Ultrack Systems (Ultrack Systems) Debt-to-EBITDA : 0.00 (As of . 20)

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What is Ultrack Systems Debt-to-EBITDA?

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

Ultrack Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Ultrack Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Ultrack Systems's annualized EBITDA for the quarter that ended in . 20 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 Ultrack Systems's Debt-to-EBITDA or its related term are showing as below:

MJLB's Debt-to-EBITDA is not ranked ^*
in the Hardware industry.
Industry Median: 1.8
* Ranked among companies with meaningful Debt-to-EBITDA only.

Ultrack Systems Debt-to-EBITDA Historical Data

The historical data trend for Ultrack Systems'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.

Ultrack Systems Debt-to-EBITDA Chart

Ultrack Systems Annual Data

Trend

Debt-to-EBITDA

Ultrack Systems Quarterly Data

Debt-to-EBITDA

Competitive Comparison of Ultrack Systems's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Ultrack Systems'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.

Ultrack Systems's Debt-to-EBITDA Distribution in the Hardware Industry

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

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

Ultrack Systems Debt-to-EBITDA Calculation

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

Ultrack Systems's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(	+	)	/	N/A
	=	N/A

Ultrack Systems's annualized Debt-to-EBITDA for the quarter that ended in . 20 is calculated as

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

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 (. 20) EBITDA data.

Ultrack Systems (OTCPK:MJLB) 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.

Ultrack Systems Debt-to-EBITDA Related Terms

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

Ultrack Systems (Ultrack Systems) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

11 Buttermill Avenue, Concord, ON, CAN, L4K 3X1

Website

https://www.ultrack.ca

Ultrack Systems Inc helps its clients locate, track, and manage their assets using wireless and GPS-based technologies. It provides an accurate and affordable means of tracking moving assets. Its compact trackers and easy-to-use tracking software allow the monitor or track any asset virtually anywhere in the world. This kind of application results in improved security, productivity, and customer service. Each vehicle outfitted with a unit can be seen from a virtual map platform and managing a fleet of vehicles becomes easy, efficient, and effortless. This tool is useful in determining the quality of the driver behind the wheel and who is an asset or a liability to the company.

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