Spot Mobile International (Spot Mobile International) Debt-to-EBITDA : -2.76 (As of Oct. 2011)

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What is Spot Mobile International Debt-to-EBITDA?

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

Spot Mobile International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2011 was $4.04 Mil. Spot Mobile International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2011 was $0.00 Mil. Spot Mobile International's annualized EBITDA for the quarter that ended in Oct. 2011 was $-1.46 Mil. Spot Mobile International's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2011 was -2.76.

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 Spot Mobile International's Debt-to-EBITDA or its related term are showing as below:

RPID's Debt-to-EBITDA is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 2.235
* Ranked among companies with meaningful Debt-to-EBITDA only.

Spot Mobile International Debt-to-EBITDA Historical Data

The historical data trend for Spot Mobile International'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.

Spot Mobile International Debt-to-EBITDA Chart

Spot Mobile International Annual Data

Trend

Oct02

Oct03

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Debt-to-EBITDA

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11.14

161.30

-7.27

-0.97

-1.01

Spot Mobile International Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.57	-0.94	-0.66	-0.49	-2.76

Competitive Comparison of Spot Mobile International's Debt-to-EBITDA

For the Telecom Services subindustry, Spot Mobile International'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.

Spot Mobile International's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spot Mobile International's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Spot Mobile International's Debt-to-EBITDA falls into.

Spot Mobile International Debt-to-EBITDA Calculation

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

Spot Mobile International's Debt-to-EBITDA for the fiscal year that ended in Oct. 2011 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.043	+	0)	/	-4.003
	=	-1.01

Spot Mobile International's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2011 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.043	+	0)	/	-1.464
	=	-2.76

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 (Oct. 2011) EBITDA data.

Spot Mobile International (OTCPK:RPID) 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.

Spot Mobile International Debt-to-EBITDA Related Terms

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

Spot Mobile International (Spot Mobile International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spot Mobile International Ltd (OTCPK:RPID) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.spotmobile.com

Spot Mobile International Ltd is a Delaware corporation. The Company was incorporated on July 10, 1986 under the Company Act of the Province of British Columbia, Canada. On February 1, 1999, it reincorporated under the laws of the State of Delaware under the name 'ARDIS Telecom & Technologies, Inc'. On November 2, 1999, it acquired all of the business and assets of Dial Thru International Corporation, a California corporation, and, on January 19, 2000, it changed its name from ARDIS Telecom & Technologies, Inc. to Dial Thru International Corporation. On November 1, 2005, The Company changed its name to Rapid Link, Incorporated. On June 7, 2010, Rapid Link changed its name to Spot Mobile International Ltd. The Company is a telecommunications services company which, through its wholly-owned subsidiaries, provides prepaid telecommunication and transaction based point of sale activation solutions through over 280 independent retailers in the Eastern United States. The Company's operations are conducted mainly through its wholly owned subsidiaries: Mr. Prepaid, Inc., a Florida corporation and Spot Mobile Corp., a Florida corporation. Mr. Prepaid operates as a retail point of sale distributor of prepaid wireless airtime. Spot Mobile Corp. is a prepaid wireless Mobile Virtual Network Operator ('MVNO') that distributes and sells prepaid wireless handsets and SIM cards, offering talk and text services for wireless subscribers. The Company's MVNO operates on the Global System for Mobile Communications ('GSM') platform service. The Company's main competitors are AT&T, Sprint Nextel, Verizon and T-Mobile. In addition, in many markets there are regional wireless service providers, such as U.S. Cellular, MetroPCS and Leap Wireless as well as established MVNO operators including Boost, Tracfone, Virgin Mobile, Simple Mobile, and Page Plus. The Company's domestic operations are subject to regulation by the FCC and other federal, state and local agencies, and its international operations are regulated by various foreign governments and international bodies.

Executives

Nick Demare

director

1305 1090 W GEORGIA ST VANCOUVER CITY BC A1 9999999999