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SSP Offshore (SSP Offshore) Debt-to-EBITDA : 0.00 (As of Sep. 2014)


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What is SSP Offshore Debt-to-EBITDA?

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

SSP Offshore's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.00 Mil. SSP Offshore's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.00 Mil. SSP Offshore's annualized EBITDA for the quarter that ended in Sep. 2014 was $-7.06 Mil. SSP Offshore's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was 0.00.

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 SSP Offshore's Debt-to-EBITDA or its related term are showing as below:

SSZZF's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

SSP Offshore Debt-to-EBITDA Historical Data

The historical data trend for SSP Offshore'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.

SSP Offshore Debt-to-EBITDA Chart

SSP Offshore Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
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SSP Offshore Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of SSP Offshore's Debt-to-EBITDA

For the Oil & Gas Drilling subindustry, SSP Offshore'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.


SSP Offshore's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SSP Offshore's Debt-to-EBITDA distribution charts can be found below:

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



SSP Offshore Debt-to-EBITDA Calculation

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

SSP Offshore's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

SSP Offshore's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -7.056
=0.00

* 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. 2014) EBITDA data.


SSP Offshore  (OTCPK:SSZZF) 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.


SSP Offshore Debt-to-EBITDA Related Terms

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SSP Offshore (SSP Offshore) Business Description

Traded in Other Exchanges
N/A
Address
SSP Offshore, Inc. and its subsidiaries are engaged in the development and commercialization of proprietary technology related to floating, production, storage and offloading vessels. The Company is also pursuing other applications for the technology other than FPSOs. The Company's product is the game changing SSP, the next generation round floater that redefines the FPSO.

SSP Offshore (SSP Offshore) Headlines

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