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Axios Mobile Assets (Axios Mobile Assets) Debt-to-EBITDA : -0.96 (As of Sep. 2016)


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What is Axios Mobile Assets Debt-to-EBITDA?

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

Axios Mobile Assets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $2.98 Mil. Axios Mobile Assets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $5.47 Mil. Axios Mobile Assets's annualized EBITDA for the quarter that ended in Sep. 2016 was $-8.82 Mil. Axios Mobile Assets's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2016 was -0.96.

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 Axios Mobile Assets's Debt-to-EBITDA or its related term are showing as below:

AXBSF's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.795
* Ranked among companies with meaningful Debt-to-EBITDA only.

Axios Mobile Assets Debt-to-EBITDA Historical Data

The historical data trend for Axios Mobile Assets'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.

Axios Mobile Assets Debt-to-EBITDA Chart

Axios Mobile Assets Annual Data
Trend Sep08 Sep09 Sep10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
Get a 7-Day Free Trial - - -0.30 -1.69 -0.83

Axios Mobile Assets Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -1.06 -0.50 -0.58 -0.59 -0.96

Competitive Comparison of Axios Mobile Assets's Debt-to-EBITDA

For the Communication Equipment subindustry, Axios Mobile Assets'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.


Axios Mobile Assets's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Axios Mobile Assets's Debt-to-EBITDA distribution charts can be found below:

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



Axios Mobile Assets Debt-to-EBITDA Calculation

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

Axios Mobile Assets'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
=(2.086 + 2.188) / -5.159
=-0.83

Axios Mobile Assets's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.979 + 5.468) / -8.824
=-0.96

* 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. 2016) EBITDA data.


Axios Mobile Assets  (OTCPK:AXBSF) 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.


Axios Mobile Assets Debt-to-EBITDA Related Terms

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


Axios Mobile Assets (Axios Mobile Assets) Business Description

Traded in Other Exchanges
N/A
Address
30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8
Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets (Axios Mobile Assets) Headlines

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