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Consolidated Global Investments (ASX:CGI) Debt-to-EBITDA : -0.68 (As of Jun. 2014)


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What is Consolidated Global Investments Debt-to-EBITDA?

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

Consolidated Global Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$0.42 Mil. Consolidated Global Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was A$0.00 Mil. Consolidated Global Investments's annualized EBITDA for the quarter that ended in Jun. 2014 was A$-0.61 Mil. Consolidated Global Investments's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 was -0.68.

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 Consolidated Global Investments's Debt-to-EBITDA or its related term are showing as below:

ASX:CGI's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Consolidated Global Investments Debt-to-EBITDA Historical Data

The historical data trend for Consolidated Global Investments'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.

Consolidated Global Investments Debt-to-EBITDA Chart

Consolidated Global Investments Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.71 -1.39 -0.57 -0.40 -0.68

Consolidated Global Investments Semi-Annual Data
Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
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 -4.71 -1.39 -0.57 -0.40 -0.68

Competitive Comparison of Consolidated Global Investments's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Consolidated Global Investments'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.


Consolidated Global Investments's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Consolidated Global Investments's Debt-to-EBITDA falls into.



Consolidated Global Investments Debt-to-EBITDA Calculation

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

Consolidated Global Investments's Debt-to-EBITDA for the fiscal year that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.418 + 0) / -0.612
=-0.68

Consolidated Global Investments's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.418 + 0) / -0.612
=-0.68

* 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 one times the quarterly (Jun. 2014) EBITDA data.


Consolidated Global Investments  (ASX:CGI) 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.


Consolidated Global Investments Debt-to-EBITDA Related Terms

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


Consolidated Global Investments (ASX:CGI) Business Description

Traded in Other Exchanges
N/A
Address
Consolidated Global Investments Limited through its subsidiaries is engaged in mineral exploration, such as gold, copper, manganese & base metals. Its projects include Pilbara Project, Palm Springs Project, Ruby Plains & Wimba Hill, among others.

Consolidated Global Investments (ASX:CGI) Headlines

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