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Manaris 2010 (Manaris 2010) Debt-to-EBITDA : 22.81 (As of Mar. 2009)


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What is Manaris 2010 Debt-to-EBITDA?

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

Manaris 2010's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2009 was $3.61 Mil. Manaris 2010's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2009 was $1.51 Mil. Manaris 2010's annualized EBITDA for the quarter that ended in Mar. 2009 was $0.22 Mil. Manaris 2010's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2009 was 22.81.

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 Manaris 2010's Debt-to-EBITDA or its related term are showing as below:

AVNY's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.965
* Ranked among companies with meaningful Debt-to-EBITDA only.

Manaris 2010 Debt-to-EBITDA Historical Data

The historical data trend for Manaris 2010'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.

Manaris 2010 Debt-to-EBITDA Chart

Manaris 2010 Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Debt-to-EBITDA
Get a 7-Day Free Trial -0.08 -1.03 -0.58 -2.25 -1.05

Manaris 2010 Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 -4.45 -0.78 -4.11 -0.11 22.81

Competitive Comparison of Manaris 2010's Debt-to-EBITDA

For the Shell Companies subindustry, Manaris 2010'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.


Manaris 2010's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Manaris 2010's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Manaris 2010's Debt-to-EBITDA falls into.



Manaris 2010 Debt-to-EBITDA Calculation

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

Manaris 2010's Debt-to-EBITDA for the fiscal year that ended in Jun. 2008 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.122 + 1.491) / -1.532
=-1.05

Manaris 2010's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.605 + 1.505) / 0.224
=22.81

* 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 (Mar. 2009) EBITDA data.


Manaris 2010  (OTCPK:AVNY) 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.


Manaris 2010 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Manaris 2010's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Manaris 2010 (Manaris 2010) Business Description

Traded in Other Exchanges
N/A
Address
400 Montpellier Boulevard, Montreal, QC, CAN, H4N 2G7
Website
Manaris 2010 Corp is a shell company with no operations.
Executives
Cherry Lim director 740, ST-MAURICE STREET, SUITE 102, MONTREAL A8 H3C 1L5

Manaris 2010 (Manaris 2010) Headlines

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