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AmTrust Financial Services (AmTrust Financial Services) Debt-to-EBITDA : -10.25 (As of Sep. 2018)


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What is AmTrust Financial Services Debt-to-EBITDA?

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

AmTrust Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $0.00 Mil. AmTrust Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2018 was $1,493.00 Mil. AmTrust Financial Services's annualized EBITDA for the quarter that ended in Sep. 2018 was $-145.60 Mil. AmTrust Financial Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 was -10.25.

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 AmTrust Financial Services's Debt-to-EBITDA or its related term are showing as below:

AFSIN.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.23   Med: 1.46   Max: 4.33
Current: 4.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of AmTrust Financial Services was 4.33. The lowest was -5.23. And the median was 1.46.

AFSIN.PFD's Debt-to-EBITDA is not ranked
in the Insurance industry.
Industry Median: 1.415 vs AFSIN.PFD: 4.33

AmTrust Financial Services Debt-to-EBITDA Historical Data

The historical data trend for AmTrust Financial 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.

AmTrust Financial Services Debt-to-EBITDA Chart

AmTrust Financial Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.76 1.87 1.99 -5.91

AmTrust Financial Services Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.85 -1.37 0.53 -4.74 -10.25

Competitive Comparison of AmTrust Financial Services's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, AmTrust Financial 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.


AmTrust Financial Services's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, AmTrust Financial Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AmTrust Financial Services's Debt-to-EBITDA falls into.



AmTrust Financial Services Debt-to-EBITDA Calculation

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

AmTrust Financial Services's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1456.696) / -246.407
=-5.91

AmTrust Financial Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1493) / -145.6
=-10.25

* 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.

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 (Sep. 2018) EBITDA data.


AmTrust Financial Services  (OTCPK:AFSIN.PFD) 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.


AmTrust Financial Services Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of AmTrust Financial Services's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


AmTrust Financial Services (AmTrust Financial Services) Business Description

Address
59 Maiden Lane, 43rd Floor, New York, NY, USA, 10038
AmTrust Financial Services Inc is a multinational company that underwrites and provides property and casualty insurance products. The company specializes in coverage for small to mid-sized businesses, with a philosophical focus on niche diversity and low-hazard risk. AmTrust's business model strives to achieve its profit goals through geographic and product diversification. The company reports three business segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The vast majority of revenues is derived from its Small Commercial Business risk.