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DGL Group (ASX:DGL) Debt-to-EBITDA : 3.34 (As of Dec. 2023)


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What is DGL Group Debt-to-EBITDA?

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

DGL Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$20.2 Mil. DGL Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$168.9 Mil. DGL Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$56.6 Mil. DGL Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.34.

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

ASX:DGL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.87   Med: 1.85   Max: 3.16
Current: 3.16

During the past 3 years, the highest Debt-to-EBITDA Ratio of DGL Group was 3.16. The lowest was 0.87. And the median was 1.85.

ASX:DGL's Debt-to-EBITDA is ranked better than
50% of 418 companies
in the Conglomerates industry
Industry Median: 3.16 vs ASX:DGL: 3.16

DGL Group Debt-to-EBITDA Historical Data

The historical data trend for DGL 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.

DGL Group Debt-to-EBITDA Chart

DGL Group Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
0.87 1.85 2.95

DGL Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial 2.11 1.38 2.73 2.74 3.34

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

For the Conglomerates subindustry, DGL 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.


DGL Group's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, DGL Group's Debt-to-EBITDA distribution charts can be found below:

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



DGL Group Debt-to-EBITDA Calculation

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

DGL Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.507 + 152.772) / 58.702
=2.95

DGL Group'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
=(20.198 + 168.851) / 56.572
=3.34

* 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.


DGL Group  (ASX:DGL) 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.


DGL Group Debt-to-EBITDA Related Terms

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


DGL Group (ASX:DGL) Business Description

Traded in Other Exchanges
N/A
Address
C/- DW Accounting and Advisory Pty Ltd, Level 4, 91-97 William Street, Melbourne, VIC, AUS, 3000
DGL Group Ltd is an investment holding company. The company's segment includes Environmental Solutions; Chemical Manufacturing; Warehousing and Distribution and Corporate Costs. It generates maximum revenue from the Chemical Manufacturing segment. The Chemical Manufacturing segment produces its own range of speciality chemicals and undertaken advanced formulation and contract manufacturing on behalf of third parties.

DGL Group (ASX:DGL) Headlines