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Green Ballast (Green Ballast) Debt-to-EBITDA : N/A (As of Dec. 2014)


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What is Green Ballast Debt-to-EBITDA?

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

Green Ballast's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was $4.21 Mil. Green Ballast's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was $0.00 Mil. Green Ballast's annualized EBITDA for the quarter that ended in Dec. 2014 was $0.00 Mil.

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 Green Ballast's Debt-to-EBITDA or its related term are showing as below:

GBLL's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

Green Ballast Debt-to-EBITDA Historical Data

The historical data trend for Green Ballast'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.

Green Ballast Debt-to-EBITDA Chart

Green Ballast Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
N/A -0.75 -2.28 -8.02

Green Ballast Quarterly Data
Sep11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Dec13 Dec14
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.82 -1.10 -1.37 N/A N/A

Competitive Comparison of Green Ballast's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Green Ballast'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.


Green Ballast's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Green Ballast Debt-to-EBITDA Calculation

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

Green Ballast's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.21 + 0) / -0.525
=-8.02

Green Ballast's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2014 is calculated as

* 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. 2014) EBITDA data.


Green Ballast  (GREY:GBLL) 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.


Green Ballast Debt-to-EBITDA Related Terms

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


Green Ballast (Green Ballast) Business Description

Traded in Other Exchanges
N/A
Address
2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118
Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

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