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Corporate Resource Services (FRA:HTS1) Debt-to-EBITDA : 3.71 (As of Sep. 2014)


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What is Corporate Resource Services Debt-to-EBITDA?

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

Corporate Resource Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was €78.3 Mil. Corporate Resource Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was €13.4 Mil. Corporate Resource Services's annualized EBITDA for the quarter that ended in Sep. 2014 was €24.7 Mil. Corporate Resource Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was 3.71.

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 Corporate Resource Services's Debt-to-EBITDA or its related term are showing as below:

FRA:HTS1's Debt-to-EBITDA is not ranked *
in the Business Services industry.
Industry Median: 1.95
* Ranked among companies with meaningful Debt-to-EBITDA only.

Corporate Resource Services Debt-to-EBITDA Historical Data

The historical data trend for Corporate Resource Services'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.

Corporate Resource Services Debt-to-EBITDA Chart

Corporate Resource Services Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep08 Sep09 Sep10 Sep11 Sep12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.71 0.97 1.25 1.22 8.31

Corporate Resource Services Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 0.24 9.26 -124.24 8.15 3.71

Competitive Comparison of Corporate Resource Services's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, Corporate Resource Services'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.


Corporate Resource Services's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Corporate Resource Services's Debt-to-EBITDA distribution charts can be found below:

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



Corporate Resource Services Debt-to-EBITDA Calculation

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

Corporate Resource Services'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
=(56.916 + 11.73) / 8.264
=8.31

Corporate Resource Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(78.336 + 13.44) / 24.712
=3.71

* 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. 2014) EBITDA data.


Corporate Resource Services  (FRA:HTS1) 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.


Corporate Resource Services Debt-to-EBITDA Related Terms

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


Corporate Resource Services (FRA:HTS1) Business Description

Traded in Other Exchanges
N/A
Address
160 Broadway, 13th Floor, New York, NY, USA, 10038
Corporate Resource Services Inc provides diversified technology staffing, recruiting and consulting services. It offers trained employees for Insurance, IT, Accounting, Science, Healthcare, Creative Services, Hospitality, Retail and Light Industrial Work.

Corporate Resource Services (FRA:HTS1) Headlines

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