GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Navios Maritime Midstream Partners LP (NYSE:NAP) » Definitions » Debt-to-EBITDA

Navios Maritime Midstream Partners LP (Navios Maritime Midstream Partners LP) Debt-to-EBITDA : 3.40 (As of Sep. 2018)


View and export this data going back to 2014. Start your Free Trial

What is Navios Maritime Midstream Partners LP Debt-to-EBITDA?

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

Navios Maritime Midstream Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.69 Mil. Navios Maritime Midstream Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $195.32 Mil. Navios Maritime Midstream Partners LP's annualized EBITDA for the quarter that ended in Sep. 2018 was $57.70 Mil. Navios Maritime Midstream Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 was 3.40.

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 Navios Maritime Midstream Partners LP's Debt-to-EBITDA or its related term are showing as below:

NAP's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.815
* Ranked among companies with meaningful Debt-to-EBITDA only.

Navios Maritime Midstream Partners LP Debt-to-EBITDA Historical Data

The historical data trend for Navios Maritime Midstream Partners LP'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.

Navios Maritime Midstream Partners LP Debt-to-EBITDA Chart

Navios Maritime Midstream Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial 15.42 2.69 3.27 3.12 3.63

Navios Maritime Midstream Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 Premium Member Only Premium Member Only Premium Member Only 3.64 3.23 -2.46 3.55 3.40

Competitive Comparison of Navios Maritime Midstream Partners LP's Debt-to-EBITDA

For the Marine Shipping subindustry, Navios Maritime Midstream Partners LP'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.


Navios Maritime Midstream Partners LP's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Midstream Partners LP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Navios Maritime Midstream Partners LP's Debt-to-EBITDA falls into.



Navios Maritime Midstream Partners LP Debt-to-EBITDA Calculation

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

Navios Maritime Midstream Partners LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.675 + 195.839) / 54.071
=3.63

Navios Maritime Midstream Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.686 + 195.321) / 57.696
=3.40

* 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. 2018) EBITDA data.


Navios Maritime Midstream Partners LP  (NYSE:NAP) 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.


Navios Maritime Midstream Partners LP Debt-to-EBITDA Related Terms

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


Navios Maritime Midstream Partners LP (Navios Maritime Midstream Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Navios Maritime Midstream Partners LP is a shipping service provider based in Monaco. Its core business involves the acquisition of crude oil, petroleum and LPG tankers. Its vessels are chartered under long-term employment contracts to international oil companies, refiners, and large vessel operators. Its primary source of revenue is through chartering of its vessels to clients in the Asian region.