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China CGame (China CGame) Debt-to-EBITDA : -22.53 (As of Sep. 2011)


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What is China CGame Debt-to-EBITDA?

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

China CGame's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $28.12 Mil. China CGame's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $9.27 Mil. China CGame's annualized EBITDA for the quarter that ended in Sep. 2011 was $-1.66 Mil. China CGame's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 was -22.53.

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

CCGM's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.3
* Ranked among companies with meaningful Debt-to-EBITDA only.

China CGame Debt-to-EBITDA Historical Data

The historical data trend for China CGame'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.

China CGame Debt-to-EBITDA Chart

China CGame Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.37 0.34 30.57 9.23 -1.25

China CGame Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -5.75 -0.30 -3.61 -18.13 -22.53

Competitive Comparison of China CGame's Debt-to-EBITDA

For the Engineering & Construction subindustry, China CGame'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.


China CGame's Debt-to-EBITDA Distribution in the Construction Industry

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

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



China CGame Debt-to-EBITDA Calculation

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

China CGame's Debt-to-EBITDA for the fiscal year that ended in Dec. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.281 + 6.336) / -10.112
=-1.25

China CGame's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(28.119 + 9.274) / -1.66
=-22.53

* 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 (Sep. 2011) EBITDA data.


China CGame  (OTCPK:CCGM) 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.


China CGame Debt-to-EBITDA Related Terms

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


China CGame (China CGame) Business Description

Traded in Other Exchanges
N/A
Address
Research Building, No.801 Wuzhong Road, Changzhou Science and Education Industrial Park, Wujin District, Changzhou, Jiangsu, CHN, 213164
China CGame Inc through its subsidiaries, is engaged in the design, manufacturing, installation and maintenance of structural glass and light structure building systems in China, Australia, southeast Asia, the Middle East, and the United States.
Executives
G Michael Bennett officer: Vice President of Finance 4/F, NO. 3 JINYUAN ROAD, DAXING DISTRICT INDUSTRIAL DEVELOPMENT A, BEIJING F4 102600

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