GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » North Coast Life Insurance Co (OTCPK:NCLIP.PFD) » Definitions » Debt-to-EBITDA

North Coast Life Insurance Co (North Coast Life Insurance Co) Debt-to-EBITDA : N/A (As of Dec. 2006)


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

What is North Coast Life Insurance Co Debt-to-EBITDA?

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

North Coast Life Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2006 was $0.00 Mil. North Coast Life Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2006 was $1.74 Mil. North Coast Life Insurance Co's annualized EBITDA for the quarter that ended in Dec. 2006 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 North Coast Life Insurance Co's Debt-to-EBITDA or its related term are showing as below:

NCLIP.PFD's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.415
* Ranked among companies with meaningful Debt-to-EBITDA only.

North Coast Life Insurance Co Debt-to-EBITDA Historical Data

The historical data trend for North Coast Life Insurance Co'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.

North Coast Life Insurance Co Debt-to-EBITDA Chart

North Coast Life Insurance Co Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Debt-to-EBITDA
Get a 7-Day Free Trial - 0.37 0.42 - 0.31

North Coast Life Insurance Co Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06
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 N/A N/A N/A N/A N/A

Competitive Comparison of North Coast Life Insurance Co's Debt-to-EBITDA

For the Insurance - Life subindustry, North Coast Life Insurance Co'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.


North Coast Life Insurance Co's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, North Coast Life Insurance Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where North Coast Life Insurance Co's Debt-to-EBITDA falls into.



North Coast Life Insurance Co Debt-to-EBITDA Calculation

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

North Coast Life Insurance Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2006 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 1.737) / 5.576
=0.31

North Coast Life Insurance Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2006 is calculated as

* 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 (Dec. 2006) EBITDA data.


North Coast Life Insurance Co  (OTCPK:NCLIP.PFD) 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.


North Coast Life Insurance Co Debt-to-EBITDA Related Terms

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


North Coast Life Insurance Co (North Coast Life Insurance Co) Business Description

Traded in Other Exchanges
N/A
Address
1116 West Riverside Avenue, Suite 205, Spokane, WA, USA, 99201
North Coast Life Insurance Company is engaged in providing life insurance and annuity products. Its life insurance products includes versatile life, whole life, whole life IV, Whole life graded and life style term.

North Coast Life Insurance Co (North Coast Life Insurance Co) Headlines

No Headlines