Coil Tubing Technology (Coil Tubing Technology) Debt-to-EBITDA : -1.68 (As of Sep. 2015)

Coil Tubing Technology Debt-to-EBITDA Chart

Coil Tubing Technology Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Debt-to-EBITDA	Get a 7-Day Free Trial											0.36	2.79	-3.99	-28.32	-1.68

Competitive Comparison of Coil Tubing Technology's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Coil Tubing Technology'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.

Coil Tubing Technology's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coil Tubing Technology's Debt-to-EBITDA distribution charts can be found below:

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

Coil Tubing Technology Debt-to-EBITDA Calculation

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

Coil Tubing Technology's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Coil Tubing Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 is calculated as

* 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. 2015) EBITDA data.

Coil Tubing Technology  (OTCPK:CTBG) 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.

Coil Tubing Technology Debt-to-EBITDA Related Terms

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Coil Tubing Technology (Coil Tubing Technology) Business Description