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Banneker (Banneker) Debt-to-EBITDA : -0.47 (As of Dec. 2000)


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What is Banneker Debt-to-EBITDA?

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

Banneker's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2000 was $1.14 Mil. Banneker's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2000 was $0.06 Mil. Banneker's annualized EBITDA for the quarter that ended in Dec. 2000 was $-2.55 Mil. Banneker's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2000 was -0.47.

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

BANI's Debt-to-EBITDA is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.615
* Ranked among companies with meaningful Debt-to-EBITDA only.

Banneker Debt-to-EBITDA Historical Data

The historical data trend for Banneker'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.

Banneker Debt-to-EBITDA Chart

Banneker Annual Data
Trend Mar98
Debt-to-EBITDA
0.71

Banneker Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00
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 - -0.17 -0.03 -0.36 -0.47

Competitive Comparison of Banneker's Debt-to-EBITDA

For the Luxury Goods subindustry, Banneker'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.


Banneker's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Banneker's Debt-to-EBITDA distribution charts can be found below:

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



Banneker Debt-to-EBITDA Calculation

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

Banneker's Debt-to-EBITDA for the fiscal year that ended in Mar. 2098 is calculated as

Banneker's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2000 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.143 + 0.064) / -2.552
=-0.47

* 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 (Dec. 2000) EBITDA data.


Banneker  (OTCPK:BANI) 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.


Banneker Debt-to-EBITDA Related Terms

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


Banneker (Banneker) Business Description

Traded in Other Exchanges
N/A
Address
1660 South Albion Street, Suite 318, Denver, CO, USA, 80222
Banneker Inc is designing and manufacturing different types of clocks and watches. The company is engaged in watch making and wholesale jewelry company founded on the basis of fashion, elegance, and watch design can all converge together to create a work of art.

Banneker (Banneker) Headlines

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