SOPV (Solar Park Initiatives) Debt-to-EBITDA : -0.10 (As of Jun. 2011)

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What is Solar Park Initiatives Debt-to-EBITDA?

Solar Park Initiatives SOPV -90.00% Debt-to-EBITDA is -0.10 as of Jun. 2011.

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

Solar Park Initiatives's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was $0.02 Mil. Solar Park Initiatives's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was $0.09 Mil. Solar Park Initiatives's annualized EBITDA for the quarter that ended in Jun. 2011 was $-1.09 Mil. Solar Park Initiatives's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2011 was -0.10.

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 Park Initiatives's Debt-to-EBITDA or its related term are showing as below:

SOPV's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.45
* Ranked among companies with meaningful Debt-to-EBITDA only.

Solar Park Initiatives  (OTCPK:SOPV) 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 Park Initiatives Debt-to-EBITDA Related Terms

Solar Park Initiatives Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Solar Park Initiatives'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.

Solar Park Initiatives Debt-to-EBITDA Chart

Solar Park Initiatives Annual Data
Trend Sep08 Sep09 Sep10
Debt-to-EBITDA
-1.88 -0.17 0.00

Solar Park Initiatives Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.20 -0.10

SOPV vs ABCE, LIBE, SSOL: Debt-to-EBITDA Comparison

For the Solar subindustry, Solar Park Initiatives'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 Park Initiatives Debt-to-EBITDA vs Semiconductors Industry

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

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


Solar Park Initiatives Debt-to-EBITDA Calculation

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

Solar Park Initiatives's Debt-to-EBITDA for the fiscal year that ended in Sep. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.15
=0.00

Solar Park Initiatives's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.016 + 0.089) / -1.092
=-0.10

* 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 (Jun. 2011) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.10 mean?
Solar Park Initiatives (SOPV) has a Debt-to-EBITDA of -0.10 as of Jun. 2011. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Solar Park Initiatives.
Is Solar Park Initiatives' Debt-to-EBITDA too high?
Solar Park Initiatives' current Debt-to-EBITDA is -0.10.
How does Solar Park Initiatives' Debt-to-EBITDA compare to ABCE and LIBE?
Solar Park Initiatives' Debt-to-EBITDA of -0.10 can be compared against companies in the Semiconductors industry. The industry median Debt-to-EBITDA is 1.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 724 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Solar Park Initiatives. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Park Initiatives's current Debt-to-EBITDA is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Park Initiatives stock overvalued right now?
Solar Park Initiatives (SOPV) has a current Debt-to-EBITDA of -0.10. The current Debt-to-EBITDA is -0.10. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Solar Park Initiatives (SOPV), the current Debt-to-EBITDA is -0.10 as of Jun. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Solar Park Initiatives Business Description

Address 2500 Regency Parkway, Suite 200, Cary, NC, USA, 27518
Solar Park Initiatives Inc is a professional services and engineering firm providing renewable energy through photovoltaic and solar thermal technologies.