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Breeze-Eastern (Breeze-Eastern) Debt-to-EBITDA : 0.57 (As of Sep. 2015)


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What is Breeze-Eastern Debt-to-EBITDA?

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

Breeze-Eastern's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Breeze-Eastern's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $10.98 Mil. Breeze-Eastern's annualized EBITDA for the quarter that ended in Sep. 2015 was $19.20 Mil. Breeze-Eastern's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 was 0.57.

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

BZC's Debt-to-EBITDA is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.34
* Ranked among companies with meaningful Debt-to-EBITDA only.

Breeze-Eastern Debt-to-EBITDA Historical Data

The historical data trend for Breeze-Eastern'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.

Breeze-Eastern Debt-to-EBITDA Chart

Breeze-Eastern Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 1.24 - - -

Breeze-Eastern Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 - - - - 0.57

Competitive Comparison of Breeze-Eastern's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Breeze-Eastern'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.


Breeze-Eastern's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Breeze-Eastern's Debt-to-EBITDA distribution charts can be found below:

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



Breeze-Eastern Debt-to-EBITDA Calculation

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

Breeze-Eastern's Debt-to-EBITDA for the fiscal year that ended in Mar. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 16.566
=0.00

Breeze-Eastern's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 10.981) / 19.2
=0.57

* 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. 2015) EBITDA data.


Breeze-Eastern  (AMEX:BZC) 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.


Breeze-Eastern Debt-to-EBITDA Related Terms

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


Breeze-Eastern (Breeze-Eastern) Business Description

Traded in Other Exchanges
N/A
Address
Breeze-Eastern Corp a Delaware corporation was organized in 1962. The Company designs, develops, manufactures, sells and services sophisticated engineered mission equipment for specialty aerospace and defense applications. Its core business is aerospace and defense products. The Company develops helicopter hoist and winch systems, including systems for the current generation of Sikorsky H-60 Blackhawk and Naval Hawk, Bell-Boeing V-22 Osprey, Boeing CH-47 Chinook, Dolphin, Changhe Z-11, Agusta Westland A-W109, AW119 and AW139 helicopter. It also designs, markets, sells and services a line of hydraulic and electric aircraft cargo winch system. Its external cargo hook systems are original equipment on military medium and heavy lift helicopters. Its latest designs incorporate load sensing and display technology and automatic load release features. It also manufactures cargo and aircraft tie-downs which are included in this product line. It makes static-line retrieval and cargo winches for military cargo aircraft including the Boeing C-17, Alenia C-27J and CASA CN-235 and CASA C-295. Its weapons handling systems include weapons handling equipment for land-based rocket launchers and munitions hoists for loading missiles and other loads using electric power or exchangeable battery packs. It supplies this equipment for the United States, Japanese and European Multiple-Launch Rocket Systems (MLRS) and the United States High Mobility Artillery Rocket System (HIMARS). It performs overhaul, repair and maintenance services for all of its products. These services are performed at its Whippany, New Jersey facility. It also has licensed third-party vendors to perform these services.
Executives
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Frederick Gerald Wasserman director 4 NOBADEER DRIVE, PENNINGTON NJ 08534
Russell M Sarachek director 4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
William H Alderman director C/O AVIATION SALES CO, 6905 N.W. 25TH ST, MIAMI FL 33122
Channel Partnership Ii L P 10 percent owner 450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123
Jay R Harris director
Gail Lieberman director 175 EAST 79TH STREET, APT. 4D, NEW YORK NY 10075
Joseph S Bracewell director WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190
John H Dalton director 50 OLD WEBSTER ROAD, OXFORD MA 01540

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