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Triad Guaranty (Triad Guaranty) Debt-to-EBITDA : 0.00 (As of Sep. 2012)


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What is Triad Guaranty Debt-to-EBITDA?

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

Triad Guaranty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.0 Mil. Triad Guaranty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2012 was $0.0 Mil. Triad Guaranty's annualized EBITDA for the quarter that ended in Sep. 2012 was $-112.1 Mil. Triad Guaranty's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 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 Triad Guaranty's Debt-to-EBITDA or its related term are showing as below:

TGIC's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.455
* Ranked among companies with meaningful Debt-to-EBITDA only.

Triad Guaranty Debt-to-EBITDA Historical Data

The historical data trend for Triad Guaranty'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.

Triad Guaranty Debt-to-EBITDA Chart

Triad Guaranty Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.92 -0.05 -0.06 - -

Triad Guaranty Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 - - - - -

Competitive Comparison of Triad Guaranty's Debt-to-EBITDA

For the Insurance - Specialty subindustry, Triad Guaranty'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.


Triad Guaranty's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Triad Guaranty's Debt-to-EBITDA distribution charts can be found below:

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



Triad Guaranty Debt-to-EBITDA Calculation

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

Triad Guaranty's Debt-to-EBITDA for the fiscal year that ended in Dec. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -88.53
=0.00

Triad Guaranty's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -112.076
=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. 2012) EBITDA data.


Triad Guaranty  (OTCPK:TGIC) 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.


Triad Guaranty Debt-to-EBITDA Related Terms

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


Triad Guaranty (Triad Guaranty) Business Description

Traded in Other Exchanges
N/A
Address
101 South Stratford Road, Winston-Salem, NC, USA, 27104
Triad Guaranty Inc is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation ('TGIC'), is a nationwide mortgage insurer pursuing a run-off of its existing in-force book of business.
Executives
Durham Harold Lee Jr director 4300 SIX FORKS ROAD, RALEIGH NC 27609
Williamson Henry G Jr director HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112

Triad Guaranty (Triad Guaranty) Headlines

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