GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » eFleets Corp (GREY:EFLT) » Definitions » Debt-to-EBITDA

eFleets (eFleets) Debt-to-EBITDA : -1.03 (As of Jun. 2014)


View and export this data going back to 2010. Start your Free Trial

What is eFleets Debt-to-EBITDA?

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

eFleets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was $3.46 Mil. eFleets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was $2.01 Mil. eFleets's annualized EBITDA for the quarter that ended in Jun. 2014 was $-5.31 Mil. eFleets's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 was -1.03.

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

EFLT's Debt-to-EBITDA is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.32
* Ranked among companies with meaningful Debt-to-EBITDA only.

eFleets Debt-to-EBITDA Historical Data

The historical data trend for eFleets'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.

eFleets Debt-to-EBITDA Chart

eFleets Annual Data
Trend May09 May10 May11 May12 Dec13
Debt-to-EBITDA
- - - - -1.28

eFleets Quarterly Data
Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -0.94 -0.89 -1.33 -1.61 -1.03

Competitive Comparison of eFleets's Debt-to-EBITDA

For the Auto Manufacturers subindustry, eFleets'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.


eFleets's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, eFleets's Debt-to-EBITDA distribution charts can be found below:

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



eFleets Debt-to-EBITDA Calculation

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

eFleets's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.423 + 2.966) / -3.434
=-1.28

eFleets's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.461 + 2.007) / -5.312
=-1.03

* 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. 2014) EBITDA data.


eFleets  (GREY:EFLT) 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.


eFleets Debt-to-EBITDA Related Terms

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


eFleets (eFleets) Business Description

Traded in Other Exchanges
N/A
Address
7660 Pebble Drive, Fort Worth, TX, USA, 76118
Website
eFleets Corp is focused on the design, development and manufacturing of an all-electric fleet vehicle for the essential services market. The company's all-electric vehicles are designed for use in traffic control/parking enforcement, security, small package delivery, military, maintenance, airport services, warehouses, and other comparable utility application. Its electric vehicles offer a zero-emission, high performance, low-maintenance and affordable alternative to specifically meet the needs of fleet vehicles in the essential services market. The company is focused on developing technology for its battery management and integrated drive system, which maximizes energy efficiency to satisfy the needs of its customers.

eFleets (eFleets) Headlines

No Headlines