1606 (CBDW) Debt-to-EBITDA : -0.44 (As of Dec. 2023)

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What is 1606 Debt-to-EBITDA?

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

1606's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.12 Mil. 1606's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.95 Mil. 1606's annualized EBITDA for the quarter that ended in Dec. 2023 was $-2.44 Mil. 1606's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.44.

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 1606's Debt-to-EBITDA or its related term are showing as below:

CBDW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.48 Med: -0.86 Max: -0.62
Current: -0.62

During the past 3 years, the highest Debt-to-EBITDA Ratio of 1606 was -0.62. The lowest was -1.48. And the median was -0.86.

CBDW's Debt-to-EBITDA is ranked worse than
100% of 33 companies
in the Tobacco Products industry
Industry Median: 1.88 vs CBDW: -0.62

1606 Debt-to-EBITDA Historical Data

The historical data trend for 1606'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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1606 Debt-to-EBITDA Chart

1606 Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.86

-1.48

-0.62

1606 Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial				-1.30	-0.87	-0.50	-0.46	-0.44

Competitive Comparison of 1606's Debt-to-EBITDA

For the Tobacco subindustry, 1606'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.

1606's Debt-to-EBITDA Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, 1606's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 1606's Debt-to-EBITDA falls into.

1606 Debt-to-EBITDA Calculation

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

1606's Debt-to-EBITDA for the fiscal year 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
	=	(0.115	+	0.951)	/	-1.708
	=	-0.62

1606'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
	=	(0.115	+	0.951)	/	-2.444
	=	-0.44

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.

1606 (OTCPK:CBDW) 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.

1606 Debt-to-EBITDA Related Terms

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1606 (CBDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » 1606 Corp (OTCPK:CBDW) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

2425 E. Camelback Road, Suite 150, Phoenix, AZ, USA, 85016

Website

https://cbd.inc

1606 Corp offers nicotine-free and tobacco-free alternatives to traditional cigarettes and vaping products. Its products are manufactured with a blend of all-natural ingredients to provide smokers aged 21+ an alternative to traditional cigarettes that do not contain nicotine or tobacco and promote health benefits such as pain management, reduced anxiety, and enhance wakefulness. Smokable hemp is a Company Product That is an alternative for customers that currently smoke or want to quit smoking nicotine.