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Affinity Beverage Group (Affinity Beverage Group) Debt-to-EBITDA : -0.44 (As of Sep. 2006)


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What is Affinity Beverage Group Debt-to-EBITDA?

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

Affinity Beverage Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.23 Mil. Affinity Beverage Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2006 was $0.00 Mil. Affinity Beverage Group's annualized EBITDA for the quarter that ended in Sep. 2006 was $-0.52 Mil. Affinity Beverage Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2006 was -0.44.

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 Affinity Beverage Group's Debt-to-EBITDA or its related term are showing as below:

ABVG's Debt-to-EBITDA is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.985
* Ranked among companies with meaningful Debt-to-EBITDA only.

Affinity Beverage Group Debt-to-EBITDA Historical Data

The historical data trend for Affinity Beverage Group'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.

Affinity Beverage Group Debt-to-EBITDA Chart

Affinity Beverage Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Debt-to-EBITDA
Get a 7-Day Free Trial - - - 0.92 -1.41

Affinity Beverage Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 3.93 -0.28 -0.40 -0.37 -0.44

Competitive Comparison of Affinity Beverage Group's Debt-to-EBITDA

For the Beverages - Non-Alcoholic subindustry, Affinity Beverage Group'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.


Affinity Beverage Group's Debt-to-EBITDA Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Affinity Beverage Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Affinity Beverage Group's Debt-to-EBITDA falls into.



Affinity Beverage Group Debt-to-EBITDA Calculation

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

Affinity Beverage Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2005 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.287 + 0) / -0.914
=-1.41

Affinity Beverage Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2006 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.225 + 0) / -0.516
=-0.44

* 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. 2006) EBITDA data.


Affinity Beverage Group  (GREY:ABVG) 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.


Affinity Beverage Group Debt-to-EBITDA Related Terms

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


Affinity Beverage Group (Affinity Beverage Group) Business Description

Traded in Other Exchanges
N/A
Address
2360 Corporate Circle, Suite 400, Henderson, NV, USA, 89074
Affinity Beverage Group Inc is focused on branded consumer product acquisition opportunities in the health and wellness sector. The company primarily targets lifestyle brands, companies, and exclusive brand distribution rights focusing on traditional and non-traditional, healthy beverage options. It will also seek opportunities in young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements, and potential acquisition.

Affinity Beverage Group (Affinity Beverage Group) Headlines

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