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Dexion Trading (LSE:DTL) Debt-to-EBITDA : 0.04 (As of Dec. 2013)


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What is Dexion Trading Debt-to-EBITDA?

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

Dexion Trading's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was £0.01 Mil. Dexion Trading's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was £0.00 Mil. Dexion Trading's annualized EBITDA for the quarter that ended in Dec. 2013 was £0.21 Mil. Dexion Trading's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 was 0.04.

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

LSE:DTL's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.545
* Ranked among companies with meaningful Debt-to-EBITDA only.

Dexion Trading Debt-to-EBITDA Historical Data

The historical data trend for Dexion Trading'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.

Dexion Trading Debt-to-EBITDA Chart

Dexion Trading Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.07 - -0.13 - -

Dexion Trading Semi-Annual Data
Dec12 Jun13 Dec13
Debt-to-EBITDA - - 0.04

Competitive Comparison of Dexion Trading's Debt-to-EBITDA

For the Asset Management subindustry, Dexion Trading'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.


Dexion Trading's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dexion Trading's Debt-to-EBITDA distribution charts can be found below:

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



Dexion Trading Debt-to-EBITDA Calculation

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

Dexion Trading's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.009 + 0) / 3.972
=0.00

Dexion Trading's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.009 + 0) / 0.208
=0.04

* 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 (Dec. 2013) EBITDA data.


Dexion Trading  (LSE:DTL) 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.


Dexion Trading Debt-to-EBITDA Related Terms

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Dexion Trading Business Description

Traded in Other Exchanges
N/A
Address
Dexion Trading Ltd was incorporated with limited liability in Guernsey, Channel Islands on 28 October 2004. It is a closed-ended investment company. The Company's investment objective is to provide investment returns that have lower risk than traditional investment returns and, over time, to achieve above market returns.

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