA

For the Tobacco subindustry, Harrys Manufacturing'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.


Harrys Manufacturing's Debt-to-EBITDA Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Harrys Manufacturing's Debt-to-EBITDA distribution charts can be found below:

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



Harrys Manufacturing Debt-to-EBITDA Calculation

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

Harrys Manufacturing'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 + 0) / -0.491
=0.00

Harrys Manufacturing'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) / -0.356
=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.


Harrys Manufacturing  (OTCPK:WSRRF) 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.


Harrys Manufacturing Debt-to-EBITDA Related Terms

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


Harrys Manufacturing (Harrys Manufacturing) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Harrys Manufacturing Inc is engaged in the sale and distribution of tobacco products. It is a wholesale distributor of high quality 100% natural tobacco cigarettes. It utilizes various types of tobacco blends to satisfy customer demands and preferences for products that meet Health Canada standards.

Harrys Manufacturing (Harrys Manufacturing) Headlines

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