PREM (Premier Air Charter Holdings) Debt-to-EBITDA : -1.39 (As of Dec. 2024)

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What is Premier Air Charter Holdings Debt-to-EBITDA?

Premier Air Charter Holdings PREM Debt-to-EBITDA is -1.39 as of Dec. 2024.

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

Premier Air Charter Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.16 Mil. Premier Air Charter Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Premier Air Charter Holdings's annualized EBITDA for the quarter that ended in Dec. 2024 was $-0.11 Mil. Premier Air Charter Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -1.39.

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 Premier Air Charter Holdings's Debt-to-EBITDA or its related term are showing as below:

PREM's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.64
* Ranked among companies with meaningful Debt-to-EBITDA only.

Premier Air Charter Holdings  (OTCPK:PREM) 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.

Premier Air Charter Holdings Debt-to-EBITDA Related Terms

Premier Air Charter Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Premier Air Charter Holdings'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.

Premier Air Charter Holdings Debt-to-EBITDA Chart

Premier Air Charter Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -14.67 -0.03 -0.06 -0.04

Premier Air Charter Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.00 -0.17 -1.22 -1.08 -1.39

PREM vs CISS, TLSS, APSI: Debt-to-EBITDA Comparison

For the Airlines subindustry, Premier Air Charter Holdings'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.

Premier Air Charter Holdings Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Premier Air Charter Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Premier Air Charter Holdings's Debt-to-EBITDA falls into.


Premier Air Charter Holdings Debt-to-EBITDA Calculation

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

Premier Air Charter Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.062 + 0) / -1.555
=-0.04

Premier Air Charter Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.156 + 0) / -0.112
=-1.39

* 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. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.39 mean?
Premier Air Charter Holdings (PREM) has a Debt-to-EBITDA of -1.39 as of Dec. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Premier Air Charter Holdings.
Is Premier Air Charter Holdings' Debt-to-EBITDA too high?
Premier Air Charter Holdings' current Debt-to-EBITDA is -1.39.
How does Premier Air Charter Holdings' Debt-to-EBITDA compare to CISS and TLSS?
Premier Air Charter Holdings' Debt-to-EBITDA of -1.39 can be compared against companies in the Transportation industry. The industry median Debt-to-EBITDA is 2.64. 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 a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 869 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 Premier Air Charter Holdings. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Air Charter Holdings's current Debt-to-EBITDA is -1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Air Charter Holdings stock overvalued right now?
Premier Air Charter Holdings (PREM) has a current Debt-to-EBITDA of -1.39. The current Debt-to-EBITDA is -1.39. 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 Premier Air Charter Holdings (PREM), the current Debt-to-EBITDA is -1.39 as of Dec. 2024. 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.

Premier Air Charter Holdings Business Description

Address 2006 Palomar Airport Road, Suite 210, Carlsbad, CA, USA, 92011
Premier Air Charter Holdings Inc is a San Diego-based aircraft charter company, that provides an international community of aviation enthusiasts. Its vast fleet of aircraft includes everything from Light Jets and Turbojets to Mid-Large Jets.