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The Graystone Co (The Graystone Co) Debt-to-EBITDA : -0.01 (As of Sep. 2013)


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What is The Graystone Co Debt-to-EBITDA?

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

The Graystone Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.40 Mil. The Graystone Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.00 Mil. The Graystone Co's annualized EBITDA for the quarter that ended in Sep. 2013 was $-69.91 Mil. The Graystone Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2013 was -0.01.

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 The Graystone Co's Debt-to-EBITDA or its related term are showing as below:

GYST's Debt-to-EBITDA is not ranked *
in the Banks industry.
Industry Median: 9.78
* Ranked among companies with meaningful Debt-to-EBITDA only.

The Graystone Co Debt-to-EBITDA Historical Data

The historical data trend for The Graystone Co'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.

The Graystone Co Debt-to-EBITDA Chart

The Graystone Co Annual Data
Trend Dec10 Dec11 Dec12
Debt-to-EBITDA
- -0.01 -0.11

The Graystone Co Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.05 -0.19 -0.24 -0.01

Competitive Comparison of The Graystone Co's Debt-to-EBITDA

For the Mortgage Finance subindustry, The Graystone Co'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.


The Graystone Co's Debt-to-EBITDA Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Graystone Co's Debt-to-EBITDA distribution charts can be found below:

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



The Graystone Co Debt-to-EBITDA Calculation

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

The Graystone Co'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
=(0.381 + 0) / -3.562
=-0.11

The Graystone Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.398 + 0) / -69.912
=-0.01

* 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. 2013) EBITDA data.


The Graystone Co  (OTCPK:GYST) 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.


The Graystone Co Debt-to-EBITDA Related Terms

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


The Graystone Co (The Graystone Co) Business Description

Traded in Other Exchanges
N/A
Address
2620 Regatta Drive, Suite 102, Las Vegas, CO, USA, 89128
The Graystone Co Inc is a holding company. It is involved in acquiring and developing mining properties amenable to low production cost. The company's mining operations mainly focus on acquiring properties that require a lower capital investment. Its projects include Gorilla, Graystone II and Graystone III located in Loreto and Amazonas, Peru.