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TX Rail Products (TX Rail Products) Debt-to-EBITDA : N/A (As of Sep. 2020)


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What is TX Rail Products Debt-to-EBITDA?

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

TX Rail Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.43 Mil. TX Rail Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $2.00 Mil. TX Rail Products's annualized EBITDA for the quarter that ended in Sep. 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.

The historical rank and industry rank for TX Rail Products's Debt-to-EBITDA or its related term are showing as below:

TXRP's Debt-to-EBITDA is not ranked *
in the Industrial Distribution industry.
Industry Median: 2.095
* Ranked among companies with meaningful Debt-to-EBITDA only.

TX Rail Products Debt-to-EBITDA Historical Data

The historical data trend for TX Rail Products'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.

TX Rail Products Debt-to-EBITDA Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.93 236.91 31.47 13.78 71.47

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 13.75 7.60 10.11 -56.68 N/A

Competitive Comparison of TX Rail Products's Debt-to-EBITDA

For the Industrial Distribution subindustry, TX Rail Products'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.


TX Rail Products's Debt-to-EBITDA Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, TX Rail Products's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TX Rail Products's Debt-to-EBITDA falls into.



TX Rail Products Debt-to-EBITDA Calculation

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

TX Rail Products's Debt-to-EBITDA for the fiscal year that ended in Sep. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.43 + 2) / 0.034
=71.47

TX Rail Products's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2020 is calculated as

* 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. 2020) EBITDA data.


TX Rail Products  (OTCPK:TXRP) 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.


TX Rail Products Debt-to-EBITDA Related Terms

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


TX Rail Products (TX Rail Products) Business Description

Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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