BLSP (Blue Sphere) Debt-to-EBITDA : 4.51 (As of Dec. 2018)

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What is Blue Sphere Debt-to-EBITDA?

Blue Sphere BLSP Debt-to-EBITDA is 4.51 as of Dec. 2018.

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

Blue Sphere's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $13.25 Mil. Blue Sphere's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $14.66 Mil. Blue Sphere's annualized EBITDA for the quarter that ended in Dec. 2018 was $6.20 Mil. Blue Sphere's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was 4.50.

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

BLSP's Debt-to-EBITDA is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 4.59
* Ranked among companies with meaningful Debt-to-EBITDA only.

Blue Sphere  (OTCPK:BLSP) 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.


Blue Sphere Debt-to-EBITDA Related Terms


Blue Sphere Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Blue Sphere'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.

Blue Sphere Debt-to-EBITDA Chart

Blue Sphere Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.13 -1.21 -7.35 -20.24

Blue Sphere Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -9.05 -12.25 -22.03 -10.86 4.51

BLSP vs PRHL, ARAO, PWCO: Debt-to-EBITDA Comparison

For the Utilities - Renewable subindustry, Blue Sphere'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.


Blue Sphere Debt-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Blue Sphere's Debt-to-EBITDA distribution charts can be found below:

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



Blue Sphere Debt-to-EBITDA Calculation

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

Blue Sphere's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(13.252 + 14.658) / -1.379
=-20.24

Blue Sphere's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(13.252 + 14.658) / 6.196
=4.50

* 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. 2018) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.51 mean?
Blue Sphere (BLSP) has a Debt-to-EBITDA of 4.51 as of Dec. 2018. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Blue Sphere.
Is Blue Sphere's Debt-to-EBITDA too high?
Blue Sphere's current Debt-to-EBITDA is 4.51. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.59. Blue Sphere's value of 4.51 is 1.7% below this industry median.
How does Blue Sphere's Debt-to-EBITDA compare to PRHL and ARAO?
Blue Sphere's Debt-to-EBITDA of 4.51 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Debt-to-EBITDA is 4.59. Blue Sphere's value of 4.51 is 1.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.59, based on 339 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blue Sphere's current Debt-to-EBITDA of 4.51 is 1.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Blue Sphere. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Sphere's current Debt-to-EBITDA is 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Sphere stock overvalued right now?
Blue Sphere (BLSP) has a current Debt-to-EBITDA of 4.51. The current Debt-to-EBITDA is 4.51 and 1.7% below the Utilities - Independent Power Producers industry median of 4.59. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Blue Sphere (BLSP), the current Debt-to-EBITDA is 4.51 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blue Sphere Business Description

Address 301 McCullough Drive, 4th Floor, Charlotte, NC, USA, 28262
Blue Sphere Corp is an international clean-tech independent power producer that develops, owns and manages waste-to-energy facilities. It focuses on developing or acquiring projects with clean energy technologies, including waste-to-energy facilities that generate clean energy, such as electricity, natural gas, heat, soil amendment and other by-products. Geographically operates the project in the region of United States, Italy, and Israel.