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Initio (Initio) Debt-to-EBITDA : 2.23 (As of Jan. 2003)


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What is Initio Debt-to-EBITDA?

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

Initio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2003 was $0.00 Mil. Initio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2003 was $0.67 Mil. Initio's annualized EBITDA for the quarter that ended in Jan. 2003 was $0.30 Mil. Initio's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2003 was 2.23.

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

INTO's Debt-to-EBITDA is not ranked *
in the Business Services industry.
Industry Median: 1.925
* Ranked among companies with meaningful Debt-to-EBITDA only.

Initio Debt-to-EBITDA Historical Data

The historical data trend for Initio'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.

Initio Debt-to-EBITDA Chart

Initio Annual Data
Trend Apr94 Apr95 Apr96 Apr97 Apr98 Apr99 Apr00 Apr01
Debt-to-EBITDA
Get a 7-Day Free Trial -28.00 -19.50 -44.00 2.06 1.79

Initio Quarterly Data
Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03
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 5.63 2.20 1.75 1.83 2.23

Competitive Comparison of Initio's Debt-to-EBITDA

For the Consulting Services subindustry, Initio'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.


Initio's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Initio's Debt-to-EBITDA distribution charts can be found below:

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



Initio Debt-to-EBITDA Calculation

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

Initio's Debt-to-EBITDA for the fiscal year that ended in Apr. 2001 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2.278) / 1.275
=1.79

Initio's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2003 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.668) / 0.3
=2.23

* 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 (Jan. 2003) EBITDA data.


Initio  (OTCPK:INTO) 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.


Initio Debt-to-EBITDA Related Terms

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


Initio (Initio) Business Description

Traded in Other Exchanges
N/A
Address
350 West Passaic Street, Suite No. 2, Rochelle Park, NJ, USA, 07662
Initio Inc provides business and financial consulting. It is also engaged in investing and trading shares of publicly owned securities.

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