SLANG Worldwide (XCNQ:SLNG) Debt-to-EBITDA : -1.54 (As of Dec. 2023)

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What is SLANG Worldwide Debt-to-EBITDA?

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

SLANG Worldwide's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$22.23 Mil. SLANG Worldwide's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$7.63 Mil. SLANG Worldwide's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-19.40 Mil. SLANG Worldwide's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.54.

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

XCNQ:SLNG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.45 Med: -0.45 Max: -0.02
Current: -7.45

During the past 7 years, the highest Debt-to-EBITDA Ratio of SLANG Worldwide was -0.02. The lowest was -7.45. And the median was -0.45.

XCNQ:SLNG's Debt-to-EBITDA is ranked worse than
100% of 659 companies
in the Drug Manufacturers industry
Industry Median: 1.7 vs XCNQ:SLNG: -7.45

SLANG Worldwide Debt-to-EBITDA Historical Data

The historical data trend for SLANG Worldwide'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.

SLANG Worldwide Debt-to-EBITDA Chart

SLANG Worldwide Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.02

-0.55

-0.34

-1.28

-7.45

SLANG Worldwide 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															-0.45	4.84	8.38	-6.44	-1.54

Competitive Comparison of SLANG Worldwide's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, SLANG Worldwide'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.

SLANG Worldwide's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, SLANG Worldwide's Debt-to-EBITDA distribution charts can be found below:

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

SLANG Worldwide Debt-to-EBITDA Calculation

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

SLANG Worldwide'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
	=	(22.234	+	7.633)	/	-4.011
	=	-7.45

SLANG Worldwide'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
	=	(22.234	+	7.633)	/	-19.404
	=	-1.54

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.

SLANG Worldwide (XCNQ:SLNG) 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.

SLANG Worldwide Debt-to-EBITDA Related Terms

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

SLANG Worldwide (XCNQ:SLNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » SLANG Worldwide Inc (XCNQ:SLNG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SLGWF:USA

Address

50 Carroll Street, Toronto, ON, CAN, M4M 3G3

Website

https://www.slangww.com

SLANG Worldwide Inc is a cannabis-focused consumer packaged goods company. It is focused on acquiring and developing regional brands, as well as creating new brands to meet the needs of cannabis consumers. It operates in two reportable segments Core Markets, and Emerging Markets, and the majority of its revenue comes from the Core Market. Geographically it operates in Canada and the U.S. It derives the majority of its revenue from the U.S. Its brand portfolio involves, Firefly, O.pen, and Alchemy Naturals.

Executives

Christopher Lee Driessen

Director, Senior Officer