Delta 9 Cannabis EV/EBITDA
What is the EV/EBITDA of Delta 9 Cannabis?
The EV/EBITDA of Delta 9 Cannabis Inc. is N/A
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Health Care sector on TSX compared to Delta 9 Cannabis
What does Delta 9 Cannabis do?
Delta 9 Cannabis Inc. operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc., engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis and related merchandise and devices. As of August 24, 2021, it owned and operated 13 retail stores under the Delta 9 brand name. Delta 9 Cannabis Inc. was founded in 2012 and is headquartered in Winnipeg, Canada.
Companies with ev/ebitda similar to Delta 9 Cannabis
- Asia Logistics has EV/EBITDA of N/A
- M&G has EV/EBITDA of N/A
- DXI has EV/EBITDA of N/A
- Pacific Silk Road Resources has EV/EBITDA of N/A
- Pacton Gold has EV/EBITDA of N/A
- The Alkaline Water Co has EV/EBITDA of N/A
- Delta 9 Cannabis has EV/EBITDA of N/A
- Pluribus Technologies Corp has EV/EBITDA of N/A
- Beauce Gold Fields has EV/EBITDA of N/A
- Sagalio has EV/EBITDA of N/A
- Copper Lake Resources has EV/EBITDA of N/A
- Bessor Minerals has EV/EBITDA of N/A
- GreenSpace Brands has EV/EBITDA of N/A