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Strategic Asset Leasing (Strategic Asset Leasing) Debt-to-EBITDA : -0.14 (As of Dec. 2092)


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What is Strategic Asset Leasing Debt-to-EBITDA?

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

Strategic Asset Leasing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2092 was $0.00 Mil. Strategic Asset Leasing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2092 was $0.90 Mil. Strategic Asset Leasing's annualized EBITDA for the quarter that ended in Dec. 2092 was $-6.40 Mil. Strategic Asset Leasing's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2092 was -0.14.

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 Strategic Asset Leasing's Debt-to-EBITDA or its related term are showing as below:

LEAS's Debt-to-EBITDA is not ranked *
in the Business Services industry.
Industry Median: 1.92
* Ranked among companies with meaningful Debt-to-EBITDA only.

Strategic Asset Leasing Debt-to-EBITDA Historical Data

The historical data trend for Strategic Asset Leasing'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.

Strategic Asset Leasing Debt-to-EBITDA Chart

Strategic Asset Leasing Annual Data
Trend Dec89 Dec90 Dec91 Dec92
Debt-to-EBITDA
- - -3.50 -0.60

Strategic Asset Leasing Quarterly Data
Mar89 Jun89 Sep89 Dec89 Mar90 Jun90 Sep90 Dec90 Mar91 Jun91 Sep91 Dec91 Mar92 Jun92 Sep92 Dec92
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 -0.39 - - - -0.14

Competitive Comparison of Strategic Asset Leasing's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Strategic Asset Leasing'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.


Strategic Asset Leasing's Debt-to-EBITDA Distribution in the Business Services Industry

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

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



Strategic Asset Leasing Debt-to-EBITDA Calculation

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

Strategic Asset Leasing's Debt-to-EBITDA for the fiscal year that ended in Dec. 2092 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.9) / -1.5
=-0.60

Strategic Asset Leasing's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2092 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.9) / -6.4
=-0.14

* 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. 2092) EBITDA data.


Strategic Asset Leasing  (OTCPK:LEAS) 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.


Strategic Asset Leasing Debt-to-EBITDA Related Terms

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Strategic Asset Leasing (Strategic Asset Leasing) Business Description

Traded in Other Exchanges
N/A
Address
13576 Walnut Street, Suite A, Omaha, NE, USA, 68144
Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.

Strategic Asset Leasing (Strategic Asset Leasing) Headlines