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AirTrona International (AirTrona International) Debt-to-EBITDA : -0.27 (As of Aug. 2011)


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What is AirTrona International Debt-to-EBITDA?

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

AirTrona International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2011 was $0.05 Mil. AirTrona International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2011 was $0.08 Mil. AirTrona International's annualized EBITDA for the quarter that ended in Aug. 2011 was $-0.46 Mil. AirTrona International's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2011 was -0.27.

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

ARTR's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

AirTrona International Debt-to-EBITDA Historical Data

The historical data trend for AirTrona International'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.

AirTrona International Debt-to-EBITDA Chart

AirTrona International Annual Data
Trend Nov06 Nov07 Nov08 Nov09 Nov10
Debt-to-EBITDA
- - -0.08 - -

AirTrona International Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 May11 Aug11
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 -1.10 -1.06 - -0.18 -0.27

Competitive Comparison of AirTrona International's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, AirTrona International'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.


AirTrona International's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AirTrona International's Debt-to-EBITDA distribution charts can be found below:

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



AirTrona International Debt-to-EBITDA Calculation

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

AirTrona International's Debt-to-EBITDA for the fiscal year that ended in Nov. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.258
=0.00

AirTrona International's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.045 + 0.082) / -0.464
=-0.27

* 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 (Aug. 2011) EBITDA data.


AirTrona International  (OTCPK:ARTR) 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.


AirTrona International Debt-to-EBITDA Related Terms

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AirTrona International (AirTrona International) Business Description

Traded in Other Exchanges
N/A
Address
1040 South Service Road, Suite 102, Stoney Creek, ON, CAN, L8E 6G3
AirTrona International Inc provides commercial and industrial high-grade ozone generators for commercial, industrial and residential applications, including ozone sanitization and ozone laundry systems.

AirTrona International (AirTrona International) Headlines

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