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TransGlobal Assets (TransGlobal Assets) Debt-to-EBITDA : -2.27 (As of Dec. 2011)


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What is TransGlobal Assets Debt-to-EBITDA?

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

TransGlobal Assets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $1.23 Mil. TransGlobal Assets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2011 was $0.00 Mil. TransGlobal Assets's annualized EBITDA for the quarter that ended in Dec. 2011 was $-0.54 Mil. TransGlobal Assets's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2011 was -2.27.

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

TMSH's Debt-to-EBITDA is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.695
* Ranked among companies with meaningful Debt-to-EBITDA only.

TransGlobal Assets Debt-to-EBITDA Historical Data

The historical data trend for TransGlobal Assets'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.

TransGlobal Assets Debt-to-EBITDA Chart

TransGlobal Assets Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-EBITDA
-0.72 -0.80 -70.00 N/A -2.27

TransGlobal Assets Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-EBITDA -0.72 -0.80 -70.00 N/A -2.27

Competitive Comparison of TransGlobal Assets's Debt-to-EBITDA

For the Drug Manufacturers - Specialty & Generic subindustry, TransGlobal Assets'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.


TransGlobal Assets's Debt-to-EBITDA Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TransGlobal Assets's Debt-to-EBITDA distribution charts can be found below:

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



TransGlobal Assets Debt-to-EBITDA Calculation

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

TransGlobal Assets's Debt-to-EBITDA for the fiscal year that ended in Dec. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.226 + 0) / -0.54
=-2.27

TransGlobal Assets's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2011 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.226 + 0) / -0.54
=-2.27

* 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 one times the quarterly (Dec. 2011) EBITDA data.


TransGlobal Assets  (OTCPK:TMSH) 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.


TransGlobal Assets Debt-to-EBITDA Related Terms

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


TransGlobal Assets (TransGlobal Assets) Business Description

Traded in Other Exchanges
N/A
Address
810 Pony Express Road, Cheyenne, WY, USA, 82009
TransGlobal Assets Inc provides customers with a wide range of high-quality CBD & THC products from its organically grown Clones, Teens and Mothers. Its self-sustaining Hemp Ranch will be vertically integrated from acres allocated, to outdoor cultivation and indoor greenhouses, to warehouses for processing farm-grown hemp into textiles, hempcrete & plastics and processing all-natural products.