GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Atlantic Coal PLC (LSE:ATC) » Definitions » Debt-to-EBITDA

Atlantic Coal (LSE:ATC) Debt-to-EBITDA : 1.89 (As of Jun. 2015)


View and export this data going back to . Start your Free Trial

What is Atlantic Coal Debt-to-EBITDA?

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

Atlantic Coal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was £2.86 Mil. Atlantic Coal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was £12.54 Mil. Atlantic Coal's annualized EBITDA for the quarter that ended in Jun. 2015 was £8.14 Mil. Atlantic Coal's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was 1.89.

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

LSE:ATC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.38
Current: 4.38

During the past 8 years, the highest Debt-to-EBITDA Ratio of Atlantic Coal was 4.38. The lowest was 0.00. And the median was 0.00.

LSE:ATC's Debt-to-EBITDA is not ranked
in the Steel industry.
Industry Median: 2.74 vs LSE:ATC: 4.38

Atlantic Coal Debt-to-EBITDA Historical Data

The historical data trend for Atlantic Coal'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.

Atlantic Coal Debt-to-EBITDA Chart

Atlantic Coal Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
Get a 7-Day Free Trial -4.29 -40.38 15.82 2.58 40.42

Atlantic Coal Semi-Annual Data
Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 0.59 -0.99 5.28 -8.16 1.89

Competitive Comparison of Atlantic Coal's Debt-to-EBITDA

For the Coking Coal subindustry, Atlantic Coal'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.


Atlantic Coal's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Atlantic Coal's Debt-to-EBITDA distribution charts can be found below:

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



Atlantic Coal Debt-to-EBITDA Calculation

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

Atlantic Coal's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.449 + 6.525) / 0.222
=40.42

Atlantic Coal's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.859 + 12.538) / 8.136
=1.89

* 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 two times the quarterly (Jun. 2015) EBITDA data.


Atlantic Coal  (LSE:ATC) 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.


Atlantic Coal Debt-to-EBITDA Related Terms

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


Atlantic Coal (LSE:ATC) Business Description

Traded in Other Exchanges
N/A
Address
Atlantic Carbon Group PLC, formerly Atlantic Coal PLC was incorporated on December 17, 2004 in the United Kingdom. The Company is a coal production and processing company, working on open cast mining and the processing of high-grade, low emission coal. It develops and operates the Stockton Colliery, an opencast anthracite mining and anthracite washing plant encompassing an area of approximately 900 hectares located in Hazel Creek in north-east Pennsylvania, the United States.