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Seychelle Environmental Technologies (Seychelle Environmental Technologies) Debt-to-EBITDA : -2.63 (As of Feb. 2020)


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What is Seychelle Environmental Technologies Debt-to-EBITDA?

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

Seychelle Environmental Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $0.25 Mil. Seychelle Environmental Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2020 was $0.11 Mil. Seychelle Environmental Technologies's annualized EBITDA for the quarter that ended in Feb. 2020 was $-0.14 Mil. Seychelle Environmental Technologies's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2020 was -2.63.

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 Seychelle Environmental Technologies's Debt-to-EBITDA or its related term are showing as below:

SYEV's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Seychelle Environmental Technologies Debt-to-EBITDA Historical Data

The historical data trend for Seychelle Environmental Technologies'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.

Seychelle Environmental Technologies Debt-to-EBITDA Chart

Seychelle Environmental Technologies Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.01 0.02 -0.05 -5.49

Seychelle Environmental Technologies Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 -0.04 2.15 -1.05 5.21 -2.63

Competitive Comparison of Seychelle Environmental Technologies's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Seychelle Environmental Technologies'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.


Seychelle Environmental Technologies's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Seychelle Environmental Technologies's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Seychelle Environmental Technologies's Debt-to-EBITDA falls into.



Seychelle Environmental Technologies Debt-to-EBITDA Calculation

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

Seychelle Environmental Technologies'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
=(0.249 + 0.108) / -0.065
=-5.49

Seychelle Environmental Technologies's annualized Debt-to-EBITDA for the quarter 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
=(0.249 + 0.108) / -0.136
=-2.63

* 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 (Feb. 2020) EBITDA data.


Seychelle Environmental Technologies  (OTCPK:SYEV) 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.


Seychelle Environmental Technologies Debt-to-EBITDA Related Terms

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


Seychelle Environmental Technologies (Seychelle Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
22 Journey, Aliso Viejo, CA, USA, 92656
Seychelle Environmental Technologies Inc is engaged in the development, assembly, and sale of proprietary portable water filtration systems. Its product offering includes Flip-Top and Pull Top bottles, Canteens, Water Pitchers, Pure Water Pump, Stainless Steel bottles, In-Line Filter, Pure Water Bag, Pump N' Pure, Pure Water Pouch and Pure Water Straws. The company sells its products throughout the United States, and internationally which includes Asia, the United Kingdom, Canada, and Other Countries. The United States contributes to the vast majority of total revenue. Seychelle markets its portable water filtration bottles to dealers, distributors, non-governmental organizations, and emergency relief organizations.
Executives
John D Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Cari Beck director, 10 percent owner 32963 CALLE PERFECTO SAN JUAN CAPISTRANO CO 92575
Irrevocable Trust The Tam 10 percent owner 4012 S RAINBOW SUITE K111 LAS VEGAS NV 89103
James K Place director, officer: COO, CFO, Treasurer 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675
Richard C Parsons director, officer: Executive Vice President/Secre 33012 CALLE PERFECTO SAN JUAN CAPISTRANO CA 92675

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