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Matthias Hohner AG (STU:HOH) Debt-to-EBITDA : 1.69 (As of Sep. 2013)


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What is Matthias Hohner AG Debt-to-EBITDA?

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

Matthias Hohner AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was €5.74 Mil. Matthias Hohner AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was €3.21 Mil. Matthias Hohner AG's annualized EBITDA for the quarter that ended in Sep. 2013 was €5.31 Mil. Matthias Hohner AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2013 was 1.68.

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 Matthias Hohner AG's Debt-to-EBITDA or its related term are showing as below:

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

Matthias Hohner AG Debt-to-EBITDA Historical Data

The historical data trend for Matthias Hohner AG'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.

Matthias Hohner AG Debt-to-EBITDA Chart

Matthias Hohner AG Annual Data
Trend Mar10 Mar11 Mar12 Mar13
Debt-to-EBITDA
2.19 2.03 1.26 1.17

Matthias Hohner AG Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13
Debt-to-EBITDA Get a 7-Day Free Trial 2.05 2.42 2.06 1.23 1.69

Competitive Comparison of Matthias Hohner AG's Debt-to-EBITDA

For the subindustry, Matthias Hohner AG'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.


Matthias Hohner AG's Debt-to-EBITDA Distribution in the Industry

For the industry and sector, Matthias Hohner AG's Debt-to-EBITDA distribution charts can be found below:

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



Matthias Hohner AG Debt-to-EBITDA Calculation

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

Matthias Hohner AG's Debt-to-EBITDA for the fiscal year that ended in Mar. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.829 + 1.288) / 4.386
=1.17

Matthias Hohner AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.735 + 3.212) / 5.31
=1.68

* 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 two times the quarterly (Sep. 2013) EBITDA data.


Matthias Hohner AG  (STU:HOH) 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.


Matthias Hohner AG Debt-to-EBITDA Related Terms

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Matthias Hohner AG (STU:HOH) Business Description

Traded in Other Exchanges
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Address
Matthias Hohner AG is engaged in the production, development and distribution of musical instruments. Its range of products includes harmonicas, recorders, accordions, guitars, grand pianos, digital pianos, amplifiers, melodicas and various accessories.

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