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Zoom Technologies (Zoom Technologies) Debt-to-EBITDA : -2.77 (As of Mar. 2014)


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What is Zoom Technologies Debt-to-EBITDA?

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

Zoom Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $3.47 Mil. Zoom Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2014 was $1.25 Mil. Zoom Technologies's annualized EBITDA for the quarter that ended in Mar. 2014 was $-1.70 Mil. Zoom Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2014 was -2.77.

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

ZTNO's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.8
* Ranked among companies with meaningful Debt-to-EBITDA only.

Zoom Technologies Debt-to-EBITDA Historical Data

The historical data trend for Zoom Technologies'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.

Zoom Technologies Debt-to-EBITDA Chart

Zoom Technologies Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 2.41 -4.36 -0.58 -1.35

Zoom Technologies Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -1.83 11.19 0.28 -0.61 -2.77

Competitive Comparison of Zoom Technologies's Debt-to-EBITDA

For the Communication Equipment subindustry, Zoom Technologies'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.


Zoom Technologies's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zoom Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Zoom Technologies Debt-to-EBITDA Calculation

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

Zoom Technologies's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.51 + 1.352) / -3.593
=-1.35

Zoom Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.465 + 1.248) / -1.7
=-2.77

* 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. 2014) EBITDA data.


Zoom Technologies  (OTCPK:ZTNO) 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.


Zoom Technologies Debt-to-EBITDA Related Terms

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


Zoom Technologies (Zoom Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Sanlitun SOHO, Building A, 11th Floor, No. 8 Worker Stadium North Road, Chaoyang District, Beijing, CHN, 10027
Zoom Technologies Inc designs, produces, markets, sales and supports broadband and dial-up modems, Voice over Internet Protocol or VoIP products and services, Bluetooth wireless products, and other communication-related products. It is engaged in mobile platform video game development, manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, GPS equipment, and related software products.
Executives
Anthony K Chan director, officer: Chief Financial Officer 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Frank Blase Manning director C/O ZOOM TELEPHONICS INC, 207 SOUTH STREET, BOSTON MA 02110
Peter Robin Kramer director
Joseph Donovan director C/O ZOOM TECHNOLOGIES INC, 207 SOUTH STREET, BOSTON MA 02111
J Ronald Woods director
Bernard Furman director
Terry Manning officer: VP Sales & Marketing
Deena M Randall officer: VP of Operations
Robert A Crist officer: CFO

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