ATAR (Avatar Ventures) Debt-to-EBITDA : (As of Oct. 2016)

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What is Avatar Ventures Debt-to-EBITDA?

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

Avatar Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2016 was $0.00 Mil. Avatar Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2016 was $0.02 Mil. Avatar Ventures's annualized EBITDA for the quarter that ended in Oct. 2016 was $-0.08 Mil. Avatar Ventures's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2016 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 Avatar Ventures's Debt-to-EBITDA or its related term are showing as below:

ATAR's Debt-to-EBITDA is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.275
* Ranked among companies with meaningful Debt-to-EBITDA only.

Avatar Ventures  (OTCPK:ATAR) 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.


Avatar Ventures Debt-to-EBITDA Related Terms


Avatar Ventures Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Avatar Ventures'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.

Avatar Ventures Debt-to-EBITDA Chart

Avatar Ventures Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Debt-to-EBITDA
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Avatar Ventures Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
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ATAR vs PFTI, OMTK, FNHI: Debt-to-EBITDA Comparison

For the Auto Parts subindustry, Avatar Ventures'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.


Avatar Ventures Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Avatar Ventures's Debt-to-EBITDA distribution charts can be found below:

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



Avatar Ventures Debt-to-EBITDA Calculation

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

Avatar Ventures's Debt-to-EBITDA for the fiscal year that ended in Jul. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.01607) / -0.076085
=-0.21

Avatar Ventures's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.01708) / -0.078748
=-0.22

* 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 (Oct. 2016) EBITDA data.


Avatar Ventures Business Description

Address 27281 Las Ramblas, Suite 200, Mission Viejo, CA, USA, 92691
Avatar Ventures Corp intends to be a developer of aftermarket electronic accessories for consumer motor vehicles.