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FCCC (FCIC) Debt-to-EBITDA : 55.00 (As of Dec. 2023)


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What is FCCC Debt-to-EBITDA?

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

FCCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil. FCCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. FCCC's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.00 Mil. FCCC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 55.00.

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

FCIC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.61   Med: -1.08   Max: -0.36
Current: -0.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of FCCC was -0.36. The lowest was -1.61. And the median was -1.08.

FCIC's Debt-to-EBITDA is ranked worse than
100% of 126 companies
in the Diversified Financial Services industry
Industry Median: 4.145 vs FCIC: -0.63

FCCC Debt-to-EBITDA Historical Data

The historical data trend for FCCC'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.

FCCC Debt-to-EBITDA Chart

FCCC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1.08 -0.36 -1.61

FCCC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.78 -0.81 -0.24 -0.67 55.00

Competitive Comparison of FCCC's Debt-to-EBITDA

For the Shell Companies subindustry, FCCC'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.


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

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

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



FCCC Debt-to-EBITDA Calculation

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

FCCC's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.2 + 0) / -0.124
=-1.61

FCCC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.22 + 0) / 0.004
=55.00

* 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 (Dec. 2023) EBITDA data.


FCCC  (OTCPK:FCIC) 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.


FCCC Debt-to-EBITDA Related Terms

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


FCCC (FCIC) Business Description

Traded in Other Exchanges
N/A
Address
40 Wall St, Floor 60, New York City, NY, USA, 10005
FCCC Inc is a shell company.
Executives
Frederick L Farrar director C/O WINDROSE MEDICAL PROPERTIES TRUST, 3502 WOODVIEW TRACE #210, INDIANAPOLIS IN 46268
Fnu Oudom director, 10 percent owner, officer: Chairman and President 7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
American Public Investment Co. 10 percent owner 7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
Caren D. Currier officer: Chief Financial Officer 7700 IRVINE CENTRE DRIVE, SUITE 800, IRVINE CA 92618
Huijun He 10 percent owner, officer: CEO and Vice President 7700 IRVINE CENTER DRIVE STE 800, IRVINE CA 92618
Chafre, Llc 10 percent owner 3502 WOODVIEW TRACE, SUITE 200, INDIANAPOLIS IN 46032
Fred Merritt director, 10 percent owner 14510 LIMA ROAD, FORT WAYNE IN 46818
Lfm Investments, Inc. 10 percent owner 3924 KITTY HAWK COURT, CARMEL IN 46033
Daniel R Loftus director, officer: Secretary 5210 HEATHROW HILLS DRIVE, BRENTWOOD TN 37027
Claudia B Carucci 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Uncle Mills Partners, Llc 10 percent owner 17 EAGLE ISLAND PLACE, SHELDON SC 29941-3017
Robert Edward Humphreys 10 percent owner PO BOX 990423, BOSTON MA 02199-0423
Zimmerman Bernard & Co Inc 10 percent owner, other: Affiliate of President of Co. 18 HIGH MEADOW ROAD, WESTON CT 06883
Carucci Walter P /ny 10 percent owner C/O CARR SECURITIES CORP, 14 VANDERVENTER AVENUE, SUITE 210, PORT WASHINGTON NY 11050
Lawrence R Yurdin director 431B N TRAIL, STRATFORD CT 06815

FCCC (FCIC) Headlines

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