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Pioneer Floating Rate Trust Debt-to-EBITDA

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

Pioneer Floating Rate Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was $0.00 Mil. Pioneer Floating Rate Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2020 was $103.45 Mil. Pioneer Floating Rate Trust's annualized EBITDA for the quarter that ended in May. 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:PHD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.02   Med: 0   Max: 0
Current: -4.02

-4.02
0
NYSE:PHD'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:PHD: -4.02 )

Pioneer Floating Rate Trust 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.

Pioneer Floating Rate Trust Annual Data
Nov17 Nov18 Nov19
Debt-to-EBITDA N/A N/A N/A

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20
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.


Pioneer Floating Rate Trust Debt-to-EBITDA Distribution

* The bar in red indicates where Pioneer Floating Rate Trust's Debt-to-EBITDA falls into.



Pioneer Floating Rate Trust Debt-to-EBITDA Calculation

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

Pioneer Floating Rate Trust's Debt-to-EBITDA for the fiscal year that ended in Nov. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 139.45) / N/A
=N/A

Pioneer Floating Rate Trust's annualized Debt-to-EBITDA for the quarter that ended in May. 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 (May. 2020) EBITDA data.


Pioneer Floating Rate Trust  (NYSE:PHD) 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.


Pioneer Floating Rate Trust Debt-to-EBITDA Related Terms


Pioneer Floating Rate Trust Debt-to-EBITDA Headlines

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