Solarvest Bio EBITDA
What is the EBITDA of Solarvest Bio?
The EBITDA of Solarvest BioEnergy, Inc. is -CAD$1.43
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
EBITDA of companies in the Industrials sector on TSXV compared to Solarvest Bio
What does Solarvest Bio do?
Solarvest BioEnergy Inc. engages in the development of algal-based production systems to produce natural based green commercial products in Canada and internationally. The company provides human nutrition products, including omega-3; and pharmaceutical ingredients for human health comprising cannabinoids in algae and bone morphogenetic protein for the treatment of repairing bone fractures. It has a collaborative research and development agreement with FSD Pharma Inc. to develop algae-based pharmaceutical grade cannabinoids. The company was incorporated in 2005 and is based in Vancouver, Canada.
Companies with ebitda similar to Solarvest Bio
- Strongbow Exploration has EBITDA of -CAD$1.44
- Renaissance Gold has EBITDA of -$1.44
- Avenir Telecom S.A has EBITDA of -€1.44
- KHD Humboldt Wedag International AG has EBITDA of -€1.43
- Bulletin Resources has EBITDA of -AUD$1.43
- Vanstar Mining Resources has EBITDA of -CAD$1.43
- Solarvest Bio has EBITDA of -CAD$1.43
- Ncondezi has EBITDA of -$1.43
- Imperial Mining has EBITDA of -CAD$1.43
- Imperial Mining has EBITDA of -CAD$1.43
- Amarillo Biosciences has EBITDA of -$1.43
- Sentinel Resources has EBITDA of -CAD$1.43
- Pan Asia Metals has EBITDA of -$1.43