Hunter Maritime Acquisition (Hunter Maritime Acquisition) Debt-to-EBITDA : -2.30 (As of Dec. 2018)

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What is Hunter Maritime Acquisition Debt-to-EBITDA?

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

Hunter Maritime Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.80 Mil. Hunter Maritime Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Hunter Maritime Acquisition's annualized EBITDA for the quarter that ended in Dec. 2018 was $-0.35 Mil. Hunter Maritime Acquisition's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was -2.30.

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 Hunter Maritime Acquisition's Debt-to-EBITDA or its related term are showing as below:

HNTWF's Debt-to-EBITDA is not ranked ^*
in the Credit Services industry.
Industry Median: 7.565
* Ranked among companies with meaningful Debt-to-EBITDA only.

Hunter Maritime Acquisition Debt-to-EBITDA Historical Data

The historical data trend for Hunter Maritime Acquisition'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.

Hunter Maritime Acquisition Debt-to-EBITDA Chart

Hunter Maritime Acquisition Annual Data

Trend

Dec16

Dec17

Dec18

Debt-to-EBITDA

1.50

Hunter Maritime Acquisition Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-	-	-	-2.30

Competitive Comparison of Hunter Maritime Acquisition's Debt-to-EBITDA

For the Credit Services subindustry, Hunter Maritime Acquisition'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.

Hunter Maritime Acquisition's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hunter Maritime Acquisition's Debt-to-EBITDA distribution charts can be found below:

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

Hunter Maritime Acquisition Debt-to-EBITDA Calculation

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

Hunter Maritime Acquisition'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
	=	(0.8	+	0)	/	0.534
	=	1.50

Hunter Maritime Acquisition's annualized Debt-to-EBITDA for the quarter 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
	=	(0.8	+	0)	/	-0.348
	=	-2.30

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 two times the quarterly (Dec. 2018) EBITDA data.

Hunter Maritime Acquisition (OTCPK:HNTWF) 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.

Hunter Maritime Acquisition Debt-to-EBITDA Related Terms

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

Hunter Maritime Acquisition (Hunter Maritime Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Hunter Maritime Acquisition Corp (OTCPK:HNTWF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Xiaoyun Road, Tower A, WangXin Building, Chaoyang District, Beijing, CHN, 100027

Website

Hunter Maritime Acquisition Corp is a fintech company in China, primarily focused on connecting investors and borrowers, providing multi-scenario investment analysis to platform users to meet their diversified investment needs, and building an ecosystem in the field of internet finance. It also provide technical support for borrowers when they announce their financing needs. It operates an online marketplace under the brand name of Wangxin Puhui through its subsidiary Beijing Oriental. The company generate revenues primarily from transaction and service fees, and sales commission fees charged for the its services. It also charge investor service fees for using its smart matching tool or investment reservation tool.

Hunter Maritime Acquisition (Hunter Maritime Acquisition) Headlines

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