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GASE Energy (GASE Energy) Debt-to-EBITDA : 0.00 (As of Sep. 2014)


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What is GASE Energy Debt-to-EBITDA?

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

GASE Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.00 Mil. GASE Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2014 was $0.00 Mil. GASE Energy's annualized EBITDA for the quarter that ended in Sep. 2014 was $-0.23 Mil. GASE Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 was 0.00.

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

GASE's Debt-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Debt-to-EBITDA only.

GASE Energy Debt-to-EBITDA Historical Data

The historical data trend for GASE Energy'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.

GASE Energy Debt-to-EBITDA Chart

GASE Energy Annual Data
Trend Dec11 Dec12 Dec13
Debt-to-EBITDA
- 0.15 -

GASE Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -0.66 -

Competitive Comparison of GASE Energy's Debt-to-EBITDA

For the Shell Companies subindustry, GASE Energy'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.


GASE Energy's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GASE Energy's Debt-to-EBITDA distribution charts can be found below:

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



GASE Energy Debt-to-EBITDA Calculation

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

GASE Energy's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -3.849
=0.00

GASE Energy's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.228
=0.00

* 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. 2014) EBITDA data.


GASE Energy  (OTCPK:GASE) 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.


GASE Energy Debt-to-EBITDA Related Terms

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


GASE Energy (GASE Energy) Business Description

Traded in Other Exchanges
N/A
Address
61 Larbert Road, Southport, CT, USA, 06890
GASE Energy Inc is a shell company.

GASE Energy (GASE Energy) Headlines

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