Aluula Composites (TSXV:AUUA) Debt-to-EBITDA : -0.25 (As of Oct. 2023)

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What is Aluula Composites Debt-to-EBITDA?

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

Aluula Composites's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.33 Mil. Aluula Composites's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.90 Mil. Aluula Composites's annualized EBITDA for the quarter that ended in Oct. 2023 was C$-4.93 Mil. Aluula Composites's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -0.25.

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

TSXV:AUUA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.43 Med: -0.25 Max: 32.87
Current: -0.25

During the past 3 years, the highest Debt-to-EBITDA Ratio of Aluula Composites was 32.87. The lowest was -27.43. And the median was -0.25.

TSXV:AUUA's Debt-to-EBITDA is ranked worse than
100% of 815 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs TSXV:AUUA: -0.25

Aluula Composites Debt-to-EBITDA Historical Data

The historical data trend for Aluula Composites'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.

Aluula Composites Debt-to-EBITDA Chart

Aluula Composites Annual Data

Trend

Oct21

Oct22

Oct23

Debt-to-EBITDA

32.87

-27.43

-0.25

Aluula Composites Semi-Annual Data
	Oct21	Oct22	Oct23
Debt-to-EBITDA	32.87	-27.43	-0.25

Competitive Comparison of Aluula Composites's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Aluula Composites'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.

Aluula Composites's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aluula Composites's Debt-to-EBITDA distribution charts can be found below:

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

Aluula Composites Debt-to-EBITDA Calculation

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

Aluula Composites's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.327	+	0.898)	/	-4.932
	=	-0.25

Aluula Composites's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.327	+	0.898)	/	-4.932
	=	-0.25

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 one times the quarterly (Oct. 2023) EBITDA data.

Aluula Composites (TSXV:AUUA) 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.

Aluula Composites Debt-to-EBITDA Related Terms

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

Aluula Composites (TSXV:AUUA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aluula Composites Inc (TSXV:AUUA) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

AUUAF:USA

Address

4240 Glanford Avenue, Suite 300, Victoria, BC, CAN, V8Z 4B8

Website

https://www.aluula.com

Aluula Composites Inc is a manufacturer of composite materials. It specializes in the production of lightweight and high performance composite materials for various applications, including the wind sports, outdoor, sailing, and aerospace markets. The company utilizes advanced manufacturing technologies, such as 3D printing, to produce its composite materials and components.

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