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Mexico Equity andome Fund (Mexico Equity andome Fund) Debt-to-EBITDA : N/A (As of Jan. 2024)


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What is Mexico Equity andome Fund Debt-to-EBITDA?

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

Mexico Equity andome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Mexico Equity andome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Mexico Equity andome Fund's annualized EBITDA for the quarter that ended in Jan. 2024 was $0.00 Mil.

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 Mexico Equity andome Fund's Debt-to-EBITDA or its related term are showing as below:

MXEIP.PFD's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.315
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mexico Equity andome Fund Debt-to-EBITDA Historical Data

The historical data trend for Mexico Equity andome Fund'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.

Mexico Equity andome Fund Debt-to-EBITDA Chart

Mexico Equity andome Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Mexico Equity andome Fund Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 N/A N/A N/A N/A N/A

Competitive Comparison of Mexico Equity andome Fund's Debt-to-EBITDA

For the Asset Management subindustry, Mexico Equity andome Fund'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.


Mexico Equity andome Fund's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mexico Equity andome Fund's Debt-to-EBITDA falls into.



Mexico Equity andome Fund Debt-to-EBITDA Calculation

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

Mexico Equity andome Fund's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Mexico Equity andome Fund's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

* 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 (Jan. 2024) EBITDA data.


Mexico Equity andome Fund  (OTCPK:MXEIP.PFD) 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.


Mexico Equity andome Fund Debt-to-EBITDA Related Terms

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


Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Traded in Other Exchanges
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

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The Mexico Equity and Income Fund Announces New Transfer Agent

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