GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Asia Properties Inc (OTCPK:ASPZ) » Definitions » Debt-to-EBITDA

Asia Properties (Asia Properties) Debt-to-EBITDA : -0.39 (As of Sep. 2017)


View and export this data going back to . Start your Free Trial

What is Asia Properties Debt-to-EBITDA?

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

Asia Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.06 Mil. Asia Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was $0.00 Mil. Asia Properties's annualized EBITDA for the quarter that ended in Sep. 2017 was $-0.15 Mil. Asia Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2017 was -0.39.

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 Asia Properties's Debt-to-EBITDA or its related term are showing as below:

ASPZ's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.88
* Ranked among companies with meaningful Debt-to-EBITDA only.

Asia Properties Debt-to-EBITDA Historical Data

The historical data trend for Asia Properties'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.

Asia Properties Debt-to-EBITDA Chart

Asia Properties Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 -0.23 -0.38 -0.05 -2.81

Asia Properties Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -3.81 -1.64 -0.48 -0.47 -0.39

Competitive Comparison of Asia Properties's Debt-to-EBITDA

For the Real Estate Services subindustry, Asia Properties'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.


Asia Properties's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Asia Properties's Debt-to-EBITDA distribution charts can be found below:

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



Asia Properties Debt-to-EBITDA Calculation

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

Asia Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.059 + 0) / -0.021
=-2.81

Asia Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.058 + 0) / -0.148
=-0.39

* 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. 2017) EBITDA data.


Asia Properties  (OTCPK:ASPZ) 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.


Asia Properties Debt-to-EBITDA Related Terms

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


Asia Properties (Asia Properties) Business Description

Traded in Other Exchanges
N/A
Address
1621 Central Avenue, Cheyenne, WY, USA, 82001
Asia Properties Inc is a development stage company. The company is seeking opportunities to invest in real estate.
Executives
Daniel S Mckinney director, officer: President, CEO TWO IFC, 19TH FLOOR, 8 FINANCE STREET, CENTRAL, HONG KONG F4 000000

Asia Properties (Asia Properties) Headlines

From GuruFocus

ASPZ Updates Shareholders on OTC Listing

By ACCESSWIRE ACCESSWIRE 07-16-2021

ASPZ Updates Website

By ACCESSWIRE ACCESSWIRE 11-08-2021

ASPZ Buys Bering Sea Clinker To Produce NFT

By ACCESSWIRE ACCESSWIRE 08-31-2021

ASPZ Forms Asia Gold LLC in Alaska

By ACCESSWIRE ACCESSWIRE 08-09-2021

ASPZ Is Now Pink Current

By ACCESSWIRE ACCESSWIRE 09-24-2021

ASPZ Updates Shareholders

By ACCESSWIRE ACCESSWIRE 07-06-2021

ASPZ Updates Shareholders

By ACCESSWIRE ACCESSWIRE 02-07-2022