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Enherent (Enherent) Debt-to-EBITDA : 8.20 (As of Sep. 2010)


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What is Enherent Debt-to-EBITDA?

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

Enherent's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2010 was $2.92 Mil. Enherent's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2010 was $0.46 Mil. Enherent's annualized EBITDA for the quarter that ended in Sep. 2010 was $0.41 Mil. Enherent's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2010 was 8.20.

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

ENHT's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 1.05
* Ranked among companies with meaningful Debt-to-EBITDA only.

Enherent Debt-to-EBITDA Historical Data

The historical data trend for Enherent'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.

Enherent Debt-to-EBITDA Chart

Enherent Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.26 8.94 4.61 10.68 -6.80

Enherent Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 13.76 -1.28 17.57 8.56 8.20

Competitive Comparison of Enherent's Debt-to-EBITDA

For the Information Technology Services subindustry, Enherent'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.


Enherent's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Enherent's Debt-to-EBITDA distribution charts can be found below:

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



Enherent Debt-to-EBITDA Calculation

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

Enherent's Debt-to-EBITDA for the fiscal year that ended in Dec. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.413 + 1.165) / -0.526
=-6.80

Enherent's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.923 + 0.457) / 0.412
=8.20

* 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. 2010) EBITDA data.


Enherent  (OTCPK:ENHT) 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.


Enherent Debt-to-EBITDA Related Terms

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


Enherent (Enherent) Business Description

Traded in Other Exchanges
N/A
Address
6800 Jericho Turnpike, Suite 116E, Syosset, NY, USA, 11791
Enherent Corp is an information technology company. It provides consulting services and solutions firm, committed to delivering solutions with tangible business results to the enterprise, mid-market, and government clients. The company specializes in System Development and Infrastructure Services and Solutions. Enherent provides services throughout the east coast with a concentration in the New York, New Jersey, Connecticut and Washington D.C.
Executives
Faith Griffin director 192 LEXINGTON AVENUE, NEW YORK NY 10016
Lori Lynn Stanley officer: Secretary and General Counsel 192 LEXINGTON AVENUE NEW YORK NY 10016
Tudor Investment Corp Et Al 10 percent owner 200 ELM STREET, STAMFORD CT 06901
Jones Paul Tudor Ii other: Chairman of Tudor C/O TUDOR INVESTMENT CORP, 1275 KING ST, GREENWICH CT 06831
James J Pallotta other: Member of Group C/O RAPTOR CAPITAL MANAGEMENT LP, 280 CONGRESS, 12TH FLOOR, BOSTON MA 02210
Karl Brenza officer: Chief Financial Officer 26 CHERRY STREET, KATONAH NY 10536

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