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Thinkpath (Thinkpath) Debt-to-EBITDA : 4.78 (As of Sep. 2007)


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What is Thinkpath Debt-to-EBITDA?

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

Thinkpath's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2007 was $4.20 Mil. Thinkpath's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2007 was $1.08 Mil. Thinkpath's annualized EBITDA for the quarter that ended in Sep. 2007 was $1.10 Mil. Thinkpath's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2007 was 4.78.

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 Thinkpath's Debt-to-EBITDA or its related term are showing as below:

THPHF's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.31
* Ranked among companies with meaningful Debt-to-EBITDA only.

Thinkpath Debt-to-EBITDA Historical Data

The historical data trend for Thinkpath'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.

Thinkpath Debt-to-EBITDA Chart

Thinkpath Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 0.20 0.81 -2.00 -0.51

Thinkpath Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.34 -0.15 1.13 1.57 4.78

Competitive Comparison of Thinkpath's Debt-to-EBITDA

For the Engineering & Construction subindustry, Thinkpath'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.


Thinkpath's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thinkpath's Debt-to-EBITDA distribution charts can be found below:

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



Thinkpath Debt-to-EBITDA Calculation

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

Thinkpath's Debt-to-EBITDA for the fiscal year that ended in Dec. 2006 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.825 + 0.731) / -3.076
=-0.51

Thinkpath's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2007 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.199 + 1.079) / 1.104
=4.78

* 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. 2007) EBITDA data.


Thinkpath  (GREY:THPHF) 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.


Thinkpath Debt-to-EBITDA Related Terms

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


Thinkpath (Thinkpath) Business Description

Traded in Other Exchanges
N/A
Address
365 Evans Avenue, Suite 602, Toronto, ON, CAN, M8Z 1K2
Thinkpath Inc provides customized engineering solutions with a wide range of support services guaranteeing timely, efficient and cost-effective completion of projects in numerous and varied industries. The company's customized solutions include Engineering & Design Services, Technical Publishing & Documentation and On-site Engineering Support.

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