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Pyne Gould (NZSE:PGC) Debt-to-EBITDA : -6.67 (As of Dec. 2017)


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What is Pyne Gould Debt-to-EBITDA?

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

Pyne Gould's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was NZ$0.00 Mil. Pyne Gould's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was NZ$94.71 Mil. Pyne Gould's annualized EBITDA for the quarter that ended in Dec. 2017 was NZ$-14.19 Mil. Pyne Gould's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 was -6.67.

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 Pyne Gould's Debt-to-EBITDA or its related term are showing as below:

NZSE:PGC'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.

Pyne Gould Debt-to-EBITDA Historical Data

The historical data trend for Pyne Gould'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.

Pyne Gould Debt-to-EBITDA Chart

Pyne Gould Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 67.11 6.79 -3.08 -50.65

Pyne Gould Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 6.82 3.57 -1.12 -6.67 10.49

Competitive Comparison of Pyne Gould's Debt-to-EBITDA

For the Asset Management subindustry, Pyne Gould'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.


Pyne Gould's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pyne Gould's Debt-to-EBITDA distribution charts can be found below:

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



Pyne Gould Debt-to-EBITDA Calculation

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

Pyne Gould's Debt-to-EBITDA for the fiscal year that ended in Jun. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.8 + 103.491) / -2.079
=-50.65

Pyne Gould's annualized Debt-to-EBITDA for the quarter 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 + 94.712) / -14.194
=-6.67

* 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 (Dec. 2017) EBITDA data.


Pyne Gould  (NZSE:PGC) 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.


Pyne Gould Debt-to-EBITDA Related Terms

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


Pyne Gould (NZSE:PGC) Business Description

Traded in Other Exchanges
N/A
Address
Pyne Gould Corp Ltd is a wealth management company. The company operates in various business segments that include Torchlight Segment; which provides investment management services and a proprietary investor, Property Group segment; which manages group's property assets, and Parent Company segment; which hold investments in subsidiaries. The Torchlight business segment generates maximum revenue for the company. Geographically the company exports its products to Australia and Cayman Islands regions. The Australian region generates maximum revenue for the company.