CVST (Covista Communications) Debt-to-EBITDA : 0.08 (As of Apr. 2005)


What is Covista Communications Debt-to-EBITDA?

Covista Communications CVST -99.67% Debt-to-EBITDA is 0.08 as of Apr. 2005.

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

Covista Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2005 was $0.26 Mil. Covista Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2005 was $0.00 Mil. Covista Communications's annualized EBITDA for the quarter that ended in Apr. 2005 was $3.15 Mil. Covista Communications's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2005 was 0.08.

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

CVST's Debt-to-EBITDA is not ranked *
in the Telecommunication Services industry.
Industry Median: 2.01
* Ranked among companies with meaningful Debt-to-EBITDA only.

Covista Communications  (OTCPK:CVST) 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.

Covista Communications Debt-to-EBITDA Related Terms

Covista Communications Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Covista Communications'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.

Covista Communications Debt-to-EBITDA Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.63 -2.69 0.59 -0.78

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
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 -2.99 14.61 -0.21 0.21 0.08

CVST vs FULO, TWER, DTGI: Debt-to-EBITDA Comparison

For the Telecom Services subindustry, Covista Communications'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.

Covista Communications Debt-to-EBITDA vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Covista Communications's Debt-to-EBITDA distribution charts can be found below:

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


Covista Communications Debt-to-EBITDA Calculation

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

Covista Communications's Debt-to-EBITDA for the fiscal year that ended in Jan. 2005 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.573 + 0) / -0.738
=-0.78

Covista Communications's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2005 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.258 + 0) / 3.152
=0.08

* 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 (Apr. 2005) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.08 mean?
Covista Communications (CVST) has a Debt-to-EBITDA of 0.08 as of Apr. 2005. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Covista Communications.
Is Covista Communications' Debt-to-EBITDA too high?
Covista Communications' current Debt-to-EBITDA is 0.08. The Telecommunication Services industry median Debt-to-EBITDA is 2.01. Covista Communications' value of 0.08 is 96% below this industry median.
How does Covista Communications' Debt-to-EBITDA compare to FULO and TWER?
Covista Communications' Debt-to-EBITDA of 0.08 can be compared against companies in the Telecommunication Services industry. The industry median Debt-to-EBITDA is 2.01. Covista Communications' value of 0.08 is 96% 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 a Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 2.01, based on 303 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. Covista Communications's current Debt-to-EBITDA of 0.08 is 96% 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 Covista Communications. For the Telecommunication Services industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covista Communications's current Debt-to-EBITDA is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Debt-to-EBITDA of 0.08. The current Debt-to-EBITDA is 0.08 and 96% below the Telecommunication Services industry median of 2.01. 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 Covista Communications (CVST), the current Debt-to-EBITDA is 0.08 as of Apr. 2005. 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.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.