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Odd Burger (TSXV:ODD) Debt-to-EBITDA : -20.34 (As of Dec. 2023)


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What is Odd Burger Debt-to-EBITDA?

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

Odd Burger's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.77 Mil. Odd Burger's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$2.48 Mil. Odd Burger's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.16 Mil. Odd Burger's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -20.34.

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 Odd Burger's Debt-to-EBITDA or its related term are showing as below:

TSXV:ODD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.23   Med: -0.57   Max: -0.37
Current: -1.23

During the past 4 years, the highest Debt-to-EBITDA Ratio of Odd Burger was -0.37. The lowest was -1.23. And the median was -0.57.

TSXV:ODD's Debt-to-EBITDA is ranked worse than
100% of 277 companies
in the Restaurants industry
Industry Median: 3.01 vs TSXV:ODD: -1.23

Odd Burger Debt-to-EBITDA Historical Data

The historical data trend for Odd Burger'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.

Odd Burger Debt-to-EBITDA Chart

Odd Burger Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
-0.49 -0.37 -0.66 -0.80

Odd Burger Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.60 -0.91 -1.14 -0.57 -20.34

Competitive Comparison of Odd Burger's Debt-to-EBITDA

For the Restaurants subindustry, Odd Burger'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.


Odd Burger's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Odd Burger's Debt-to-EBITDA distribution charts can be found below:

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



Odd Burger Debt-to-EBITDA Calculation

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

Odd Burger's Debt-to-EBITDA for the fiscal year 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
=(0.503 + 2.385) / -3.633
=-0.79

Odd Burger's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.774 + 2.481) / -0.16
=-20.34

* 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 (Dec. 2023) EBITDA data.


Odd Burger  (TSXV:ODD) 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.


Odd Burger Debt-to-EBITDA Related Terms

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


Odd Burger (TSXV:ODD) Business Description

Traded in Other Exchanges
Address
505 Consortium Court, London, ON, CAN, N6E 2S8
Odd Burger Corp is a plant-based food technology company that manufactures and distributes plant-based protein and dairy alternatives using locally sourced and sustainable ingredients. It distributes its products through a proprietary food service line to company-owned and franchised fast-food restaurant locations. Its restaurant locations operate as smart kitchens, which use state-of-the-art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. The company operates a manufacturing facility and has restaurant locations in Canada.