GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Poseidon Concepts Corp (GREY:POOSF) » Definitions » Debt-to-EBITDA

Poseidon Concepts (Poseidon Concepts) Debt-to-EBITDA : 1.21 (As of Sep. 2012)


View and export this data going back to 2011. Start your Free Trial

What is Poseidon Concepts Debt-to-EBITDA?

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

Poseidon Concepts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.0 Mil. Poseidon Concepts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $56.8 Mil. Poseidon Concepts's annualized EBITDA for the quarter that ended in Sep. 2012 was $47.0 Mil. Poseidon Concepts's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 was 1.21.

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 Poseidon Concepts's Debt-to-EBITDA or its related term are showing as below:

POOSF's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

Poseidon Concepts Debt-to-EBITDA Historical Data

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Debt-to-EBITDA Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-EBITDA
Get a 7-Day Free Trial 0.89 1.36 2.67 2.03 0.34

Poseidon Concepts Quarterly Data
Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.57 0.24 0.06 0.20 1.21

Competitive Comparison of Poseidon Concepts's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.


Poseidon Concepts's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Poseidon Concepts's Debt-to-EBITDA distribution charts can be found below:

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



Poseidon Concepts Debt-to-EBITDA Calculation

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

Poseidon Concepts's Debt-to-EBITDA for the fiscal year that ended in Dec. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.72 + 0) / 81.786
=0.34

Poseidon Concepts's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 56.776) / 47.012
=1.21

* 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. 2012) EBITDA data.


Poseidon Concepts  (GREY:POOSF) 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.


Poseidon Concepts Debt-to-EBITDA Related Terms

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


Poseidon Concepts (Poseidon Concepts) Business Description

Traded in Other Exchanges
N/A
Address
645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

Poseidon Concepts (Poseidon Concepts) Headlines

From GuruFocus

Fracking Liquids and Solid Dividends

By Roger Conrad Roger Conrad 10-22-2012