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First Trust Highome Long/Short Fund Debt-to-EBITDA

: N/A As of Apr. 2020
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Debt-to-EBITDA measures a company's ability to pay off its debt.

First Trust Highome Long/Short Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $0.00 Mil. First Trust Highome Long/Short Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $62.70 Mil. First Trust Highome Long/Short Fund's annualized EBITDA for the quarter that ended in Apr. 2020 was $0.00 Mil.

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.

NYSE:FSD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.5   Med: 0   Max: 0
Current: -1.5

-1.5
0
NYSE:FSD's Debt-to-EBITDA is ranked lower than
99.99% of the 554 Companies
in the Asset Management industry.

( Industry Median: 2.01 vs. NYSE:FSD: -1.50 )

First Trust Highome Long/Short Fund Debt-to-EBITDA Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

First Trust Highome Long/Short Fund Annual Data
Oct17 Oct18 Oct19
Debt-to-EBITDA N/A N/A N/A

First Trust Highome Long/Short Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20
Debt-to-EBITDA Premium Member Only N/A N/A N/A N/A N/A

Competitive Comparison
* 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.


First Trust Highome Long/Short Fund Debt-to-EBITDA Distribution

* The bar in red indicates where First Trust Highome Long/Short Fund's Debt-to-EBITDA falls into.



First Trust Highome Long/Short Fund Debt-to-EBITDA Calculation

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

First Trust Highome Long/Short Fund's Debt-to-EBITDA for the fiscal year that ended in Oct. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 25.765) / N/A
=N/A

First Trust Highome Long/Short Fund's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 two times the quarterly (Apr. 2020) EBITDA data.


First Trust Highome Long/Short Fund  (NYSE:FSD) 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.


First Trust Highome Long/Short Fund Debt-to-EBITDA Related Terms


First Trust Highome Long/Short Fund Debt-to-EBITDA Headlines

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