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Greatcell Solar (Greatcell Solar) Debt-to-EBITDA : -0.15 (As of Dec. 2017)


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What is Greatcell Solar Debt-to-EBITDA?

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

Greatcell Solar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $0.75 Mil. Greatcell Solar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $0.07 Mil. Greatcell Solar's annualized EBITDA for the quarter that ended in Dec. 2017 was $-5.45 Mil. Greatcell Solar's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 was -0.15.

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 Greatcell Solar's Debt-to-EBITDA or its related term are showing as below:

DYSOY's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.59
* Ranked among companies with meaningful Debt-to-EBITDA only.

Greatcell Solar Debt-to-EBITDA Historical Data

The historical data trend for Greatcell Solar'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.

Greatcell Solar Debt-to-EBITDA Chart

Greatcell Solar Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.09 -0.08 - -0.24

Greatcell Solar Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 -0.01 - -0.04 -0.25 -0.15

Competitive Comparison of Greatcell Solar's Debt-to-EBITDA

For the Solar subindustry, Greatcell Solar'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.


Greatcell Solar's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Greatcell Solar's Debt-to-EBITDA distribution charts can be found below:

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



Greatcell Solar Debt-to-EBITDA Calculation

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

Greatcell Solar's Debt-to-EBITDA for the fiscal year that ended in Jun. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.046 + 0.123) / -8.993
=-0.24

Greatcell Solar's annualized Debt-to-EBITDA for the quarter 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
=(0.754 + 0.066) / -5.452
=-0.15

* 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 two times the quarterly (Dec. 2017) EBITDA data.


Greatcell Solar  (OTCPK:DYSOY) 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.


Greatcell Solar Debt-to-EBITDA Related Terms

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


Greatcell Solar (Greatcell Solar) Business Description

Traded in Other Exchanges
N/A
Address
11 Aurora Avenue, Queanbeyan, NSW, AUS, 2620
Greatcell Solar Ltd develops and supplies dye solar cell materials, equipment and technology and supplies materials and components for DSC products. It offers a range of products and services including materials, consulting, research and development. The company operates its business through three segments. The Glass and Equipment segment develops the glass-based DSC market, to support current and generate future sales of Dyesol manufactured materials and equipment. The Metal Strip segment develops DSC on coil steel in collaboration with tata steel Europe. The R&D Materials segment which generates majority revenue undertakes core DSC material technology research and development of a generic nature which is applicable to a wide range of ultimate DSC device product forms.

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