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Centennial Specialty Foods (Centennial Specialty Foods) Debt-to-EBITDA : -2.83 (As of Jun. 2005)


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What is Centennial Specialty Foods Debt-to-EBITDA?

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

Centennial Specialty Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2005 was $0.00 Mil. Centennial Specialty Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2005 was $2.53 Mil. Centennial Specialty Foods's annualized EBITDA for the quarter that ended in Jun. 2005 was $-0.89 Mil. Centennial Specialty Foods's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2005 was -2.83.

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 Centennial Specialty Foods's Debt-to-EBITDA or its related term are showing as below:

CHLE's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.14
* Ranked among companies with meaningful Debt-to-EBITDA only.

Centennial Specialty Foods Debt-to-EBITDA Historical Data

The historical data trend for Centennial Specialty Foods'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.

Centennial Specialty Foods Debt-to-EBITDA Chart

Centennial Specialty Foods Annual Data
Trend Dec03 Dec04
Debt-to-EBITDA
-95.59 -2.18

Centennial Specialty Foods Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 -2.84 -3.69 -2.58 -2.83

Competitive Comparison of Centennial Specialty Foods's Debt-to-EBITDA

For the Packaged Foods subindustry, Centennial Specialty Foods'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.


Centennial Specialty Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Centennial Specialty Foods's Debt-to-EBITDA distribution charts can be found below:

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



Centennial Specialty Foods Debt-to-EBITDA Calculation

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

Centennial Specialty Foods's Debt-to-EBITDA for the fiscal year that ended in Dec. 2004 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2.436) / -1.117
=-2.18

Centennial Specialty Foods's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2005 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2.526) / -0.892
=-2.83

* 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 (Jun. 2005) EBITDA data.


Centennial Specialty Foods  (OTCPK:CHLE) 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.


Centennial Specialty Foods Debt-to-EBITDA Related Terms

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


Centennial Specialty Foods (Centennial Specialty Foods) Business Description

Traded in Other Exchanges
N/A
Address
10700 E Geddes Avenue, Suite 170, Englewood, CO, USA, 80112-3861
Website
Centennial Specialty Foods Corp sells and distributes Southwestern sauces and food products. Its products include the bean products, green chili sauce, red chili sauce, refried beans and tamale products.
Executives
Gerald J Laber director C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504

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