GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Ecoloclean Industries Inc (OTCPK:ECCI) » Definitions » Debt-to-EBITDA

Ecoloclean Industries (Ecoloclean Industries) Debt-to-EBITDA : -0.23 (As of Jun. 2006)


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

What is Ecoloclean Industries Debt-to-EBITDA?

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

Ecoloclean Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2006 was $0.42 Mil. Ecoloclean Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2006 was $0.01 Mil. Ecoloclean Industries's annualized EBITDA for the quarter that ended in Jun. 2006 was $-1.88 Mil. Ecoloclean Industries's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2006 was -0.23.

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 Ecoloclean Industries's Debt-to-EBITDA or its related term are showing as below:

ECCI's Debt-to-EBITDA is not ranked *
in the Waste Management industry.
Industry Median: 3.24
* Ranked among companies with meaningful Debt-to-EBITDA only.

Ecoloclean Industries Debt-to-EBITDA Historical Data

The historical data trend for Ecoloclean Industries'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.

Ecoloclean Industries Debt-to-EBITDA Chart

Ecoloclean Industries Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Debt-to-EBITDA
-0.04 -0.42 -0.04 -0.63 -0.99

Ecoloclean Industries Quarterly Data
Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 -0.12 -0.10 -0.79 -1.35 -0.23

Competitive Comparison of Ecoloclean Industries's Debt-to-EBITDA

For the Waste Management subindustry, Ecoloclean Industries'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.


Ecoloclean Industries's Debt-to-EBITDA Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Ecoloclean Industries's Debt-to-EBITDA distribution charts can be found below:

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



Ecoloclean Industries Debt-to-EBITDA Calculation

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

Ecoloclean Industries's Debt-to-EBITDA for the fiscal year that ended in Dec. 2005 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.198 + 1.318) / -1.528
=-0.99

Ecoloclean Industries's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2006 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.418 + 0.01) / -1.884
=-0.23

* 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 (Jun. 2006) EBITDA data.


Ecoloclean Industries  (OTCPK:ECCI) 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.


Ecoloclean Industries Debt-to-EBITDA Related Terms

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


Ecoloclean Industries (Ecoloclean Industries) Business Description

Traded in Other Exchanges
N/A
Address
2242 South Highway #83, Crystal City, TX, USA, 78839
Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.
Executives
Michael R Ward director, 10 percent owner, officer: Secretary & Treasurer 13707 BLUFF GATE SAN ANTONIO TX 78216

Ecoloclean Industries (Ecoloclean Industries) Headlines

No Headlines