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SheerVision (SheerVision) Debt-to-EBITDA : 0.06 (As of May. 2010)


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What is SheerVision Debt-to-EBITDA?

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

SheerVision's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2010 was $0.09 Mil. SheerVision's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2010 was $0.00 Mil. SheerVision's annualized EBITDA for the quarter that ended in May. 2010 was $1.66 Mil. SheerVision's annualized Debt-to-EBITDA for the quarter that ended in May. 2010 was 0.06.

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

SVSO's Debt-to-EBITDA is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 1.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

SheerVision Debt-to-EBITDA Historical Data

The historical data trend for SheerVision'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.

SheerVision Debt-to-EBITDA Chart

SheerVision Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Aug06 Aug07 Aug08 Aug09
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -1.14 -0.68

SheerVision Quarterly Data
Jun05 Sep05 Dec05 Mar06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.39 -0.12 2.34 -0.05 0.06

Competitive Comparison of SheerVision's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, SheerVision'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.


SheerVision's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SheerVision's Debt-to-EBITDA distribution charts can be found below:

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



SheerVision Debt-to-EBITDA Calculation

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

SheerVision's Debt-to-EBITDA for the fiscal year that ended in Aug. 2009 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.075 + 0) / -0.111
=-0.68

SheerVision's annualized Debt-to-EBITDA for the quarter that ended in May. 2010 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.093 + 0) / 1.66
=0.06

* 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 (May. 2010) EBITDA data.


SheerVision  (OTCPK:SVSO) 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.


SheerVision Debt-to-EBITDA Related Terms

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


SheerVision (SheerVision) Business Description

Traded in Other Exchanges
N/A
Address
4030 Palos Verdes Drive N., Suite 104, Rolling Hills, CA, USA, 90274
SheerVision Inc designs, manufactures, markets, and sells proprietary surgical loupes and headlight systems to the dental, medical, and veterinary markets throughout the world. The company sells its products through distributors and e-commerce Website.

SheerVision (SheerVision) Headlines

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