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STEC, (FRA:XTC) Debt-to-EBITDA : 0.00 (As of Jun. 2013)


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What is STEC, Debt-to-EBITDA?

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

STEC,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was €0.00 Mil. STEC,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was €0.00 Mil. STEC,'s annualized EBITDA for the quarter that ended in Jun. 2013 was €-83.33 Mil. STEC,'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2013 was 0.00.

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

FRA:XTC's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.8
* Ranked among companies with meaningful Debt-to-EBITDA only.

STEC, Debt-to-EBITDA Historical Data

The historical data trend for STEC,'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.

STEC, Debt-to-EBITDA Chart

STEC, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Debt-to-EBITDA
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STEC, Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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Competitive Comparison of STEC,'s Debt-to-EBITDA

For the Computer Hardware subindustry, STEC,'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.


STEC,'s Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, STEC,'s Debt-to-EBITDA distribution charts can be found below:

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



STEC, Debt-to-EBITDA Calculation

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

STEC,'s Debt-to-EBITDA for the fiscal year that ended in Dec. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -51.269
=0.00

STEC,'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -83.332
=0.00

* 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. 2013) EBITDA data.


STEC,  (FRA:XTC) 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.


STEC, Debt-to-EBITDA Related Terms

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


STEC, (FRA:XTC) Business Description

Traded in Other Exchanges
N/A
Address
STEC, Inc., was incorporated in 1990 in the state of California. It provides enterprise-class Flash solid-state drives that are designed to increase the performance of enterprise-storage systems and servers that companies use to retain and access their critical data. Its products are designed for storage systems and servers that run applications requiring a high level of input/output operations per second ('IOPS') performance, capacity, reliability and low latency. The Company designs and develops its SSD controllers, enhance them with proprietary firmware and combine them with third-party Flash memory to form high-performance SSDs which provide a level of IOPS performance not currently possible with traditional hard disk drives ('HDDs'). The Company sells its SSDs to global storage and server original equipment manufacturers ('OEMs') which integrate them into storage systems and servers used by enterprises in a variety of industries including financial services, government, transportation, defense and aerospace, and transaction processing. It also manufactures small form factor Flash SSDs, cards and modules, as well as custom high density dynamic random access memory ('DRAM') modules for networking, communications and industrial applications. The Company markets its products to OEMs, leveraging its comprehensive design capabilities to offer custom storage solutions to address their specific needs. A major area of its Flash-based product investment has been applied to SSD technology. It also offers both monolithic DRAM modules and DRAM modules based on its proprietary stacking technology. The Company also offers both monolithic DRAM modules and DRAM modules based on its proprietary stacking technology. The Company's ZeusIOPS SSDs are high performance enterprise-class data storage solutions. Its MACH-class SSDs are small form factor, high throughput storage solutions for mission-critical systems in a variety of industries. The Company's Industrial Grade Advanced Technology Attachment ('ATA') PC Cards are viable alternatives to HDDs due to their high reliability and low cost per useable megabyte. CompactFlash products provide full PC Card ATA functionality but are only one-fourth the size of a standard PC Card. Its flash module products include USB and Serial ATA interfaces and are targeted toward embedded systems where device footprint and low power are critical design parameters. The Company's Secure Digital ('SD') Flash Memory Cards are small, removable and non-volatile flash memory with a high performance interface. Its USB flash drive built upon an industrial-grade flash controller technology has capacity of 1GB to 8GB, its USB Flash Drive couples convenience and portability with performance and reliability. The Company offers DRAM products, including dual in-line memory modules ('DIMMs'), small-outline DIMMs, mini-registered DIMMs, very low profile registered DIMMs ('VLP RDIMMs') and Fully-Buffered DIMMs ('FB-DIMMs'). Its pat

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