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Nesscap Energy (Nesscap Energy) Debt-to-EBITDA : -2.46 (As of Sep. 2016)


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What is Nesscap Energy Debt-to-EBITDA?

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

Nesscap Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.29 Mil. Nesscap Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $4.39 Mil. Nesscap Energy's annualized EBITDA for the quarter that ended in Sep. 2016 was $-1.90 Mil. Nesscap Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2016 was -2.46.

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

NCERF's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.78
* Ranked among companies with meaningful Debt-to-EBITDA only.

Nesscap Energy Debt-to-EBITDA Historical Data

The historical data trend for Nesscap Energy'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.

Nesscap Energy Debt-to-EBITDA Chart

Nesscap Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
Get a 7-Day Free Trial -1.82 -0.98 -2.61 -4.45 -1.71

Nesscap Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -13.49 -1.98 -7.14 -10.83 -2.46

Competitive Comparison of Nesscap Energy's Debt-to-EBITDA

For the Electronic Components subindustry, Nesscap Energy'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.


Nesscap Energy's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Nesscap Energy Debt-to-EBITDA Calculation

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

Nesscap Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.779 + 0.801) / -2.678
=-1.71

Nesscap Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.292 + 4.391) / -1.904
=-2.46

* 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. 2016) EBITDA data.


Nesscap Energy  (OTCPK:NCERF) 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.


Nesscap Energy Debt-to-EBITDA Related Terms

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


Nesscap Energy (Nesscap Energy) Business Description

Traded in Other Exchanges
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Address
Nesscap Energy, Inc was incorporated on August 2, 2007. It develops, manufactures and markets products called 'ultracapacitors' that store energy for power delivery systems which are used in transportation, industrial power, renewable energy and other consumer industries. Nesscap's wide-ranging products, from single-cell ultracapacitor products to multi-cell modules, are designed to meet the market demands for reliable energy storage and power platforms.

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