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GDL Fund Debt-to-EBITDA

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

GDL Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. GDL Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $0.00 Mil. GDL Fund's annualized EBITDA for the quarter that ended in Jun. 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:GDL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.03   Med: 0   Max: 0
Current: -0.03

-0.03
0
NYSE:GDL's Debt-to-EBITDA is ranked lower than
99.99% of the 543 Companies
in the Asset Management industry.

( Industry Median: 2.18 vs. NYSE:GDL: -0.03 )

GDL 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.

GDL Fund Annual Data
Dec17 Dec18 Dec19
Debt-to-EBITDA N/A N/A N/A

GDL Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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.


GDL Fund Debt-to-EBITDA Distribution

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



GDL Fund Debt-to-EBITDA Calculation

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

GDL Fund's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.145) / N/A
=N/A

GDL Fund's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 (Jun. 2020) EBITDA data.


GDL Fund  (NYSE:GDL) 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.


GDL Fund Debt-to-EBITDA Related Terms


GDL Fund Debt-to-EBITDA Headlines

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