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Mission Ready Solutions (Mission Ready Solutions) Debt-to-EBITDA : -4.91 (As of Mar. 2023)


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What is Mission Ready Solutions Debt-to-EBITDA?

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

Mission Ready Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $5.68 Mil. Mission Ready Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $1.61 Mil. Mission Ready Solutions's annualized EBITDA for the quarter that ended in Mar. 2023 was $-1.48 Mil. Mission Ready Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -4.91.

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 Mission Ready Solutions's Debt-to-EBITDA or its related term are showing as below:

MSNVF's Debt-to-EBITDA is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.25
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mission Ready Solutions Debt-to-EBITDA Historical Data

The historical data trend for Mission Ready Solutions'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.

Mission Ready Solutions Debt-to-EBITDA Chart

Mission Ready Solutions Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -1.89 3.74 13.79 -0.46

Mission Ready Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 4.50 -1.67 -1.56 -0.13 -4.91

Competitive Comparison of Mission Ready Solutions's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Mission Ready Solutions'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.


Mission Ready Solutions's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mission Ready Solutions's Debt-to-EBITDA falls into.



Mission Ready Solutions Debt-to-EBITDA Calculation

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

Mission Ready Solutions's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.492 + 1.652) / -15.652
=-0.46

Mission Ready Solutions's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.676 + 1.611) / -1.484
=-4.91

* 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 (Mar. 2023) EBITDA data.


Mission Ready Solutions  (OTCPK:MSNVF) 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.


Mission Ready Solutions Debt-to-EBITDA Related Terms

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


Mission Ready Solutions (Mission Ready Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.