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Box Ships (Box Ships) Debt-to-EBITDA : -1.32 (As of Dec. 2015)


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What is Box Ships Debt-to-EBITDA?

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

Box Ships's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $122.76 Mil. Box Ships's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $0.00 Mil. Box Ships's annualized EBITDA for the quarter that ended in Dec. 2015 was $-92.81 Mil. Box Ships's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2015 was -1.32.

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 Box Ships's Debt-to-EBITDA or its related term are showing as below:

TEUFF's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.83
* Ranked among companies with meaningful Debt-to-EBITDA only.

Box Ships Debt-to-EBITDA Historical Data

The historical data trend for Box Ships'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.

Box Ships Debt-to-EBITDA Chart

Box Ships Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-EBITDA
Get a 7-Day Free Trial 4.95 3.98 4.41 -41.32 -

Box Ships Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 Premium Member Only Premium Member Only 6.75 8.55 7.17 -1.32 N/A

Competitive Comparison of Box Ships's Debt-to-EBITDA

For the Marine Shipping subindustry, Box Ships'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.


Box Ships's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Box Ships's Debt-to-EBITDA distribution charts can be found below:

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



Box Ships Debt-to-EBITDA Calculation

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

Box Ships's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -214.05
=0.00

Box Ships's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(122.763 + 0) / -92.812
=-1.32

* 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 (Dec. 2015) EBITDA data.


Box Ships  (OTCPK:TEUFF) 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.


Box Ships Debt-to-EBITDA Related Terms

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


Box Ships (Box Ships) Business Description

Traded in Other Exchanges
N/A
Address
15, Karamanli Avenue, Voula, GRC, GR 16673
Box Ships Inc is a shipping company specializing in the transportation of containers and the provision of commercial management services to shipping companies. The time charter generates maximum revenue for the company.

Box Ships (Box Ships) Headlines

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