Forge Group (ASX:FGE) Debt-to-EBITDA : 0.22 (As of Jun. 2013)

View and export this data going back to . Start your Free Trial

What is Forge Group Debt-to-EBITDA?

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

Forge Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was A$11 Mil. Forge Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was A$15 Mil. Forge Group's annualized EBITDA for the quarter that ended in Jun. 2013 was A$116 Mil. Forge Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2013 was 0.22.

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

ASX:FGE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.22
Current: 0.22

During the past 7 years, the highest Debt-to-EBITDA Ratio of Forge Group was 0.22. The lowest was 0.00. And the median was 0.00.

ASX:FGE's Debt-to-EBITDA is not ranked
in the Construction industry.
Industry Median: 2.305 vs ASX:FGE: 0.22

Forge Group Debt-to-EBITDA Historical Data

The historical data trend for Forge 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.

Forge Group Debt-to-EBITDA Chart

Forge Group Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Debt-to-EBITDA

Get a 7-Day Free Trial

0.31

0.14

0.13

0.29

0.22

Forge Group Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
Debt-to-EBITDA	Get a 7-Day Free Trial			0.31	0.14	0.13	0.29	0.22

Competitive Comparison of Forge Group's Debt-to-EBITDA

For the Engineering & Construction subindustry, Forge 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.

Forge Group's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Forge Group's Debt-to-EBITDA distribution charts can be found below:

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

Forge Group Debt-to-EBITDA Calculation

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

Forge Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2013 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(11.139	+	14.547)	/	116.286
	=	0.22

Forge Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2013 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(11.139	+	14.547)	/	116.286
	=	0.22

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. 2013) EBITDA data.

Forge Group (ASX:FGE) 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.

Forge Group Debt-to-EBITDA Related Terms

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

Forge Group (ASX:FGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forge Group Ltd (ASX:FGE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.forgegroup.com.au

Forge Group Ltd provides construction, commercial building, engineering, maintenance and workshop fabrication services. Its operations are segmented into four areas - Minerals & Resources, Power, Construction and Asset Management. The Minerals & Resources segment provides a wide range of engineering, design and construction services for the mining and metals sector. The Power segment provides turnkey power generation solutions to the energy and utilities sectors. The Construction segment offers a suite of construction services that covers all disciplines including heavy civil, structural, mechanical, piping, tanks, electrical, instrumentation, and building. Further, the Asset Management segment offers various asset management services. The Company has operational footprints across Australia, North America, Africa and Asia.

Forge Group (ASX:FGE) Headlines

No Headlines