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Continental Beverage Brands (Continental Beverage Brands) Debt-to-EBITDA : -0.03 (As of Sep. 2023)


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What is Continental Beverage Brands Debt-to-EBITDA?

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

Continental Beverage Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.31 Mil. Continental Beverage Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Continental Beverage Brands's annualized EBITDA for the quarter that ended in Sep. 2023 was $-11.76 Mil. Continental Beverage Brands's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.03.

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 Continental Beverage Brands's Debt-to-EBITDA or its related term are showing as below:

CBBB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.1   Med: 0   Max: 0
Current: -0.1

CBBB's Debt-to-EBITDA is ranked worse than
100% of 125 companies
in the Diversified Financial Services industry
Industry Median: 4.22 vs CBBB: -0.10

Continental Beverage Brands Debt-to-EBITDA Historical Data

The historical data trend for Continental Beverage Brands'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.

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Continental Beverage Brands Debt-to-EBITDA Chart

Continental Beverage Brands Annual Data
Trend
Debt-to-EBITDA

Continental Beverage Brands Quarterly Data
Sep09 Sep10 Sep22 Sep23
Debt-to-EBITDA - - - -0.03

Competitive Comparison of Continental Beverage Brands's Debt-to-EBITDA

For the Shell Companies subindustry, Continental Beverage Brands'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.


Continental Beverage Brands's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Continental Beverage Brands's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Continental Beverage Brands's Debt-to-EBITDA falls into.



Continental Beverage Brands Debt-to-EBITDA Calculation

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

Continental Beverage Brands's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Continental Beverage Brands's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.306 + 0) / -11.76
=-0.03

* 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 (Sep. 2023) EBITDA data.


Continental Beverage Brands  (OTCPK:CBBB) 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.


Continental Beverage Brands Debt-to-EBITDA Related Terms

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


Continental Beverage Brands (Continental Beverage Brands) Business Description

Traded in Other Exchanges
N/A
Address
800-855 West Georgia Street, Vancouver, BC, CAN, V6C 3H1
Continental Beverage Brands Corp is a shell company.

Continental Beverage Brands (Continental Beverage Brands) Headlines

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