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Canal Capital (Canal Capital) Debt-to-EBITDA : 0.32 (As of Jul. 2012)


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What is Canal Capital Debt-to-EBITDA?

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

Canal Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2012 was $0.07 Mil. Canal Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2012 was $0.61 Mil. Canal Capital's annualized EBITDA for the quarter that ended in Jul. 2012 was $2.13 Mil. Canal Capital's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2012 was 0.32.

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

COWP's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Canal Capital Debt-to-EBITDA Historical Data

The historical data trend for Canal Capital'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.

Canal Capital Debt-to-EBITDA Chart

Canal Capital Annual Data
Trend Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.44 9.18 2.30 1.66 -2.30

Canal Capital Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12
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 -2.47 -1.89 -2.52 2.42 0.32

Competitive Comparison of Canal Capital's Debt-to-EBITDA

For the Real Estate - Development subindustry, Canal Capital'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.


Canal Capital's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Canal Capital's Debt-to-EBITDA distribution charts can be found below:

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



Canal Capital Debt-to-EBITDA Calculation

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

Canal Capital's Debt-to-EBITDA for the fiscal year that ended in Oct. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.106 + 1.306) / -0.614
=-2.30

Canal Capital's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.074 + 0.605) / 2.132
=0.32

* 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 (Jul. 2012) EBITDA data.


Canal Capital  (OTCPK:COWP) 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.


Canal Capital Debt-to-EBITDA Related Terms

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


Canal Capital (Canal Capital) Business Description

Traded in Other Exchanges
N/A
Address
4 Morris Street, Port Jefferson Station, New York, NY, USA, 11776
Website
Canal Capital Corp is engaged in stockyard operations and real estate business. It develops and restructures real estate lots surrounding its existing operating lease properties, stockyard operating properties & properties held for development or resale.
Executives
Asher B Edelman other: Member of 10% Group C/O PERINI CORP, 73 MT WAYTE AVE, FRAMINGHAM MA 01701

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