GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Promithian Global Ventures Inc (OTCPK:PGVI) » Definitions » Debt-to-EBITDA

Promithian Global Ventures (Promithian Global Ventures) Debt-to-EBITDA : 0.00 (As of Dec. 2009)


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

What is Promithian Global Ventures Debt-to-EBITDA?

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

Promithian Global Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2009 was $0.00 Mil. Promithian Global Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2009 was $0.00 Mil. Promithian Global Ventures's annualized EBITDA for the quarter that ended in Dec. 2009 was $-0.04 Mil. Promithian Global Ventures's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2009 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 Promithian Global Ventures's Debt-to-EBITDA or its related term are showing as below:

PGVI's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Promithian Global Ventures Debt-to-EBITDA Historical Data

The historical data trend for Promithian Global Ventures'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.

Promithian Global Ventures Debt-to-EBITDA Chart

Promithian Global Ventures Annual Data
Trend Mar09
Debt-to-EBITDA
-0.08

Promithian Global Ventures Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Debt-to-EBITDA Get a 7-Day Free Trial -0.04 -0.06 -0.03 - -

Competitive Comparison of Promithian Global Ventures's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Promithian Global Ventures'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.


Promithian Global Ventures's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Promithian Global Ventures's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Promithian Global Ventures's Debt-to-EBITDA falls into.



Promithian Global Ventures Debt-to-EBITDA Calculation

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

Promithian Global Ventures's Debt-to-EBITDA for the fiscal year that ended in Mar. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.004 + 0) / -0.053
=-0.08

Promithian Global Ventures's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2009 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 four times the quarterly (Dec. 2009) EBITDA data.


Promithian Global Ventures  (OTCPK:PGVI) 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.


Promithian Global Ventures Debt-to-EBITDA Related Terms

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


Promithian Global Ventures (Promithian Global Ventures) Business Description

Traded in Other Exchanges
N/A
Address
406 E. 300 S., Suite 149, Salt Lake City, UT, USA, 84111
Promithian Global Ventures Inc is a precious metals exploration, development, mining, and refining company. The company focuses on gold and silver assets in Nevada, USA, and Yukon, Canada. the company is currently having its aboso project going on where the focus is on gold mining and refining in different areas.

Promithian Global Ventures (Promithian Global Ventures) Headlines

No Headlines