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Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Debt-to-EBITDA : -1.43 (As of Sep. 2016)


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What is Southern Concepts Restaurant Group Debt-to-EBITDA?

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

Southern Concepts Restaurant Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $1.58 Mil. Southern Concepts Restaurant Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $1.35 Mil. Southern Concepts Restaurant Group's annualized EBITDA for the quarter that ended in Sep. 2016 was $-2.05 Mil. Southern Concepts Restaurant Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2016 was -1.43.

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

RIBS's Debt-to-EBITDA is not ranked *
in the Restaurants industry.
Industry Median: 2.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Southern Concepts Restaurant Group Debt-to-EBITDA Historical Data

The historical data trend for Southern Concepts Restaurant Group'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.

Southern Concepts Restaurant Group Debt-to-EBITDA Chart

Southern Concepts Restaurant Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
Get a 7-Day Free Trial -14.23 -0.56 -0.48 -0.54 -0.97

Southern Concepts Restaurant Group Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -0.98 -0.92 -1.02 -1.17 -1.43

Competitive Comparison of Southern Concepts Restaurant Group's Debt-to-EBITDA

For the Restaurants subindustry, Southern Concepts Restaurant Group'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.


Southern Concepts Restaurant Group's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Southern Concepts Restaurant Group's Debt-to-EBITDA distribution charts can be found below:

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



Southern Concepts Restaurant Group Debt-to-EBITDA Calculation

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

Southern Concepts Restaurant Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.914 + 1.593) / -2.58
=-0.97

Southern Concepts Restaurant Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.581 + 1.352) / -2.052
=-1.43

* 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. 2016) EBITDA data.


Southern Concepts Restaurant Group  (OTCPK:RIBS) 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.


Southern Concepts Restaurant Group Debt-to-EBITDA Related Terms

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


Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
3001 PGA Boulevard, Suite 305, Palm Beach Gardens, FL, USA, 33410
Southern Concepts Restaurant Group Inc is a Shell company.
Executives
Kenneth A Cutshaw director C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319

Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Headlines

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