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European Convergence Development Co (LSE:ECDC) Debt-to-EBITDA : 0.00 (As of Jun. 2014)


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What is European Convergence Development Co Debt-to-EBITDA?

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

European Convergence Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was €0.00 Mil. European Convergence Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was €0.00 Mil. European Convergence Development Co's annualized EBITDA for the quarter that ended in Jun. 2014 was €-0.89 Mil. European Convergence Development Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 was 0.00.

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 European Convergence Development Co's Debt-to-EBITDA or its related term are showing as below:

LSE:ECDC's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 6.02
* Ranked among companies with meaningful Debt-to-EBITDA only.

European Convergence Development Co Debt-to-EBITDA Historical Data

The historical data trend for European Convergence Development Co'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.

European Convergence Development Co Debt-to-EBITDA Chart

European Convergence Development Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
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European Convergence Development Co Semi-Annual Data
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Competitive Comparison of European Convergence Development Co's Debt-to-EBITDA

For the Real Estate Services subindustry, European Convergence Development Co'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.


European Convergence Development Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, European Convergence Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where European Convergence Development Co's Debt-to-EBITDA falls into.



European Convergence Development Co Debt-to-EBITDA Calculation

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

European Convergence Development Co'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 + 0) / -1.171
=0.00

European Convergence Development Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.892
=0.00

* 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. 2014) EBITDA data.


European Convergence Development Co  (LSE:ECDC) 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.


European Convergence Development Co Debt-to-EBITDA Related Terms

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European Convergence Development Co (LSE:ECDC) Business Description

Traded in Other Exchanges
N/A
Address
European Convergence Development Company PLC was incorporated in the Isle of Man on 26 July 2006. The Company through its subsidiaries, invests in early stage development projects such as residential, retail, commercial and industrial properties. The Company invests in Romania, Turkey, Croatia, Bulgaria and Slovakia.

European Convergence Development Co (LSE:ECDC) Headlines

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