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Labor Smart (Labor Smart) Debt-to-EBITDA : -8.94 (As of Sep. 2015)


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What is Labor Smart Debt-to-EBITDA?

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

Labor Smart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $5.40 Mil. Labor Smart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Labor Smart's annualized EBITDA for the quarter that ended in Sep. 2015 was $-0.60 Mil. Labor Smart's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 was -8.94.

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 Labor Smart's Debt-to-EBITDA or its related term are showing as below:

LTNC's Debt-to-EBITDA is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.87
* Ranked among companies with meaningful Debt-to-EBITDA only.

Labor Smart Debt-to-EBITDA Historical Data

The historical data trend for Labor Smart'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.

Labor Smart Debt-to-EBITDA Chart

Labor Smart Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
N/A -0.66 -1.22 -44.03

Labor Smart Quarterly Data
Sep11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 11.69 -20.10 -3.39 19.81 -8.94

Competitive Comparison of Labor Smart's Debt-to-EBITDA

For the Beverages - Non-Alcoholic subindustry, Labor Smart'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.


Labor Smart's Debt-to-EBITDA Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Labor Smart's Debt-to-EBITDA distribution charts can be found below:

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



Labor Smart Debt-to-EBITDA Calculation

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

Labor Smart'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
=(5.548 + 0) / -0.126
=-44.03

Labor Smart's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.4 + 0) / -0.604
=-8.94

* 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 (Sep. 2015) EBITDA data.


Labor Smart  (OTCPK:LTNC) 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.


Labor Smart Debt-to-EBITDA Related Terms

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


Labor Smart (Labor Smart) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1500, Powder Springs, GA, USA, 30127
Labor Smart Inc is a United States based company engaged in providing on-demand temporary labor solutions to small and medium-sized businesses. The company provides temporary blue-collar staffing services. It supplies general laborers on demand to the light industries, including manufacturing, logistics, and warehousing, skilled trades' people and general laborers to commercial construction industries.
Executives
Matthew Rodgers director

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