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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Debt-to-EBITDA : -44.25 (As of Sep. 2023)


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What is Brite-Strike Tactical Illumination Products Debt-to-EBITDA?

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

Brite-Strike Tactical Illumination Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.18 Mil. Brite-Strike Tactical Illumination Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Brite-Strike Tactical Illumination Products's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.00 Mil. Brite-Strike Tactical Illumination Products's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -44.25.

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 Brite-Strike Tactical Illumination Products's Debt-to-EBITDA or its related term are showing as below:

BSTK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -177   Med: 0.19   Max: 1.54
Current: -177

During the past 5 years, the highest Debt-to-EBITDA Ratio of Brite-Strike Tactical Illumination Products was 1.54. The lowest was -177.00. And the median was 0.19.

BSTK's Debt-to-EBITDA is ranked worse than
100% of 2294 companies
in the Industrial Products industry
Industry Median: 1.75 vs BSTK: -177.00

Brite-Strike Tactical Illumination Products Debt-to-EBITDA Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Debt-to-EBITDA Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Debt-to-EBITDA
-3.05 -0.83 0.19 1.54 0.25

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Sep23
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 0.08 -0.19 -0.26 0.12 -44.25

Competitive Comparison of Brite-Strike Tactical Illumination Products's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.


Brite-Strike Tactical Illumination Products's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Debt-to-EBITDA falls into.



Brite-Strike Tactical Illumination Products Debt-to-EBITDA Calculation

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

Brite-Strike Tactical Illumination Products's Debt-to-EBITDA for the fiscal year that ended in Dec. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.034 + 0) / 0.134
=0.25

Brite-Strike Tactical Illumination Products's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.177 + 0) / -0.004
=-44.25

* 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 (Sep. 2023) EBITDA data.


Brite-Strike Tactical Illumination Products  (OTCPK:BSTK) 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.


Brite-Strike Tactical Illumination Products Debt-to-EBITDA Related Terms

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Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Traded in Other Exchanges
N/A
Address
1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

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