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CanAm Coal (FRA:RHE) Debt-to-EBITDA : 6.95 (As of Sep. 2014)


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What is CanAm Coal Debt-to-EBITDA?

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

CanAm Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was €5.22 Mil. CanAm Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was €21.96 Mil. CanAm Coal's annualized EBITDA for the quarter that ended in Sep. 2014 was €3.91 Mil. CanAm Coal's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was 6.95.

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

FRA:RHE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 8.04
Current: 8.04

During the past 12 years, the highest Debt-to-EBITDA Ratio of CanAm Coal was 8.04. The lowest was 0.00. And the median was 0.00.

FRA:RHE's Debt-to-EBITDA is not ranked
in the Other Energy Sources industry.
Industry Median: 1.225 vs FRA:RHE: 8.04

CanAm Coal Debt-to-EBITDA Historical Data

The historical data trend for CanAm Coal'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.

CanAm Coal Debt-to-EBITDA Chart

CanAm Coal Annual Data
Trend Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Dec12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.15 -3.26 6.47 8.16

CanAm Coal Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 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 3.75 -25.54 5.56 5.99 6.95

Competitive Comparison of CanAm Coal's Debt-to-EBITDA

For the Thermal Coal subindustry, CanAm Coal'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.


CanAm Coal's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CanAm Coal's Debt-to-EBITDA distribution charts can be found below:

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



CanAm Coal Debt-to-EBITDA Calculation

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

CanAm Coal'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
=(13.264 + 16.059) / 3.594
=8.16

CanAm Coal'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
=(5.217 + 21.957) / 3.908
=6.95

* 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.


CanAm Coal  (FRA:RHE) 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.


CanAm Coal Debt-to-EBITDA Related Terms

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


CanAm Coal (FRA:RHE) Business Description

Traded in Other Exchanges
N/A
Address
1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6
CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.