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Chase Packaging (Chase Packaging) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Chase Packaging Debt-to-EBITDA?

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

Chase Packaging's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Chase Packaging's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Chase Packaging's annualized EBITDA for the quarter that ended in Mar. 2024 was $-0.16 Mil. Chase Packaging'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 Chase Packaging's Debt-to-EBITDA or its related term are showing as below:

WHLT's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

Chase Packaging Debt-to-EBITDA Historical Data

The historical data trend for Chase Packaging'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.

Chase Packaging Debt-to-EBITDA Chart

Chase Packaging Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Chase Packaging Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Chase Packaging's Debt-to-EBITDA

For the Shell Companies subindustry, Chase Packaging'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.


Chase Packaging's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chase Packaging's Debt-to-EBITDA distribution charts can be found below:

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



Chase Packaging Debt-to-EBITDA Calculation

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

Chase Packaging's Debt-to-EBITDA for the fiscal year that ended in Dec. 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) / -0.072
=0.00

Chase Packaging'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) / -0.156
=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.


Chase Packaging  (OTCPK:WHLT) 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.


Chase Packaging Debt-to-EBITDA Related Terms

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


Chase Packaging (Chase Packaging) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 126, Rumson, NJ, USA, 07760
Chase Packaging Corp is a shell company.
Executives
John A Forbes director 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Matthew W Long director 2581 E KERCHER ROAD, GOSHEN IN 46528
Mark C Neilson director 1361 BRIDGEWATER WAY, MISHAWAKA IN 46545
Wayne A Whitener director 101 E. PARK BLVD. STE 955, PLANO TX 75074-0846
William J Barrett director, 10 percent owner, officer: Secretary 210 SUNDIAL COURT, VERO BEACH FL 32963
Allen T Mcinnes director, 10 percent owner, officer: President and CEO 4532 7TH STREET, LUBBOCK TX 79416
Herbert M Gardner director, 10 percent owner, officer: Vice President P O BOX 6199, FAIR HAVEN NJ 07704
Green Ann C W officer: CFO and Assistant Secretary 636 RIVER ROAD, FAIR HAVEN NJ 07704
Edward L Flynn director 211 SOMERVILLE ROAD RTE 202N, BEDMINISTER NJ 07921

Chase Packaging (Chase Packaging) Headlines

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