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Western Bulk Chartering AS (Western Bulk Chartering AS) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Western Bulk Chartering AS Debt-to-EBITDA?

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

Western Bulk Chartering AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Western Bulk Chartering AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Western Bulk Chartering AS's annualized EBITDA for the quarter that ended in Dec. 2023 was $-19 Mil. Western Bulk Chartering AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Western Bulk Chartering AS's Debt-to-EBITDA or its related term are showing as below:

WSSTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.97   Med: 1.9   Max: 5.35
Current: -0.97

During the past 6 years, the highest Debt-to-EBITDA Ratio of Western Bulk Chartering AS was 5.35. The lowest was -0.97. And the median was 1.90.

WSSTF's Debt-to-EBITDA is ranked worse than
100% of 847 companies
in the Transportation industry
Industry Median: 2.8 vs WSSTF: -0.97

Western Bulk Chartering AS Debt-to-EBITDA Historical Data

The historical data trend for Western Bulk Chartering AS'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.

Western Bulk Chartering AS Debt-to-EBITDA Chart

Western Bulk Chartering AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.66 5.35 0.04 - -

Western Bulk Chartering AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.12 - -1.53 -

Competitive Comparison of Western Bulk Chartering AS's Debt-to-EBITDA

For the Marine Shipping subindustry, Western Bulk Chartering AS'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.


Western Bulk Chartering AS's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Western Bulk Chartering AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Western Bulk Chartering AS's Debt-to-EBITDA falls into.



Western Bulk Chartering AS Debt-to-EBITDA Calculation

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

Western Bulk Chartering AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -13.701
=0.00

Western Bulk Chartering AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -18.862
=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 two times the quarterly (Dec. 2023) EBITDA data.


Western Bulk Chartering AS  (OTCPK:WSSTF) 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.


Western Bulk Chartering AS Debt-to-EBITDA Related Terms

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


Western Bulk Chartering AS (Western Bulk Chartering AS) Business Description

Traded in Other Exchanges
Address
Henrik Ibsensgate 100, PO Box 2868, Solli, Oslo, NOR, 0230
Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodity includes coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East.

Western Bulk Chartering AS (Western Bulk Chartering AS) Headlines

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