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Cray (CRAY) Debt-to-EBITDA : -0.26 (As of Jun. 2019)


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What is Cray Debt-to-EBITDA?

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

Cray's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.0 Mil. Cray's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $39.8 Mil. Cray's annualized EBITDA for the quarter that ended in Jun. 2019 was $-155.3 Mil. Cray's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 was -0.26.

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

CRAY's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.805
* Ranked among companies with meaningful Debt-to-EBITDA only.

Cray Debt-to-EBITDA Historical Data

The historical data trend for Cray'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.

Cray Debt-to-EBITDA Chart

Cray Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cray Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 - - - -0.40 -0.26

Competitive Comparison of Cray's Debt-to-EBITDA

For the Computer Hardware subindustry, Cray'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.


Cray's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cray's Debt-to-EBITDA distribution charts can be found below:

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



Cray Debt-to-EBITDA Calculation

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

Cray's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -54.134
=0.00

Cray's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 39.845) / -155.288
=-0.26

* 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 (Jun. 2019) EBITDA data.


Cray  (NAS:CRAY) 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.


Cray Debt-to-EBITDA Related Terms

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


Cray (CRAY) Business Description

Traded in Other Exchanges
N/A
Address
901 Fifth Avenue, Suite 1000, Seattle, WA, USA, 98164
Cray Inc designs, manufactures and services the high-performance computing market, primarily supercomputers, in addition to providing storage and data analytics solutions. Customers include domestic and foreign government and government-funded entities, academic institutions, and commercial institutions. The firm's supercomputers address computing resource challenges faced by customers today with respect to achieving massive scaling to tens of thousands of processors. Its analytics products apply these supercomputing technologies to complex data analytics use-cases. The firm generates revenue in the United States, Canada, Europe, Middle East, South America, and Asia Pacific.
Executives
Prithviraj Banerjee director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
Peter J Ungaro director, officer: President & CEO 6280 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
Catriona M. Fallon director C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Daniel C Regis director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
Martin J Homlish director C/O CRAY INC., 901 FIFTH AVENUE, SUITE 1000, SEATTLE WA 98164
Daniel J Evans director 411 FIRST AVENUE SOUTH SUITE 600, SEATTLE WA 98014
William Arthur Owens director C/O CENTURYLINK, INC., 100 CENTURYLINK DRIVE, MONROE LA 71203