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Summit Networks (Summit Networks) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Summit Networks Debt-to-EBITDA?

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

Summit Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Summit Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Summit Networks's annualized EBITDA for the quarter that ended in Mar. 2024 was $-0.25 Mil. Summit Networks's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 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 Summit Networks's Debt-to-EBITDA or its related term are showing as below:

SNTW's Debt-to-EBITDA is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.95
* Ranked among companies with meaningful Debt-to-EBITDA only.

Summit Networks Debt-to-EBITDA Historical Data

The historical data trend for Summit Networks'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.

Summit Networks Debt-to-EBITDA Chart

Summit Networks Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Sep21 Sep22 Sep23
Debt-to-EBITDA
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Summit Networks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Summit Networks's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Summit Networks'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.


Summit Networks's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Summit Networks's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Summit Networks's Debt-to-EBITDA falls into.



Summit Networks Debt-to-EBITDA Calculation

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

Summit Networks's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.165
=0.00

Summit Networks's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.252
=0.00

* 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 (Mar. 2024) EBITDA data.


Summit Networks  (OTCPK:SNTW) 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.


Summit Networks Debt-to-EBITDA Related Terms

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


Summit Networks (Summit Networks) Business Description

Traded in Other Exchanges
N/A
Address
3010-8888 Odlin Cresent, Richmond, BC, CAN, V6X 3Z8
Summit Networks Inc was engaged in the development and operation of a business engaged in the distribution of glass craft products produced in China. It is looking for new business opportunities. Currently, The company is in the early stage of development of Its new business plan which involves acting as an international agent through Their wholly-owned subsidiaries, Smith Barney, Green Energy, and Beijing ALW.
Executives
Chi Ming Tso 10 percent owner 3A, KINGSWELL COMMERCIAL TOWER,, 171-173 LOCKHART RD., WANCHAI, HONG KONG K3 HKG
Keun Harry Cheung 10 percent owner ROOM 1006, 10/F TIAN GARDEN, LIN HE EAST, GUANGDONG F4 00000
Hang Dennis Cheung 10 percent owner FLAT H, 5/F, BLOCK 2, WHAMPOA GARDEN, BAUHINIA MANSIONS, KOWLOON K3 00000
Yee Man Cheung 10 percent owner RM 1709, NORTH TOWER, ZHONGZHOU CENTRE, 1068 EAST XINGANG AVENUE,HAIZHU DISTRICT, GUANGDONG PROVINCE F4 00000
Qiuli Chen director 1709 NORTH TOWER ZHONGZHOU CENTRE, 1068 EAST ROAD HAIZU DISTRICT, GUANGZHOU, GUANGDONG F4 00000
Riggs Cheung director, officer: President 41 BOBOLINK LANE, LEVITTOWN NY 11756

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