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Firemans Contractors (Firemans Contractors) Debt-to-EBITDA : -2.11 (As of Mar. 2014)


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What is Firemans Contractors Debt-to-EBITDA?

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

Firemans Contractors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $0.38 Mil. Firemans Contractors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $0.00 Mil. Firemans Contractors's annualized EBITDA for the quarter that ended in Mar. 2014 was $-0.18 Mil. Firemans Contractors's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2014 was -2.11.

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

FRCN's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.31
* Ranked among companies with meaningful Debt-to-EBITDA only.

Firemans Contractors Debt-to-EBITDA Historical Data

The historical data trend for Firemans Contractors'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.

Firemans Contractors Debt-to-EBITDA Chart

Firemans Contractors Annual Data
Trend Jun11 Jun12 Jun13
Debt-to-EBITDA
-1.43 -0.34 -1.52

Firemans Contractors Quarterly Data
Mar10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -2.39 -1.90 -2.70 -1.07 -2.11

Competitive Comparison of Firemans Contractors's Debt-to-EBITDA

For the Engineering & Construction subindustry, Firemans Contractors'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.


Firemans Contractors's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Firemans Contractors's Debt-to-EBITDA distribution charts can be found below:

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



Firemans Contractors Debt-to-EBITDA Calculation

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

Firemans Contractors's Debt-to-EBITDA for the fiscal year that ended in Jun. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.494 + 0) / -0.325
=-1.52

Firemans Contractors's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.379 + 0) / -0.18
=-2.11

* 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 (Mar. 2014) EBITDA data.


Firemans Contractors  (OTCPK:FRCN) 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.


Firemans Contractors Debt-to-EBITDA Related Terms

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


Firemans Contractors (Firemans Contractors) Business Description

Traded in Other Exchanges
N/A
Address
2313 E Loop 820 N, Fort Worth, TX, USA, 76118
Firemans Contractors Inc is a full service painting company, focusing on residential, commercial and industrial parking lot striping, and parking lot maintenance services.

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