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Patient Access Solutions (Patient Access Solutions) Debt-to-EBITDA : -0.13 (As of Jul. 2008)


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What is Patient Access Solutions Debt-to-EBITDA?

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

Patient Access Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2008 was $0.75 Mil. Patient Access Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2008 was $0.69 Mil. Patient Access Solutions's annualized EBITDA for the quarter that ended in Jul. 2008 was $-11.43 Mil. Patient Access Solutions's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2008 was -0.13.

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 Patient Access Solutions's Debt-to-EBITDA or its related term are showing as below:

PASO's Debt-to-EBITDA is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.55
* Ranked among companies with meaningful Debt-to-EBITDA only.

Patient Access Solutions Debt-to-EBITDA Historical Data

The historical data trend for Patient Access Solutions'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.

Patient Access Solutions Debt-to-EBITDA Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
Debt-to-EBITDA
- -0.22 N/A

Patient Access Solutions Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08
Debt-to-EBITDA Get a 7-Day Free Trial - 0.01 -0.36 -0.50 -0.13

Competitive Comparison of Patient Access Solutions's Debt-to-EBITDA

For the Health Information Services subindustry, Patient Access Solutions'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.


Patient Access Solutions's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Patient Access Solutions's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Patient Access Solutions's Debt-to-EBITDA falls into.



Patient Access Solutions Debt-to-EBITDA Calculation

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

Patient Access Solutions's Debt-to-EBITDA for the fiscal year that ended in Oct. 2008 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.036 + 0) / N/A
=N/A

Patient Access Solutions's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2008 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.746 + 0.689) / -11.432
=-0.13

* 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 (Jul. 2008) EBITDA data.


Patient Access Solutions  (OTCPK:PASO) 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.


Patient Access Solutions Debt-to-EBITDA Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Traded in Other Exchanges
N/A
Address
150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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