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Solar Integrated Roofing (Solar Integrated Roofing) Debt-to-EBITDA : 1.36 (As of Sep. 2022)


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What is Solar Integrated Roofing Debt-to-EBITDA?

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

Solar Integrated Roofing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $35.55 Mil. Solar Integrated Roofing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $4.66 Mil. Solar Integrated Roofing's annualized EBITDA for the quarter that ended in Sep. 2022 was $29.55 Mil. Solar Integrated Roofing's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was 1.36.

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 Solar Integrated Roofing's Debt-to-EBITDA or its related term are showing as below:

SIRC's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.58
* Ranked among companies with meaningful Debt-to-EBITDA only.

Solar Integrated Roofing Debt-to-EBITDA Historical Data

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Debt-to-EBITDA Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Debt-to-EBITDA
- -

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 - - - - 1.36

Competitive Comparison of Solar Integrated Roofing's Debt-to-EBITDA

For the Solar subindustry, Solar Integrated Roofing'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.


Solar Integrated Roofing's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Integrated Roofing's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Solar Integrated Roofing's Debt-to-EBITDA falls into.



Solar Integrated Roofing Debt-to-EBITDA Calculation

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

Solar Integrated Roofing's Debt-to-EBITDA for the fiscal year that ended in Feb. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.324
=0.00

Solar Integrated Roofing's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(35.545 + 4.657) / 29.552
=1.36

* 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. 2022) EBITDA data.


Solar Integrated Roofing  (OTCPK:SIRC) 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.


Solar Integrated Roofing Debt-to-EBITDA Related Terms

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


Solar Integrated Roofing (Solar Integrated Roofing) Business Description

Traded in Other Exchanges
N/A
Address
2831 St. Rose Pkwy, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.
Executives
Richard G Stifel officer: CFO/Secretary 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Timothy Barritt director, officer: CEO/President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Raymond Murphy director, officer: COO/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Richard Stockdale director, officer: Treasurer/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718