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Himalaya Technologies (Himalaya Technologies) Debt-to-EBITDA : -0.11 (As of Jan. 2024)


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What is Himalaya Technologies Debt-to-EBITDA?

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

Himalaya Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.16 Mil. Himalaya Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Himalaya Technologies's annualized EBITDA for the quarter that ended in Jan. 2024 was $-1.40 Mil. Himalaya Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was -0.11.

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 Himalaya Technologies's Debt-to-EBITDA or its related term are showing as below:

HMLA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.31   Med: -1.34   Max: 7.8
Current: -0.27

During the past 11 years, the highest Debt-to-EBITDA Ratio of Himalaya Technologies was 7.80. The lowest was -27.31. And the median was -1.34.

HMLA's Debt-to-EBITDA is ranked worse than
100% of 278 companies
in the Interactive Media industry
Industry Median: 0.82 vs HMLA: -0.27

Himalaya Technologies Debt-to-EBITDA Historical Data

The historical data trend for Himalaya Technologies'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.

Himalaya Technologies Debt-to-EBITDA Chart

Himalaya Technologies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.62 -1.01 2.17 -1.67 -0.38

Himalaya Technologies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 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 -0.27 0.27 -0.14 -0.53 -0.11

Competitive Comparison of Himalaya Technologies's Debt-to-EBITDA

For the Internet Content & Information subindustry, Himalaya Technologies'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.


Himalaya Technologies's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Himalaya Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Himalaya Technologies Debt-to-EBITDA Calculation

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

Himalaya Technologies'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
=(0.203 + 0) / -0.539
=-0.38

Himalaya Technologies'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
=(0.156 + 0) / -1.396
=-0.11

* 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.


Himalaya Technologies  (OTCPK:HMLA) 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.


Himalaya Technologies Debt-to-EBITDA Related Terms

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


Himalaya Technologies (Himalaya Technologies) Business Description

Traded in Other Exchanges
N/A
Address
831 West North Avenue, Pittsburgh, PA, USA, 15233
Himalaya Technologies Inc along with its subsidiaries is targeting information services for the cannabis industry. The company uses its social site Kanab.Club. It is a cannabis social media platform which acts as a benchmark for uniting the cannabis community.
Executives
Vikram P Grover director, 10 percent owner, officer: CEO, Chairman 1340 BROOK ST. UNIT M, ST CHARLES IL 60174
Paul D Maniscalco officer: Chief Financial Officer 1600 STOUT STREET, #450, DENVER CO 80202
St James David M director 3395 S. JONES BLVD., #169, LAS VEGAS NV 89146
Thomas Fw Campbell 10 percent owner 1155 W. CALLE FUENTE DE CARINO, SAHUARITA AZ 85629