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Green Envirotech Holdings (Green Envirotech Holdings) Debt-to-EBITDA : -2.41 (As of Sep. 2019)


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What is Green Envirotech Holdings Debt-to-EBITDA?

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

Green Envirotech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $2.76 Mil. Green Envirotech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Green Envirotech Holdings's annualized EBITDA for the quarter that ended in Sep. 2019 was $-1.14 Mil. Green Envirotech Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 was -2.41.

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 Green Envirotech Holdings's Debt-to-EBITDA or its related term are showing as below:

GETH's Debt-to-EBITDA is not ranked *
in the Waste Management industry.
Industry Median: 3.5
* Ranked among companies with meaningful Debt-to-EBITDA only.

Green Envirotech Holdings Debt-to-EBITDA Historical Data

The historical data trend for Green Envirotech Holdings'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.

Green Envirotech Holdings Debt-to-EBITDA Chart

Green Envirotech Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -1.43 -0.96 -0.82 -1.10

Green Envirotech Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -1.99 -0.49 -1.32 -2.46 -2.41

Competitive Comparison of Green Envirotech Holdings's Debt-to-EBITDA

For the Waste Management subindustry, Green Envirotech Holdings'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.


Green Envirotech Holdings's Debt-to-EBITDA Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Green Envirotech Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Green Envirotech Holdings Debt-to-EBITDA Calculation

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

Green Envirotech Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.675 + 0.038) / -2.46
=-1.10

Green Envirotech Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.759 + 0) / -1.144
=-2.41

* 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. 2019) EBITDA data.


Green Envirotech Holdings  (OTCPK:GETH) 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.


Green Envirotech Holdings Debt-to-EBITDA Related Terms

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


Green Envirotech Holdings (Green Envirotech Holdings) Business Description

Traded in Other Exchanges
N/A
Address
14699 Holman Mountain Road, Jamestown, CA, USA, 95327
Green Envirotech Holdings Corp is a green technology company. It is engaged in transforming unusable scrap tires into valuable end products carbon black, oil and steel. It has developed a proprietary process to convert end-of-life tires and unrecyclable waste plastics into a high-grade blendstock oil using proven pyrolysis technology.
Executives
Christopher P Bowers director, 10 percent owner, officer: CEO C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Christopher Richard Smith 10 percent owner HENVILLE BUILDING PRINCE CHARLES STREET CHARLESTOWN U7 00000
Wayne H. Leggett director, officer: CFO 1315 E. BARBARA DRIVE TEMPE AZ 85281

Green Envirotech Holdings (Green Envirotech Holdings) Headlines

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