GURUFOCUS.COM » STOCK LIST » Octopus Eclipse VCT 2 PLC (LSE:OEC2) » Definitions » Debt-to-EBITDA

Octopus Eclipse VCT 2 (LSE:OEC2) Debt-to-EBITDA : 0.00 (As of Jul. 2012)


View and export this data going back to . Start your Free Trial

What is Octopus Eclipse VCT 2 Debt-to-EBITDA?

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

Octopus Eclipse VCT 2's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2012 was £0.00 Mil. Octopus Eclipse VCT 2's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2012 was £0.00 Mil. Octopus Eclipse VCT 2's annualized EBITDA for the quarter that ended in Jul. 2012 was £-0.16 Mil. Octopus Eclipse VCT 2's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2012 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 Octopus Eclipse VCT 2's Debt-to-EBITDA or its related term are showing as below:

LSE:OEC2's Debt-to-EBITDA is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Debt-to-EBITDA only.

Octopus Eclipse VCT 2 Debt-to-EBITDA Historical Data

The historical data trend for Octopus Eclipse VCT 2'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.

Octopus Eclipse VCT 2 Debt-to-EBITDA Chart

Octopus Eclipse VCT 2 Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Debt-to-EBITDA
Get a 7-Day Free Trial - - - - -

Octopus Eclipse VCT 2 Semi-Annual Data
Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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 - - - - -

Competitive Comparison of Octopus Eclipse VCT 2's Debt-to-EBITDA

For the subindustry, Octopus Eclipse VCT 2'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.


Octopus Eclipse VCT 2's Debt-to-EBITDA Distribution in the Industry

For the industry and sector, Octopus Eclipse VCT 2's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Octopus Eclipse VCT 2's Debt-to-EBITDA falls into.



Octopus Eclipse VCT 2 Debt-to-EBITDA Calculation

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

Octopus Eclipse VCT 2's Debt-to-EBITDA for the fiscal year that ended in Jan. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.199
=0.00

Octopus Eclipse VCT 2's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2012 is calculated as

* 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 two times the quarterly (Jul. 2012) EBITDA data.


Octopus Eclipse VCT 2  (LSE:OEC2) 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.


Octopus Eclipse VCT 2 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Octopus Eclipse VCT 2's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Octopus Eclipse VCT 2 (LSE:OEC2) Business Description

Traded in Other Exchanges
N/A
Address
Octopus Eclipse VCT 2 PLC is a venture capital trust which aims to provide shareholders with attractive tax-free dividends and long-term capital growth, by investing in a diverse portfolio of unquoted and AIM-quoted companies.

Octopus Eclipse VCT 2 (LSE:OEC2) Headlines

No Headlines