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Worldwide Strategies (Worldwide Strategies) Debt-to-EBITDA : -18.20 (As of Apr. 2023)


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What is Worldwide Strategies Debt-to-EBITDA?

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

Worldwide Strategies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was $1.07 Mil. Worldwide Strategies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2023 was $0.09 Mil. Worldwide Strategies's annualized EBITDA for the quarter that ended in Apr. 2023 was $-0.06 Mil. Worldwide Strategies's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2023 was -18.20.

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

WWSG's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.96
* Ranked among companies with meaningful Debt-to-EBITDA only.

Worldwide Strategies Debt-to-EBITDA Historical Data

The historical data trend for Worldwide Strategies'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.

Worldwide Strategies Debt-to-EBITDA Chart

Worldwide Strategies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul20 Jul21 Jul22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.37 -7.12 N/A -0.38 -18.52

Worldwide Strategies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 -22.08 -22.38 -1.05 -15.28 -18.20

Competitive Comparison of Worldwide Strategies's Debt-to-EBITDA

For the Shell Companies subindustry, Worldwide Strategies'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.


Worldwide Strategies's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Worldwide Strategies Debt-to-EBITDA Calculation

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

Worldwide Strategies's Debt-to-EBITDA for the fiscal year that ended in Jul. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.492 + 0.045) / -0.029
=-18.52

Worldwide Strategies's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.072 + 0.093) / -0.064
=-18.20

* 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 (Apr. 2023) EBITDA data.


Worldwide Strategies  (OTCPK:WWSG) 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.


Worldwide Strategies Debt-to-EBITDA Related Terms

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


Worldwide Strategies (Worldwide Strategies) Business Description

Traded in Other Exchanges
N/A
Address
1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208
Worldwide Strategies Inc is a shell company.
Executives
Thomas Edward Mccabe officer: Chief Financial Officer 10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney director 2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia 10 percent owner 8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen director
James P Samuels director, 10 percent owner, officer: CEO 3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg director 18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo director 1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville director, officer: CFO 3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane director 3620 MAIN STREET, MUNHALL PA 15120

Worldwide Strategies (Worldwide Strategies) Headlines

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