Green Impact Partners (TSXV:GIP) Debt-to-EBITDA : -36.32 (As of Sep. 2023)

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What is Green Impact Partners Debt-to-EBITDA?

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

Green Impact Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.3 Mil. Green Impact Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$26.9 Mil. Green Impact Partners's annualized EBITDA for the quarter that ended in Sep. 2023 was C$-0.7 Mil. Green Impact Partners's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -36.32.

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 Green Impact Partners's Debt-to-EBITDA or its related term are showing as below:

TSXV:GIP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.69 Med: 0.25 Max: 9.46
Current: 2.61

During the past 3 years, the highest Debt-to-EBITDA Ratio of Green Impact Partners was 9.46. The lowest was -16.69. And the median was 0.25.

TSXV:GIP's Debt-to-EBITDA is ranked better than
71.12% of 322 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.41 vs TSXV:GIP: 2.61

Green Impact Partners Debt-to-EBITDA Historical Data

The historical data trend for Green Impact Partners'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.

Green Impact Partners Debt-to-EBITDA Chart

Green Impact Partners Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-EBITDA

9.46

0.25

-16.69

Green Impact Partners Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial									18.06	-5.15	0.86	0.83	-36.32

Competitive Comparison of Green Impact Partners's Debt-to-EBITDA

For the Utilities - Renewable subindustry, Green Impact Partners'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.

Green Impact Partners's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Impact Partners's Debt-to-EBITDA distribution charts can be found below:

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

Green Impact Partners Debt-to-EBITDA Calculation

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

Green Impact Partners's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.348	+	66.057)	/	-3.98
	=	-16.68

Green Impact Partners's annualized Debt-to-EBITDA for the quarter 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
	=	(0.279	+	26.887)	/	-0.748
	=	-36.32

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 (Sep. 2023) EBITDA data.

Green Impact Partners (TSXV:GIP) 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.

Green Impact Partners Debt-to-EBITDA Related Terms

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

Green Impact Partners (TSXV:GIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Green Impact Partners Inc (TSXV:GIP) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

04B:Germany

Address

2207 - 4th Street S.W., Suite 400, Calgary, AB, CAN, T2S 1X1

Website

https://www.greenipi.com

Green Impact Partners Inc is a clean energy company with an operating portfolio of water and solids treatment and recycling facilities in North America. The company also has a portfolio of renewable natural gas and clean energy development projects. Its services include water and solids recycling management, disposal services, and energy product optimization services. Its operating segments are Water and Industrial, and Energy Production. The Water and Industrial segment consists of water, waste, and solids disposal and recycling services as well as other marketing operations. The Energy Production segment is currently comprised of multiple pre-production renewable energy projects.

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