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Signature Eyewear (Signature Eyewear) Debt-to-EBITDA : 14.07 (As of Apr. 2011)


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What is Signature Eyewear Debt-to-EBITDA?

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

Signature Eyewear's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2011 was $0.29 Mil. Signature Eyewear's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2011 was $3.93 Mil. Signature Eyewear's annualized EBITDA for the quarter that ended in Apr. 2011 was $0.30 Mil. Signature Eyewear's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2011 was 14.07.

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 Signature Eyewear's Debt-to-EBITDA or its related term are showing as below:

SEYE's Debt-to-EBITDA is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

Signature Eyewear Debt-to-EBITDA Historical Data

The historical data trend for Signature Eyewear'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.

Signature Eyewear Debt-to-EBITDA Chart

Signature Eyewear Annual Data
Trend Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.40 4.08 4.82 4.02 4.77

Signature Eyewear Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11
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 3.69 3.54 7.37 5.87 14.07

Competitive Comparison of Signature Eyewear's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, Signature Eyewear'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.


Signature Eyewear's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Signature Eyewear's Debt-to-EBITDA distribution charts can be found below:

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



Signature Eyewear Debt-to-EBITDA Calculation

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

Signature Eyewear's Debt-to-EBITDA for the fiscal year that ended in Oct. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.29 + 3.72) / 0.84
=4.77

Signature Eyewear's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.29 + 3.931) / 0.3
=14.07

* 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 (Apr. 2011) EBITDA data.


Signature Eyewear  (OTCPK:SEYE) 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.


Signature Eyewear Debt-to-EBITDA Related Terms

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


Signature Eyewear (Signature Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
317 Isis Avenue 207, Inglewood, CA, USA, 90301
Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

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