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Healthcare Leadersome ETF (TSX:HHL) Debt-to-EBITDA : 0.00 (As of Jun. 2016)


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What is Healthcare Leadersome ETF Debt-to-EBITDA?

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

Healthcare Leadersome ETF's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. Healthcare Leadersome ETF's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2016 was C$0.00 Mil. Healthcare Leadersome ETF's annualized EBITDA for the quarter that ended in Jun. 2016 was C$6.14 Mil. Healthcare Leadersome ETF's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2016 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 Healthcare Leadersome ETF's Debt-to-EBITDA or its related term are showing as below:

TSX:HHL's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.33
* Ranked among companies with meaningful Debt-to-EBITDA only.

Healthcare Leadersome ETF Debt-to-EBITDA Historical Data

The historical data trend for Healthcare Leadersome ETF'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.

Healthcare Leadersome ETF Debt-to-EBITDA Chart

Healthcare Leadersome ETF Annual Data
Trend Dec14 Dec15
Debt-to-EBITDA
- -

Healthcare Leadersome ETF Semi-Annual Data
Dec14 Jun15 Dec15 Jun16
Debt-to-EBITDA N/A - - -

Competitive Comparison of Healthcare Leadersome ETF's Debt-to-EBITDA

For the Asset Management subindustry, Healthcare Leadersome ETF'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.


Healthcare Leadersome ETF's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Healthcare Leadersome ETF's Debt-to-EBITDA distribution charts can be found below:

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



Healthcare Leadersome ETF Debt-to-EBITDA Calculation

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

Healthcare Leadersome ETF's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Healthcare Leadersome ETF's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2016 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 (Jun. 2016) EBITDA data.


Healthcare Leadersome ETF  (TSX:HHL) 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.


Healthcare Leadersome ETF Debt-to-EBITDA Related Terms

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


Healthcare Leadersome ETF (TSX:HHL) Business Description

Traded in Other Exchanges
N/A
Address
Healthcare Leaders Income ETF is a closed-end fund. Its investment objectives are to provide unit holders with the opportunity for capital appreciation; monthly cash distributions; and lower overall volatility of portfolio returns.

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