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Alpha Technologies Group (Alpha Technologies Group) Debt-to-EBITDA : 4.66 (As of Jul. 2004)


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What is Alpha Technologies Group Debt-to-EBITDA?

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

Alpha Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2004 was $21.60 Mil. Alpha Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2004 was $0.00 Mil. Alpha Technologies Group's annualized EBITDA for the quarter that ended in Jul. 2004 was $4.64 Mil. Alpha Technologies Group's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2004 was 4.66.

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

AHAG's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.805
* Ranked among companies with meaningful Debt-to-EBITDA only.

Alpha Technologies Group Debt-to-EBITDA Historical Data

The historical data trend for Alpha Technologies 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.

Alpha Technologies Group Debt-to-EBITDA Chart

Alpha Technologies Group Annual Data
Trend Oct94 Oct95 Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.28 3.62 -2.12 -2.08

Alpha Technologies Group Quarterly Data
Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04
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 -0.44 11.20 7.39 6.22 4.66

Competitive Comparison of Alpha Technologies Group's Debt-to-EBITDA

For the Electronic Components subindustry, Alpha Technologies 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.


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

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

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



Alpha Technologies Group Debt-to-EBITDA Calculation

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

Alpha Technologies Group's Debt-to-EBITDA for the fiscal year that ended in Oct. 2003 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1 + 21.35) / -10.766
=-2.08

Alpha Technologies Group's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2004 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.6 + 0) / 4.636
=4.66

* 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 (Jul. 2004) EBITDA data.


Alpha Technologies Group  (OTCPK:AHAG) 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.


Alpha Technologies Group Debt-to-EBITDA Related Terms

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


Alpha Technologies Group (Alpha Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
11990 San Vicente Blvd., Suite 350, Los Angeles, CA, USA, 90049
Alpha Technologies Group Inc designs and produces thermal-management products, which dissipate unwanted heat from electronic components.
Executives
Donald K Grierson director 8423 MIDNIGHT PASS ROAD, SARASOTA FL 34242

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