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Western Sierra Resource (Western Sierra Resource) Debt-to-EBITDA : -0.39 (As of Sep. 2008)


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What is Western Sierra Resource Debt-to-EBITDA?

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

Western Sierra Resource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.11 Mil. Western Sierra Resource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2008 was $0.00 Mil. Western Sierra Resource's annualized EBITDA for the quarter that ended in Sep. 2008 was $-0.28 Mil. Western Sierra Resource's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2008 was -0.39.

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 Western Sierra Resource's Debt-to-EBITDA or its related term are showing as below:

WSRC's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.68
* Ranked among companies with meaningful Debt-to-EBITDA only.

Western Sierra Resource Debt-to-EBITDA Historical Data

The historical data trend for Western Sierra Resource'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.

Western Sierra Resource Debt-to-EBITDA Chart

Western Sierra Resource Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.28 -0.22 -0.13 -0.16 -0.87

Western Sierra Resource Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -0.88 -0.94 -0.15 -0.99 -0.39

Competitive Comparison of Western Sierra Resource's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, Western Sierra Resource'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.


Western Sierra Resource's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Western Sierra Resource's Debt-to-EBITDA distribution charts can be found below:

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



Western Sierra Resource Debt-to-EBITDA Calculation

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

Western Sierra Resource'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
=(0.207 + 0) / -0.237
=-0.87

Western Sierra Resource's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2008 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.107 + 0) / -0.276
=-0.39

* 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. 2008) EBITDA data.


Western Sierra Resource  (OTCPK:WSRC) 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.


Western Sierra Resource Debt-to-EBITDA Related Terms

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


Western Sierra Resource (Western Sierra Resource) Business Description

Traded in Other Exchanges
N/A
Address
1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602
Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.