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Forge Group (Forge Group) Debt-to-EBITDA : 0.00 (As of . 20)


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What is Forge Group Debt-to-EBITDA?

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

Forge Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Forge Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Forge Group's annualized EBITDA for the quarter that ended in . 20 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 Forge Group's Debt-to-EBITDA or its related term are showing as below:

FIGP's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.415
* Ranked among companies with meaningful Debt-to-EBITDA only.

Forge Group Debt-to-EBITDA Historical Data

The historical data trend for Forge Group'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.

Forge Group Debt-to-EBITDA Chart

Forge Group Annual Data
Trend
Debt-to-EBITDA

Forge Group Semi-Annual Data
Debt-to-EBITDA

Competitive Comparison of Forge Group's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, Forge Group'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.


Forge Group's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Forge Group's Debt-to-EBITDA distribution charts can be found below:

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



Forge Group Debt-to-EBITDA Calculation

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

Forge Group's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Forge Group's annualized Debt-to-EBITDA for the quarter that ended in . 20 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 one times the quarterly (. 20) EBITDA data.


Forge Group  (OTCPK:FIGP) 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.


Forge Group Debt-to-EBITDA Related Terms

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


Forge Group (Forge Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
P.O. Box 15033, Worcester, MA, USA, 01615
Website
Forge Group Inc provides commercial automobile insurance products targeted to owners and operators of taxi cabs, passenger sedans, and other light transportation vehicles, including golf carts and school vans. It manages business through two segments: insurance and commercial real estate investments.

Forge Group (Forge Group) Headlines

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