Stornoway Diamond (Stornoway Diamond) Debt-to-EBITDA : -0.27 (As of Jun. 2019)

Stornoway Diamond Debt-to-EBITDA Chart

Stornoway Diamond Annual Data
	Trend	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Dec16	Dec17	Dec18
Debt-to-EBITDA		Get a 7-Day Free Trial					-6.25	47.72	-9.35	-5.42	-2.61

Stornoway Diamond Quarterly Data
	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Debt-to-EBITDA	Get a 7-Day Free Trial															-6.65	-4.13	-0.77	27.51	-0.27

Competitive Comparison of Stornoway Diamond's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.

Stornoway Diamond's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Stornoway Diamond's Debt-to-EBITDA distribution charts can be found below:

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

Stornoway Diamond Debt-to-EBITDA Calculation

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

Stornoway Diamond's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Stornoway Diamond's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 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 four times the quarterly (Jun. 2019) EBITDA data.

Stornoway Diamond  (OTCPK:SWYDF) 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.

Stornoway Diamond Debt-to-EBITDA Related Terms

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

Stornoway Diamond (Stornoway Diamond) Business Description