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Foodfest International 2000 (Foodfest International 2000) Debt-to-EBITDA : -1.27 (As of Sep. 2011)


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What is Foodfest International 2000 Debt-to-EBITDA?

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

Foodfest International 2000's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $1.19 Mil. Foodfest International 2000's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.10 Mil. Foodfest International 2000's annualized EBITDA for the quarter that ended in Sep. 2011 was $-1.01 Mil. Foodfest International 2000's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 was -1.27.

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 Foodfest International 2000's Debt-to-EBITDA or its related term are showing as below:

FDFT's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.145
* Ranked among companies with meaningful Debt-to-EBITDA only.

Foodfest International 2000 Debt-to-EBITDA Historical Data

The historical data trend for Foodfest International 2000'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.

Foodfest International 2000 Debt-to-EBITDA Chart

Foodfest International 2000 Annual Data
Trend Oct06 Oct07 Oct08 Oct09
Debt-to-EBITDA
N/A -0.52 0.73 -0.11

Foodfest International 2000 Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Dec10 Mar11 Jun11 Sep11
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 -0.15 -7.70 5.70 -1.55 -1.27

Competitive Comparison of Foodfest International 2000's Debt-to-EBITDA

For the Shell Companies subindustry, Foodfest International 2000'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.


Foodfest International 2000's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Foodfest International 2000's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Foodfest International 2000's Debt-to-EBITDA falls into.



Foodfest International 2000 Debt-to-EBITDA Calculation

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

Foodfest International 2000's Debt-to-EBITDA for the fiscal year that ended in Oct. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.066 + 0) / -0.599
=-0.11

Foodfest International 2000's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.189 + 0.1) / -1.012
=-1.27

* 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. 2011) EBITDA data.


Foodfest International 2000  (OTCPK:FDFT) 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.


Foodfest International 2000 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Foodfest International 2000's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Foodfest International 2000 (Foodfest International 2000) Business Description

Traded in Other Exchanges
N/A
Address
1016 9th Street, Coronado, CA, USA, 92118
Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

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