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Gerova Financial Group (Gerova Financial Group) Debt-to-EBITDA : -0.38 (As of Jun. 2009)


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What is Gerova Financial Group Debt-to-EBITDA?

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

Gerova Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $1.31 Mil. Gerova Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2009 was $0.00 Mil. Gerova Financial Group's annualized EBITDA for the quarter that ended in Jun. 2009 was $-3.48 Mil. Gerova Financial Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2009 was -0.38.

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 Gerova Financial Group's Debt-to-EBITDA or its related term are showing as below:

GVFG's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.4
* Ranked among companies with meaningful Debt-to-EBITDA only.

Gerova Financial Group Debt-to-EBITDA Historical Data

The historical data trend for Gerova Financial Group'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.

Gerova Financial Group Debt-to-EBITDA Chart

Gerova Financial Group Annual Data
Trend Dec07 Dec08 Dec09
Debt-to-EBITDA
-83.33 -0.54 -

Gerova Financial Group Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Dec09
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - 0.16 -0.43 -0.38 N/A

Competitive Comparison of Gerova Financial Group's Debt-to-EBITDA

For the Insurance - Reinsurance subindustry, Gerova Financial Group'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.


Gerova Financial Group's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Gerova Financial Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gerova Financial Group's Debt-to-EBITDA falls into.



Gerova Financial Group Debt-to-EBITDA Calculation

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

Gerova Financial Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2009 is calculated as

Gerova Financial Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.312 + 0) / -3.48
=-0.38

* 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. 2009) EBITDA data.


Gerova Financial Group  (OTCPK:GVFG) 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.


Gerova Financial Group Debt-to-EBITDA Related Terms

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


Gerova Financial Group (Gerova Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
Cumberland House, 5th Floor, 1 Victoria Street, Hamilton, BMU, HM 11
Website
Gerova Financial Group Ltd is an international reinsurance company focused on the life and annuity reinsurance markets, in addition to a niche property and causality business.

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