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Leone Asset Management (Leone Asset Management) Debt-to-EBITDA : -0.09 (As of Dec. 2018)


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What is Leone Asset Management Debt-to-EBITDA?

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

Leone Asset Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $2.69 Mil. Leone Asset Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.00 Mil. Leone Asset Management's annualized EBITDA for the quarter that ended in Dec. 2018 was $-29.68 Mil. Leone Asset Management's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was -0.09.

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

LEON's Debt-to-EBITDA is not ranked *
in the Conglomerates industry.
Industry Median: 3.28
* Ranked among companies with meaningful Debt-to-EBITDA only.

Leone Asset Management Debt-to-EBITDA Historical Data

The historical data trend for Leone Asset Management'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.

Leone Asset Management Debt-to-EBITDA Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.05 -1.09 -0.47 -2.16 -0.29

Leone Asset Management Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Dec12 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -2.21 -1.79 -2.04 -0.74 -0.09

Competitive Comparison of Leone Asset Management's Debt-to-EBITDA

For the Conglomerates subindustry, Leone Asset Management'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.


Leone Asset Management's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Leone Asset Management's Debt-to-EBITDA distribution charts can be found below:

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



Leone Asset Management Debt-to-EBITDA Calculation

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

Leone Asset Management's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.687 + 0) / -9.403
=-0.29

Leone Asset Management's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.687 + 0) / -29.676
=-0.09

* 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. 2018) EBITDA data.


Leone Asset Management  (OTCPK:LEON) 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.


Leone Asset Management Debt-to-EBITDA Related Terms

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


Leone Asset Management (Leone Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness, Research and Development, Agriculture Management and Infrastructure development. The company provides services such as Health and Nutrition Products Manufacturing and Distribution to its clients.

Leone Asset Management (Leone Asset Management) Headlines

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