Eastern Security & Protection Services (Eastern Security & Protection Services) Debt-to-EBITDA : 0.37 (As of Jun. 2011)

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What is Eastern Security & Protection Services Debt-to-EBITDA?

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

Eastern Security & Protection Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was $1.55 Mil. Eastern Security & Protection Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2011 was $0.00 Mil. Eastern Security & Protection Services's annualized EBITDA for the quarter that ended in Jun. 2011 was $4.18 Mil. Eastern Security & Protection Services's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2011 was 0.37.

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 Eastern Security & Protection Services's Debt-to-EBITDA or its related term are showing as below:

EAST's Debt-to-EBITDA is not ranked ^*
in the Business Services industry.
Industry Median: 1.88
* Ranked among companies with meaningful Debt-to-EBITDA only.

Eastern Security & Protection Services Debt-to-EBITDA Historical Data

The historical data trend for Eastern Security & Protection Services'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.

Eastern Security & Protection Services Debt-to-EBITDA Chart

Eastern Security & Protection Services Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Debt-to-EBITDA

Eastern Security & Protection Services Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11
Debt-to-EBITDA	Get a 7-Day Free Trial												N/A	-	N/A	0.20	0.37

Competitive Comparison of Eastern Security & Protection Services's Debt-to-EBITDA

For the Security & Protection Services subindustry, Eastern Security & Protection Services'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.

Eastern Security & Protection Services's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eastern Security & Protection Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eastern Security & Protection Services's Debt-to-EBITDA falls into.

Eastern Security & Protection Services Debt-to-EBITDA Calculation

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

Eastern Security & Protection Services's Debt-to-EBITDA for the fiscal year that ended in Jun. 2010 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-0.01
	=	0.00

Eastern Security & Protection Services's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2011 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.547	+	0)	/	4.176
	=	0.37

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. 2011) EBITDA data.

Eastern Security & Protection Services (OTCPK:EAST) 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.

Eastern Security & Protection Services Debt-to-EBITDA Related Terms

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