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HK Battery Technology (HK Battery Technology) Debt-to-EBITDA : 0.00 (As of Mar. 2016)


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What is HK Battery Technology Debt-to-EBITDA?

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

HK Battery Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0.00 Mil. HK Battery Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $0.00 Mil. HK Battery Technology's annualized EBITDA for the quarter that ended in Mar. 2016 was $-4.33 Mil. HK Battery Technology's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2016 was 0.00.

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 HK Battery Technology's Debt-to-EBITDA or its related term are showing as below:

HKBT's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 4.375
* Ranked among companies with meaningful Debt-to-EBITDA only.

HK Battery Technology Debt-to-EBITDA Historical Data

The historical data trend for HK Battery Technology'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.

HK Battery Technology Debt-to-EBITDA Chart

HK Battery Technology Annual Data
Trend Dec06 Dec07 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - -0.41 -1.65 -2.78 -

HK Battery Technology Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 -2.81 - - - -

Competitive Comparison of HK Battery Technology's Debt-to-EBITDA

For the Shell Companies subindustry, HK Battery Technology'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.


HK Battery Technology's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



HK Battery Technology Debt-to-EBITDA Calculation

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

HK Battery Technology's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -2.619
=0.00

HK Battery Technology's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -4.328
=0.00

* 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 (Mar. 2016) EBITDA data.


HK Battery Technology  (OTCPK:HKBT) 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.


HK Battery Technology Debt-to-EBITDA Related Terms

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


HK Battery Technology (HK Battery Technology) Business Description

Traded in Other Exchanges
N/A
Address
800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101
Website
HK Battery Technology Inc is a development stage company.
Executives
John N Braca director C/O SENESCO TECHNOLOGIES INC, 303 GEORGE ST STE 420, NEW BRUNSWICK NJ 08901
David Rector director, officer: CEO, President, Sec. & Treasur
David C. Mathewson director, 10 percent owner, officer: President 1265 MESA DRIVE, FERNLEY NV 89408

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