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WestAmerica (WestAmerica) Debt-to-EBITDA : -0.29 (As of Dec. 2097)


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What is WestAmerica Debt-to-EBITDA?

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

WestAmerica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2097 was $0.10 Mil. WestAmerica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2097 was $0.70 Mil. WestAmerica's annualized EBITDA for the quarter that ended in Dec. 2097 was $-2.80 Mil. WestAmerica's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2097 was -0.29.

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

WACC'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.

WestAmerica Debt-to-EBITDA Historical Data

The historical data trend for WestAmerica'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.

WestAmerica Debt-to-EBITDA Chart

WestAmerica Annual Data
Trend Mar90 Mar91 Mar92 Mar93 Mar94 Mar95 Mar96 Mar97
Debt-to-EBITDA
Get a 7-Day Free Trial -3.00 -2.00 -2.50 1.20 1.40

WestAmerica Quarterly Data
Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97
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 2.00 0.58 -1.50 -0.75 -0.29

Competitive Comparison of WestAmerica's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, WestAmerica'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.


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

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

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



WestAmerica Debt-to-EBITDA Calculation

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

WestAmerica's Debt-to-EBITDA for the fiscal year that ended in Mar. 2097 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.1 + 0.6) / 0.5
=1.40

WestAmerica's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2097 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.1 + 0.7) / -2.8
=-0.29

* 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. 2097) EBITDA data.


WestAmerica  (OTCPK:WACC) 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.


WestAmerica Debt-to-EBITDA Related Terms

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


WestAmerica (WestAmerica) Business Description

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