ICTY (Eyecity.com) Debt-to-EBITDA : 0.03 (As of Dec. 2001)


What is Eyecity.com Debt-to-EBITDA?

Eyecity.com ICTY Debt-to-EBITDA is 0.03 as of Dec. 2001.

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

Eyecity.com's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2001 was $0.29 Mil. Eyecity.com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2001 was $0.00 Mil. Eyecity.com's annualized EBITDA for the quarter that ended in Dec. 2001 was $8.63 Mil. Eyecity.com's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2001 was 0.03.

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 Eyecity.com's Debt-to-EBITDA or its related term are showing as below:

ICTY's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.51
* Ranked among companies with meaningful Debt-to-EBITDA only.

Eyecity.com  (OTCPK:ICTY) 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.


Eyecity.com Debt-to-EBITDA Related Terms


Eyecity.com Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Eyecity.com'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.

Eyecity.com Debt-to-EBITDA Chart

Eyecity.com Annual Data
Trend Dec99 Dec00 Dec01
Debt-to-EBITDA
-0.63 -0.50 -0.65

Eyecity.com Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.41 -1.43 -3.05 -28.88 0.03

ICTY vs NLSC, BOTH, SVAD: Debt-to-EBITDA Comparison

For the Shell Companies subindustry, Eyecity.com'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.


Eyecity.com Debt-to-EBITDA vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Eyecity.com's Debt-to-EBITDA distribution charts can be found below:

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



Eyecity.com Debt-to-EBITDA Calculation

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

Eyecity.com's Debt-to-EBITDA for the fiscal year that ended in Dec. 2001 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.292 + 0) / -0.452
=-0.65

Eyecity.com's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2001 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.292 + 0) / 8.628
=0.03

* 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. 2001) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.03 mean?
Eyecity.com (ICTY) has a Debt-to-EBITDA of 0.03 as of Dec. 2001. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Eyecity.com.
Is Eyecity.com's Debt-to-EBITDA too high?
Eyecity.com's current Debt-to-EBITDA is 0.03. The Diversified Financial Services industry median Debt-to-EBITDA is 5.51. Eyecity.com's value of 0.03 is 99.5% below this industry median.
How does Eyecity.com's Debt-to-EBITDA compare to NLSC and BOTH?
Eyecity.com's Debt-to-EBITDA of 0.03 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-EBITDA is 5.51. Eyecity.com's value of 0.03 is 99.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Diversified Financial Services company?
The median Debt-to-EBITDA among Diversified Financial Services companies is 5.51, based on 123 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eyecity.com's current Debt-to-EBITDA of 0.03 is 99.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Eyecity.com. For the Diversified Financial Services industry, the median Debt-to-EBITDA is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eyecity.com's current Debt-to-EBITDA is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eyecity.com stock overvalued right now?
Eyecity.com (ICTY) has a current Debt-to-EBITDA of 0.03. The current Debt-to-EBITDA is 0.03 and 99.5% below the Diversified Financial Services industry median of 5.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Eyecity.com (ICTY), the current Debt-to-EBITDA is 0.03 as of Dec. 2001. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eyecity.com Business Description

Address 5230 Land of Lake Boulevard, Suite 431, Land of Lakes, FL, USA, 34639
Eyecity.com Inc has formed a joint venture (JV) with an existing multimedia generation company, focusing on monetizing celebrity contacts and content by leveraging proprietary marketing tools and tested strategies to increase promotions, drive awareness, and expand audiences. The company has acquired two real estate projects in Brazil for development and is working to advance those projects. It has also acquired a note and intellectual property related to the Smart City business.