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FTE Networks (FTE Networks) Debt-to-EBITDA : -33.99 (As of Sep. 2018)


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What is FTE Networks Debt-to-EBITDA?

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

FTE Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $66.9 Mil. FTE Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $29.9 Mil. FTE Networks's annualized EBITDA for the quarter that ended in Sep. 2018 was $-2.8 Mil. FTE Networks's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 was -33.99.

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 FTE Networks's Debt-to-EBITDA or its related term are showing as below:

FTNW's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.79
* Ranked among companies with meaningful Debt-to-EBITDA only.

FTE Networks Debt-to-EBITDA Historical Data

The historical data trend for FTE Networks'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.

FTE Networks Debt-to-EBITDA Chart

FTE Networks Annual Data
Trend Jun06 Jun07 Sep08 Sep09 Sep10 Sep11 Sep14 Sep15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.84 3.08 -3.16 -5.32 -21.99

FTE Networks Quarterly Data
Dec11 Mar12 Jun12 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 2.57 -1.60 7.29 7.60 -33.99

Competitive Comparison of FTE Networks's Debt-to-EBITDA

For the Communication Equipment subindustry, FTE Networks'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.


FTE Networks's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



FTE Networks Debt-to-EBITDA Calculation

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

FTE Networks's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.014 + 64.628) / -3.804
=-21.99

FTE Networks's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(66.93 + 29.877) / -2.848
=-33.99

* 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. 2018) EBITDA data.


FTE Networks  (AMEX:FTNW) 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.


FTE Networks Debt-to-EBITDA Related Terms

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


FTE Networks (FTE Networks) Business Description

Traded in Other Exchanges
N/A
Address
237 West 35th Street, Suite 806, New York, NY, USA, 34108
FTE Networks Inc is a US-based company which acts as a provider of international and regional telecommunications and technology systems and infrastructure services. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its wholly-owned subsidiaries. The services provided by the company include engineering consulting, design, installation, maintenance, and emergency response in various categories including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, fiber cable splicing and testing. The company manages its business into two segments namely Telecommunication and Staffing. The majority of the company's revenue comes from Telecommunication segment.
Executives
Irv Rothman director 3000 HANOVER STREET, PALO ALTO CA 94304
James E. Shiah director 2 PARK AVENUE, NEW YORK NY 10016
Christopher Ferguson director 1866 LEITHSVILLE ROAD, SUITE 223, HALLERTOWN PA 18055
Michael Palleschi director, officer: Chief Executive Officer 1464 PALMA BLANCA CT., NAPLES FL 34119
Henderson J Sherman Iii director PO BOX 34749, LOUISVILLE KY 40232
Richard C Mills officer: President C/O POMEROY COMPUTER RESOURCES INC, 1020 PETERSBURG ROAD, HEBRON KY 41048