Zecotek Photonics (Zecotek Photonics) Debt-to-EBITDA : -2.91 (As of Apr. 2020)

Zecotek Photonics Debt-to-EBITDA Chart

Zecotek Photonics Annual Data
	Trend	Jul10	Jul11	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19
Debt-to-EBITDA		Get a 7-Day Free Trial					-	-0.01	-0.01	-	-0.94

Zecotek Photonics Quarterly Data
	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.60	-2.70	-1.55	-	-2.91

Competitive Comparison of Zecotek Photonics's Debt-to-EBITDA

For the Medical Devices subindustry, Zecotek Photonics'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.

Zecotek Photonics's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zecotek Photonics's Debt-to-EBITDA distribution charts can be found below:

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

Zecotek Photonics Debt-to-EBITDA Calculation

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

Zecotek Photonics's Debt-to-EBITDA for the fiscal year that ended in Jul. 2019 is calculated as

Zecotek Photonics's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2020 is calculated as

* 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. 2020) EBITDA data.

Zecotek Photonics  (OTCPK:ZMSPF) 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.

Zecotek Photonics Debt-to-EBITDA Related Terms

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Zecotek Photonics (Zecotek Photonics) Business Description