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Day TradeXchange (Day TradeXchange) Debt-to-EBITDA : -1.61 (As of Mar. 2008)


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What is Day TradeXchange Debt-to-EBITDA?

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

Day TradeXchange's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2008 was $1.56 Mil. Day TradeXchange's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2008 was $0.15 Mil. Day TradeXchange's annualized EBITDA for the quarter that ended in Mar. 2008 was $-1.06 Mil. Day TradeXchange's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2008 was -1.61.

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 Day TradeXchange's Debt-to-EBITDA or its related term are showing as below:

SYNJ's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.95
* Ranked among companies with meaningful Debt-to-EBITDA only.

Day TradeXchange Debt-to-EBITDA Historical Data

The historical data trend for Day TradeXchange'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.

Day TradeXchange Debt-to-EBITDA Chart

Day TradeXchange Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-EBITDA
-0.12 -0.48 -0.93 -1.64 -23.90

Day TradeXchange Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 -4.05 2.82 10.84 -3.17 -1.61

Competitive Comparison of Day TradeXchange's Debt-to-EBITDA

For the Shell Companies subindustry, Day TradeXchange'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.


Day TradeXchange's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Day TradeXchange's Debt-to-EBITDA distribution charts can be found below:

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



Day TradeXchange Debt-to-EBITDA Calculation

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

Day TradeXchange's Debt-to-EBITDA for the fiscal year that ended in Dec. 2007 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.067 + 0.582) / -0.069
=-23.90

Day TradeXchange's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2008 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.556 + 0.148) / -1.06
=-1.61

* 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 (Mar. 2008) EBITDA data.


Day TradeXchange  (OTCPK:SYNJ) 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.


Day TradeXchange Debt-to-EBITDA Related Terms

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


Day TradeXchange (Day TradeXchange) Business Description

Traded in Other Exchanges
N/A
Address
4320 S. Corbett Avenue, Suite 214, Portland, OR, USA, 97239
Day TradeXchange Inc is currently in the process of investigating possible new business arrangements or acquisitions.