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Just Kitchen Holdings (TSXV:JK) Debt-to-EBITDA : -0.16 (As of Mar. 2023)


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What is Just Kitchen Holdings Debt-to-EBITDA?

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

Just Kitchen Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was C$1.40 Mil. Just Kitchen Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was C$1.72 Mil. Just Kitchen Holdings's annualized EBITDA for the quarter that ended in Mar. 2023 was C$-19.21 Mil. Just Kitchen Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -0.16.

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 Just Kitchen Holdings's Debt-to-EBITDA or its related term are showing as below:

TSXV:JK's Debt-to-EBITDA is not ranked *
in the Restaurants industry.
Industry Median: 3.01
* Ranked among companies with meaningful Debt-to-EBITDA only.

Just Kitchen Holdings Debt-to-EBITDA Historical Data

The historical data trend for Just Kitchen Holdings'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.

Just Kitchen Holdings Debt-to-EBITDA Chart

Just Kitchen Holdings Annual Data
Trend Sep20 Sep21 Sep22
Debt-to-EBITDA
-1.01 -0.30 -0.23

Just Kitchen Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.17 -0.24 -0.29 -0.36 -0.16

Competitive Comparison of Just Kitchen Holdings's Debt-to-EBITDA

For the Restaurants subindustry, Just Kitchen Holdings'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.


Just Kitchen Holdings's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Just Kitchen Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Just Kitchen Holdings Debt-to-EBITDA Calculation

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

Just Kitchen Holdings's Debt-to-EBITDA for the fiscal year that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.36 + 2.178) / -15.192
=-0.23

Just Kitchen Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.398 + 1.72) / -19.208
=-0.16

* 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 (Mar. 2023) EBITDA data.


Just Kitchen Holdings  (TSXV:JK) 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.


Just Kitchen Holdings Debt-to-EBITDA Related Terms

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


Just Kitchen Holdings (TSXV:JK) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Just Kitchen Holdings Corp is a cloud kitchen meal preparation company with operations in Taiwan, Hong Kong, Singapore, Philippines, Malaysia, and Thailand. The Company combines advanced food preparation with underused real estate and leverages online mobile application-based food ordering and delivery companies reaching wider geographies, which includes under-served markets. The company's business model combines strategically located cloud kitchens or virtual kitchens in a hub-and-spoke infrastructure throughout high-density urban areas.

Just Kitchen Holdings (TSXV:JK) Headlines

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