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International Power Group (International Power Group) Debt-to-EBITDA : -0.19 (As of Sep. 2008)


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What is International Power Group Debt-to-EBITDA?

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

International Power Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $1.01 Mil. International Power Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.00 Mil. International Power Group's annualized EBITDA for the quarter that ended in Sep. 2008 was $-5.20 Mil. International Power Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2008 was -0.19.

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

IPWG's Debt-to-EBITDA is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 4.415
* Ranked among companies with meaningful Debt-to-EBITDA only.

International Power Group Debt-to-EBITDA Historical Data

The historical data trend for International Power 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.

International Power Group Debt-to-EBITDA Chart

International Power Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Debt-to-EBITDA
- - - -0.12

International Power Group Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -0.10 -0.10 -0.03 -0.06 -0.19

Competitive Comparison of International Power Group's Debt-to-EBITDA

For the Utilities - Renewable subindustry, International Power 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.


International Power Group's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, International Power Group's Debt-to-EBITDA distribution charts can be found below:

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



International Power Group Debt-to-EBITDA Calculation

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

International Power Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2007 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.756 + 0) / -6.451
=-0.12

International Power Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2008 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.008 + 0) / -5.2
=-0.19

* 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. 2008) EBITDA data.


International Power Group  (GREY:IPWG) 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.


International Power Group Debt-to-EBITDA Related Terms

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


International Power Group (International Power Group) Business Description

Traded in Other Exchanges
N/A
Address
1420 Celebration Bouelvard, Suite 313, Celebration, FL, USA, 34747
International Power Group Ltd is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity.
Executives
John Edward Mack officer: Chief Financial Officer P.O.BOX 1575, BRECKENRIDGE CO 80424

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