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KGI Securities Co., (LSE:KGIS) Debt-to-EBITDA : 4.64 (As of Sep. 2012)


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What is KGI Securities Co., Debt-to-EBITDA?

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

KGI Securities Co.,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $265.1 Mil. KGI Securities Co.,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $105.2 Mil. KGI Securities Co.,'s annualized EBITDA for the quarter that ended in Sep. 2012 was $79.9 Mil. KGI Securities Co.,'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 was 4.63.

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 KGI Securities Co.,'s Debt-to-EBITDA or its related term are showing as below:

LSE:KGIS's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.325
* Ranked among companies with meaningful Debt-to-EBITDA only.

KGI Securities Co., Debt-to-EBITDA Historical Data

The historical data trend for KGI Securities Co.,'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.

KGI Securities Co., Debt-to-EBITDA Chart

KGI Securities Co., Annual Data
Trend Dec10 Dec11
Debt-to-EBITDA
5.78 3.36

KGI Securities Co., Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Debt-to-EBITDA Get a 7-Day Free Trial 8.25 10.39 3.67 4.91 4.64

Competitive Comparison of KGI Securities Co.,'s Debt-to-EBITDA

For the Capital Markets subindustry, KGI Securities Co.,'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.


KGI Securities Co.,'s Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, KGI Securities Co.,'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where KGI Securities Co.,'s Debt-to-EBITDA falls into.



KGI Securities Co., Debt-to-EBITDA Calculation

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

KGI Securities Co.,'s Debt-to-EBITDA for the fiscal year that ended in Dec. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(457.046 + 0) / 136.169
=3.36

KGI Securities Co.,'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(265.13 + 105.169) / 79.892
=4.63

* 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. 2012) EBITDA data.


KGI Securities Co.,  (LSE:KGIS) 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.


KGI Securities Co., Debt-to-EBITDA Related Terms

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KGI Securities Co., (LSE:KGIS) Business Description

Traded in Other Exchanges
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Address
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