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Freedom Hldg (Freedom Hldg) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is Freedom Hldg Debt-to-EBITDA?

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

Freedom Hldg's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Freedom Hldg's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.13 Mil. Freedom Hldg's annualized EBITDA for the quarter that ended in Dec. 2023 was $0.00 Mil.

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

FHLD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.37   Med: -0.62   Max: -0.14
Current: -0.33

During the past 8 years, the highest Debt-to-EBITDA Ratio of Freedom Hldg was -0.14. The lowest was -10.37. And the median was -0.62.

FHLD's Debt-to-EBITDA is ranked worse than
100% of 682 companies
in the Media - Diversified industry
Industry Median: 1.67 vs FHLD: -0.33

Freedom Hldg Debt-to-EBITDA Historical Data

The historical data trend for Freedom Hldg'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.

Freedom Hldg Debt-to-EBITDA Chart

Freedom Hldg Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.14 -0.44 -0.40 -3.18 -0.33

Freedom Hldg Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -16.25 -1.08 -0.09 -7.88 N/A

Competitive Comparison of Freedom Hldg's Debt-to-EBITDA

For the Broadcasting subindustry, Freedom Hldg'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.


Freedom Hldg's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Freedom Hldg's Debt-to-EBITDA distribution charts can be found below:

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



Freedom Hldg Debt-to-EBITDA Calculation

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

Freedom Hldg's Debt-to-EBITDA for the fiscal year 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 + 0.126) / -0.388
=-0.32

Freedom Hldg's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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 (Dec. 2023) EBITDA data.


Freedom Hldg  (OTCPK:FHLD) 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.


Freedom Hldg Debt-to-EBITDA Related Terms

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


Freedom Hldg (Freedom Hldg) Business Description

Traded in Other Exchanges
N/A
Address
6461 N 100 E, Ossian, IN, USA, 46777
Freedom Hldg Inc specializes in the identification and development of technologies with commercial applications. Its Launch TV Network Company is a full entertainment network, with sports, cooking, music, and cartoons for kids, as well as other programs.
Executives
Robert W Carteaux director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Brian K Kistler director, 10 percent owner, officer: Principle Executive Officer 215 NORTH JEFFERSON, OSSIAN IN 46777
Stan P Lipp director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Rodney J Sinn director, 10 percent owner 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Gregory K Fields director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Robin W Hunt director, officer: Principal Financial Officer 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825