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Crown ElectroKinetics (Crown ElectroKinetics) Debt-to-EBITDA : -0.08 (As of Dec. 2023)


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What is Crown ElectroKinetics Debt-to-EBITDA?

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

Crown ElectroKinetics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.08 Mil. Crown ElectroKinetics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.07 Mil. Crown ElectroKinetics's annualized EBITDA for the quarter that ended in Dec. 2023 was $-27.44 Mil. Crown ElectroKinetics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.08.

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

CRKN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.62   Med: -0.27   Max: -0.01
Current: -0.12

During the past 5 years, the highest Debt-to-EBITDA Ratio of Crown ElectroKinetics was -0.01. The lowest was -0.62. And the median was -0.27.

CRKN's Debt-to-EBITDA is ranked worse than
100% of 1210 companies
in the Chemicals industry
Industry Median: 2.275 vs CRKN: -0.12

Crown ElectroKinetics Debt-to-EBITDA Historical Data

The historical data trend for Crown ElectroKinetics'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.

Crown ElectroKinetics Debt-to-EBITDA Chart

Crown ElectroKinetics Annual Data
Trend Mar19 Mar20 Mar21 Dec22 Dec23
Debt-to-EBITDA
-0.62 -0.38 -0.01 -0.27 -0.12

Crown ElectroKinetics Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.48 50.91 -0.06 -1.40 -0.08

Competitive Comparison of Crown ElectroKinetics's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Crown ElectroKinetics'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.


Crown ElectroKinetics's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown ElectroKinetics's Debt-to-EBITDA distribution charts can be found below:

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



Crown ElectroKinetics Debt-to-EBITDA Calculation

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

Crown ElectroKinetics'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
=(1.084 + 1.072) / -18.208
=-0.12

Crown ElectroKinetics'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
=(1.084 + 1.072) / -27.436
=-0.08

* 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.


Crown ElectroKinetics  (NAS:CRKN) 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.


Crown ElectroKinetics Debt-to-EBITDA Related Terms

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


Crown ElectroKinetics (Crown ElectroKinetics) Business Description

Traded in Other Exchanges
N/A
Address
1110 NE Circle Boulevard, Corvallis, OR, USA, 97330
Crown ElectroKinetics Corp is a provider of DynamicTint. The company's technology allows any glass surface to transition between clear and dark in seconds. DynamicTint allows windows to transition from transparent to black. With applications to a wide array of windows, including commercial buildings, automotive sunroofs, and residential skylights, Crown partners with glass and film manufacturers for mass production and distribution. Its technology is a thin film that is powered by an electrically-charged pigment which not only replaces common window tints but is also a more sustainable alternative to traditional window treatments. The company is supported by a robust patent portfolio.
Executives
Douglas B Croxall 10 percent owner, officer: Chief Executive Officer 2331 MILL ROAD SUITE 100, ALEXANDRIA VA 22314
Joel Krutz officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90025
Gary C Hanna director
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Kaijiro Sato officer: Co-President and CMO 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Edward Kovalik director 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Philip J Anderson officer: Chief Financial Officer SIAR CAPITAL, 600 MADISON AVENUE, NEW YORK NY 10021
John P. Marchese director 150 TWELVE OAKS LANE, PONTE VEDRA BEACH FL 32082
Christopher H Smith director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Timothy Koch officer: Chief Technology Officer 1110 NE CIRCLE BLVD., CORVALLIS OR 97330
Dipanjan Nag director 9335 BURNETT LANE, DUBLIN OH 43017

Crown ElectroKinetics (Crown ElectroKinetics) Headlines