RDARS (XCNQ:RDRS) Debt-to-EBITDA : -0.95 (As of Aug. 2023)

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What is RDARS Debt-to-EBITDA?

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

RDARS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was C$1.66 Mil. RDARS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was C$0.01 Mil. RDARS's annualized EBITDA for the quarter that ended in Aug. 2023 was C$-1.76 Mil. RDARS's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was -0.95.

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

XCNQ:RDRS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.86 Med: -0.66 Max: -0.45
Current: -0.45

During the past 2 years, the highest Debt-to-EBITDA Ratio of RDARS was -0.45. The lowest was -0.86. And the median was -0.66.

XCNQ:RDRS's Debt-to-EBITDA is ranked worse than
100% of 1736 companies
in the Hardware industry
Industry Median: 1.82 vs XCNQ:RDRS: -0.45

RDARS Debt-to-EBITDA Historical Data

The historical data trend for RDARS'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.

RDARS Debt-to-EBITDA Chart

RDARS Annual Data

Trend

Nov21

Nov22

Debt-to-EBITDA

-0.86

-0.45

RDARS Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Debt-to-EBITDA	Get a 7-Day Free Trial				-5.88	-0.15	-0.47	-0.55	-0.95

Competitive Comparison of RDARS's Debt-to-EBITDA

For the Computer Hardware subindustry, RDARS'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.

RDARS's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, RDARS's Debt-to-EBITDA distribution charts can be found below:

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

RDARS Debt-to-EBITDA Calculation

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

RDARS's Debt-to-EBITDA for the fiscal year that ended in Nov. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.586	+	0.596)	/	-2.628
	=	-0.45

RDARS's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.663	+	0.013)	/	-1.756
	=	-0.95

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 (Aug. 2023) EBITDA data.

RDARS (XCNQ:RDRS) 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.

RDARS Debt-to-EBITDA Related Terms

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

RDARS (XCNQ:RDRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RDARS Inc (XCNQ:RDRS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

RDRSF:USA

Address

2 Covington Road, Suite 507, North York, ON, CAN, M6A 3E2

Website

https://www.rdars.com

RDARS Inc is an early-stage autonomous robotics and drone technology company in the process of developing various autonomous technologies, including, a drone that augments security systems for residential, commercial, and industrial applications. The company offers proprietary autonomous robotic platforms, including, a drone aircraft, drone station, and unmanned autonomous ground vehicle solutions that enable real-time alarm response, verification, intervention, reporting, and evidence recording.

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