FMO (Fiduciary/Claymore Energy Infrastructure Fund) Debt-to-EBITDA : (As of Nov. 2021)

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FMO Fiduciary/Claymore Energy Infrastructure Fund FMO
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What is Fiduciary/Claymore Energy Infrastructure Fund Debt-to-EBITDA?

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

Fiduciary/Claymore Energy Infrastructure Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2021 was $9.86 Mil. Fiduciary/Claymore Energy Infrastructure Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2021 was $5.19 Mil. Fiduciary/Claymore Energy Infrastructure Fund's annualized EBITDA for the quarter that ended in Nov. 2021 was $-8.42 Mil. Fiduciary/Claymore Energy Infrastructure Fund's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2021 was -1.79.

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 Fiduciary/Claymore Energy Infrastructure Fund's Debt-to-EBITDA or its related term are showing as below:

FMO's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.33
* Ranked among companies with meaningful Debt-to-EBITDA only.

Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) 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.

Fiduciary/Claymore Energy Infrastructure Fund Debt-to-EBITDA Related Terms

Fiduciary/Claymore Energy Infrastructure Fund Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund'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.

Fiduciary/Claymore Energy Infrastructure Fund Debt-to-EBITDA Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
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Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21
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FMO vs DTF, IAE, CEN: Debt-to-EBITDA Comparison

For the Asset Management subindustry, Fiduciary/Claymore Energy Infrastructure Fund'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.

Fiduciary/Claymore Energy Infrastructure Fund Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiduciary/Claymore Energy Infrastructure Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fiduciary/Claymore Energy Infrastructure Fund's Debt-to-EBITDA falls into.


FMO
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Fiduciary/Claymore Energy Infrastructure Fund FMO
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Fiduciary/Claymore Energy Infrastructure Fund Debt-to-EBITDA Calculation

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

Fiduciary/Claymore Energy Infrastructure Fund's Debt-to-EBITDA for the fiscal year that ended in Nov. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.860096 + 5.192) / 28.006599
=0.54

Fiduciary/Claymore Energy Infrastructure Fund's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.860096 + 5.192) / -8.41889
=-1.79

* 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 two times the quarterly (Nov. 2021) EBITDA data.

Fiduciary/Claymore Energy Infrastructure Fund Business Description

Address 227 West Monroe Street, Chicago, IL, USA, 60606
Fiduciary/Claymore Energy Infrastructure Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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