NOEC (New Oriental Energy & Chemical) Debt-to-EBITDA : -6.51 (As of Dec. 2010)

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What is New Oriental Energy & Chemical Debt-to-EBITDA?

New Oriental Energy & Chemical NOEC -99.00% Debt-to-EBITDA is -6.51 as of Dec. 2010.

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

New Oriental Energy & Chemical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $20.54 Mil. New Oriental Energy & Chemical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $3.15 Mil. New Oriental Energy & Chemical's annualized EBITDA for the quarter that ended in Dec. 2010 was $-3.64 Mil. New Oriental Energy & Chemical's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2010 was -6.51.

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 New Oriental Energy & Chemical's Debt-to-EBITDA or its related term are showing as below:

NOEC's Debt-to-EBITDA is not ranked *
in the Agriculture industry.
Industry Median: 1.96
* Ranked among companies with meaningful Debt-to-EBITDA only.

New Oriental Energy & Chemical  (OTCPK:NOEC) 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.

New Oriental Energy & Chemical Debt-to-EBITDA Related Terms

New Oriental Energy & Chemical Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Debt-to-EBITDA Chart

New Oriental Energy & Chemical Annual Data
Trend Dec05 Mar07 Mar08 Mar09 Mar10
Debt-to-EBITDA
0.00 1.49 2.12 -14.04 -3.04

New Oriental Energy & Chemical Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 -54.03 -1.74 -10.46 30.30 -6.51

NOEC vs RTKHQ, LBTD, CVAT: Debt-to-EBITDA Comparison

For the Agricultural Inputs subindustry, New Oriental Energy & Chemical'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.

New Oriental Energy & Chemical Debt-to-EBITDA vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, New Oriental Energy & Chemical's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where New Oriental Energy & Chemical's Debt-to-EBITDA falls into.


New Oriental Energy & Chemical Debt-to-EBITDA Calculation

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

New Oriental Energy & Chemical's Debt-to-EBITDA for the fiscal year that ended in Mar. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.432 + 3.059) / -7.392
=-3.04

New Oriental Energy & Chemical's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.543 + 3.151) / -3.64
=-6.51

* 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 (Dec. 2010) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -6.51 mean?
New Oriental Energy & Chemical (NOEC) has a Debt-to-EBITDA of -6.51 as of Dec. 2010. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on New Oriental Energy & Chemical.
Is New Oriental Energy & Chemical's Debt-to-EBITDA too high?
New Oriental Energy & Chemical's current Debt-to-EBITDA is -6.51.
How does New Oriental Energy & Chemical's Debt-to-EBITDA compare to RTKHQ and LBTD?
New Oriental Energy & Chemical's Debt-to-EBITDA of -6.51 can be compared against companies in the Agriculture industry. The industry median Debt-to-EBITDA is 1.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Agriculture company?
The median Debt-to-EBITDA among Agriculture companies is 1.96, based on 203 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on New Oriental Energy & Chemical. For the Agriculture industry, the median Debt-to-EBITDA is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Oriental Energy & Chemical's current Debt-to-EBITDA is -6.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Oriental Energy & Chemical stock overvalued right now?
New Oriental Energy & Chemical (NOEC) has a current Debt-to-EBITDA of -6.51. The current Debt-to-EBITDA is -6.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For New Oriental Energy & Chemical (NOEC), the current Debt-to-EBITDA is -6.51 as of Dec. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Oriental Energy & Chemical Business Description

Address Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, CHN, 464200
New Oriental Energy & Chemical Corporation, through its subsidiary, is engaged in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China.