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Federal Screw Works (Federal Screw Works) Debt-to-EBITDA : -18.86 (As of Dec. 2004)


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What is Federal Screw Works Debt-to-EBITDA?

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

Federal Screw Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2004 was $0.00 Mil. Federal Screw Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2004 was $15.47 Mil. Federal Screw Works's annualized EBITDA for the quarter that ended in Dec. 2004 was $-0.82 Mil. Federal Screw Works's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2004 was -18.86.

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 Federal Screw Works's Debt-to-EBITDA or its related term are showing as below:

FSCR's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.72
* Ranked among companies with meaningful Debt-to-EBITDA only.

Federal Screw Works Debt-to-EBITDA Historical Data

The historical data trend for Federal Screw Works'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.

Federal Screw Works Debt-to-EBITDA Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.56 0.60 0.49 0.99

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 0.95 0.97 0.89 12.10 -18.86

Competitive Comparison of Federal Screw Works's Debt-to-EBITDA

For the Tools & Accessories subindustry, Federal Screw Works'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.


Federal Screw Works's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Federal Screw Works's Debt-to-EBITDA distribution charts can be found below:

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



Federal Screw Works Debt-to-EBITDA Calculation

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

Federal Screw Works's Debt-to-EBITDA for the fiscal year that ended in Jun. 2004 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 8.26) / 8.317
=0.99

Federal Screw Works's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2004 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 15.465) / -0.82
=-18.86

* 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 (Dec. 2004) EBITDA data.


Federal Screw Works  (OTCPK:FSCR) 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.


Federal Screw Works Debt-to-EBITDA Related Terms

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


Federal Screw Works (Federal Screw Works) Business Description

Traded in Other Exchanges
N/A
Address
34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers component parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are primarily served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.

Federal Screw Works (Federal Screw Works) Headlines

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