PRGNF (Paragon Shipping) Debt-to-EBITDA : N/A (As of Dec. 2016)

Paragon Shipping  (OTCPK:PRGNF) 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.

Paragon Shipping Debt-to-EBITDA Related Terms

The historical data trend for Paragon Shipping'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.

Paragon Shipping Debt-to-EBITDA Chart

Paragon Shipping Annual Data
	Trend	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Debt-to-EBITDA		Get a 7-Day Free Trial					35.08	24.10	-9.39	-0.40	0.60

Paragon Shipping Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Dec16
Debt-to-EBITDA	Get a 7-Day Free Trial															-30.40	-0.60	-6.69	-0.14	N/A

PRGNF vs CTRM, GLBS, TOPS: Debt-to-EBITDA Comparison

For the Marine Shipping subindustry, Paragon Shipping'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.

Paragon Shipping Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Paragon Shipping's Debt-to-EBITDA distribution charts can be found below:

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

Paragon Shipping Debt-to-EBITDA Calculation

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

Paragon Shipping's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Paragon Shipping's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 is calculated as

* 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. 2016) EBITDA data.

Paragon Shipping Business Description