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ACMAT (ACMT) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is ACMAT Debt-to-EBITDA?

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

ACMAT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. ACMAT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. ACMAT's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.73 Mil. ACMAT's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.00.

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

During the past 13 years, the highest Debt-to-EBITDA Ratio of ACMAT was 6.63. The lowest was -3.12. And the median was 3.00.

ACMT's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.49
* Ranked among companies with meaningful Debt-to-EBITDA only.

ACMAT Debt-to-EBITDA Historical Data

The historical data trend for ACMAT'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.

ACMAT Debt-to-EBITDA Chart

ACMAT Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 3.13 3.74 4.68 6.63

ACMAT Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Sep22 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.90 4.77 2.32 - -

Competitive Comparison of ACMAT's Debt-to-EBITDA

For the Insurance - Specialty subindustry, ACMAT'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.


ACMAT's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, ACMAT's Debt-to-EBITDA distribution charts can be found below:

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



ACMAT Debt-to-EBITDA Calculation

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

ACMAT's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 9.586) / 1.445
=6.63

ACMAT'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 + 0) / -0.728
=0.00

* 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 (Sep. 2023) EBITDA data.


ACMAT  (OTCPK:ACMT) 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.


ACMAT Debt-to-EBITDA Related Terms

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


ACMAT (ACMT) Business Description

Traded in Other Exchanges
N/A
Address
30 South Road, Farmington, CT, USA, 06032-2418
ACMAT Corp operates as a holding company that engages in the provision of providing surety bonds for prime contractors, specialty trade, environmental remediation and asbestos abatement contractors, and miscellaneous obligations nationwide. It also provides miscellaneous surety such as worker's compensation, supply, subdivision, license, and permit bonds. The company generates revenue from the investment income and premiums received.

ACMAT (ACMT) Headlines

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