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Ten Network Holdings (ASX:TEN) Debt-to-EBITDA : -0.17 (As of Feb. 2017)


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What is Ten Network Holdings Debt-to-EBITDA?

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

Ten Network Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2017 was A$73.8 Mil. Ten Network Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2017 was A$0.0 Mil. Ten Network Holdings's annualized EBITDA for the quarter that ended in Feb. 2017 was A$-433.7 Mil. Ten Network Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2017 was -0.17.

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 Ten Network Holdings's Debt-to-EBITDA or its related term are showing as below:

ASX:TEN's Debt-to-EBITDA is not ranked *
in the Media - Diversified industry.
Industry Median: 1.67
* Ranked among companies with meaningful Debt-to-EBITDA only.

Ten Network Holdings Debt-to-EBITDA Historical Data

The historical data trend for Ten Network Holdings'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.

Ten Network Holdings Debt-to-EBITDA Chart

Ten Network Holdings Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.78 -0.52 -0.72 -0.57 -0.75

Ten Network Holdings Semi-Annual Data
Aug07 Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17
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 -0.24 -2.44 0.76 -0.29 -0.17

Competitive Comparison of Ten Network Holdings's Debt-to-EBITDA

For the Broadcasting subindustry, Ten Network Holdings'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.


Ten Network Holdings's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ten Network Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ten Network Holdings's Debt-to-EBITDA falls into.



Ten Network Holdings Debt-to-EBITDA Calculation

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

Ten Network Holdings's Debt-to-EBITDA for the fiscal year that ended in Aug. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 90.2) / -120.059
=-0.75

Ten Network Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(73.775 + 0) / -433.692
=-0.17

* 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 two times the quarterly (Feb. 2017) EBITDA data.


Ten Network Holdings  (ASX:TEN) 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.


Ten Network Holdings Debt-to-EBITDA Related Terms

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


Ten Network Holdings (ASX:TEN) Business Description

Traded in Other Exchanges
N/A
Address
Ten Network operates the third-ranked (ratings and revenue share) free-to-air television network in Australia, spread across five capital cities. Similar to its peers in the industry, the company also operates the One and Eleven secondary channels, which are complementary to the main Ten channel.

Ten Network Holdings (ASX:TEN) Headlines