GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southridge Enterprises Inc (GREY:SRGE) » Definitions » Debt-to-EBITDA

Southridge Enterprises (Southridge Enterprises) Debt-to-EBITDA : 0.25 (As of May. 2008)


View and export this data going back to 2005. Start your Free Trial

What is Southridge Enterprises Debt-to-EBITDA?

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

Southridge Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2008 was $0.00 Mil. Southridge Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2008 was $2.50 Mil. Southridge Enterprises's annualized EBITDA for the quarter that ended in May. 2008 was $10.04 Mil. Southridge Enterprises's annualized Debt-to-EBITDA for the quarter that ended in May. 2008 was 0.25.

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 Southridge Enterprises's Debt-to-EBITDA or its related term are showing as below:

SRGE's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Southridge Enterprises Debt-to-EBITDA Historical Data

The historical data trend for Southridge Enterprises'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.

Southridge Enterprises Debt-to-EBITDA Chart

Southridge Enterprises Annual Data
Trend Aug06 Aug07
Debt-to-EBITDA
- -

Southridge Enterprises Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.55 - -1.55 -2.09 0.25

Competitive Comparison of Southridge Enterprises's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Southridge Enterprises'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.


Southridge Enterprises's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southridge Enterprises's Debt-to-EBITDA distribution charts can be found below:

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



Southridge Enterprises Debt-to-EBITDA Calculation

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

Southridge Enterprises's Debt-to-EBITDA for the fiscal year that ended in Aug. 2007 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.978
=0.00

Southridge Enterprises's annualized Debt-to-EBITDA for the quarter that ended in May. 2008 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2.497) / 10.04
=0.25

* 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 (May. 2008) EBITDA data.


Southridge Enterprises  (GREY:SRGE) 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.


Southridge Enterprises Debt-to-EBITDA Related Terms

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


Southridge Enterprises (Southridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219
Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

Southridge Enterprises (Southridge Enterprises) Headlines

No Headlines