GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Precicion Trim Inc (OTCPK:PRTR) » Definitions » Debt-to-EBITDA

Precicion Trim (Precicion Trim) Debt-to-EBITDA : 0.04 (As of Sep. 2011)


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

What is Precicion Trim Debt-to-EBITDA?

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

Precicion Trim's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.30 Mil. Precicion Trim's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was $0.00 Mil. Precicion Trim's annualized EBITDA for the quarter that ended in Sep. 2011 was $7.52 Mil. Precicion Trim's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 was 0.04.

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 Precicion Trim's Debt-to-EBITDA or its related term are showing as below:

PRTR's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.71
* Ranked among companies with meaningful Debt-to-EBITDA only.

Precicion Trim Debt-to-EBITDA Historical Data

The historical data trend for Precicion Trim'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.

Precicion Trim Debt-to-EBITDA Chart

Precicion Trim Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.51 1.95 1.70 0.12

Precicion Trim Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.13 0.14 0.13 0.09 0.04

Competitive Comparison of Precicion Trim's Debt-to-EBITDA

For the Tools & Accessories subindustry, Precicion Trim'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.


Precicion Trim's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Precicion Trim's Debt-to-EBITDA distribution charts can be found below:

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



Precicion Trim Debt-to-EBITDA Calculation

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

Precicion Trim's Debt-to-EBITDA for the fiscal year 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
=(1.087 + 0) / 8.88
=0.12

Precicion Trim's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.302 + 0) / 7.516
=0.04

* 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. 2011) EBITDA data.


Precicion Trim  (OTCPK:PRTR) 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.


Precicion Trim Debt-to-EBITDA Related Terms

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


Precicion Trim (Precicion Trim) Business Description

Traded in Other Exchanges
N/A
Address
17011 Beach Boulevard, 9th Floor, Huntington Beach, CA, USA, 92647
Precicion Trim Inc is a United States based company operating in the machine automation and development field. It designs, manufactures and distributes robotic and non-robotic machines in a wide variety of industries. The company is focused on the development and design of its flower trimming equipment. The equipment will be able to trim the head off of flowering plants at a distance that is programmable by the user. In addition, the company also owns medical devices.
Executives
Kenneth Leung director 257 GOLD STREET APT. 14B BROOKLYN NY 11201
Joseph Charles Passalaqua 10 percent owner 106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Craig Burton director, officer: President 104 DUNLAP DRIVE, DEWITT NY 13214

Precicion Trim (Precicion Trim) Headlines

From GuruFocus

Precicion Trim Encouraged By Trump Comments 

By Marketwired Marketwired 06-15-2018