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Voya Prime Rate Trust Debt-to-EBITDA

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

Voya Prime Rate Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $0.00 Mil. Voya Prime Rate Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $315.90 Mil. Voya Prime Rate Trust's annualized EBITDA for the quarter that ended in Feb. 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:PPR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 28.16
Current: 28.16

0
28.16

During the past 3 years, the highest Debt-to-EBITDA Ratio of Voya Prime Rate Trust was 28.16. The lowest was 0.00. And the median was 0.00.

NYSE:PPR's Debt-to-EBITDA is ranked lower than
94% of the 539 Companies
in the Asset Management industry.

( Industry Median: 2.18 vs. NYSE:PPR: 28.16 )

Voya Prime 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.

Voya Prime Rate Trust Annual Data
Feb18 Feb19 Feb20
Debt-to-EBITDA N/A N/A N/A

Voya Prime Rate Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20
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.


Voya Prime Rate Trust Debt-to-EBITDA Distribution

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



Voya Prime Rate Trust Debt-to-EBITDA Calculation

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

Voya Prime Rate Trust's Debt-to-EBITDA for the fiscal year that ended in Feb. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 315.9) / N/A
=N/A

Voya Prime Rate Trust's annualized Debt-to-EBITDA for the quarter that ended in Feb. 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 (Feb. 2020) EBITDA data.


Voya Prime Rate Trust  (NYSE:PPR) 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.


Voya Prime Rate Trust Debt-to-EBITDA Related Terms


Voya Prime Rate Trust Debt-to-EBITDA Headlines

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