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B/E Aerospace (B/E Aerospace) Debt-to-EBITDA : 3.91 (As of Dec. 2016)


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What is B/E Aerospace Debt-to-EBITDA?

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

B/E Aerospace's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0 Mil. B/E Aerospace's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $2,037 Mil. B/E Aerospace's annualized EBITDA for the quarter that ended in Dec. 2016 was $521 Mil. B/E Aerospace's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 was 3.91.

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 B/E Aerospace's Debt-to-EBITDA or its related term are showing as below:

BEAV's Debt-to-EBITDA is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.34
* Ranked among companies with meaningful Debt-to-EBITDA only.

B/E Aerospace Debt-to-EBITDA Historical Data

The historical data trend for B/E Aerospace'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.

B/E Aerospace Debt-to-EBITDA Chart

B/E Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.68 2.73 7.74 3.79 3.45

B/E Aerospace Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 3.50 3.42 3.25 3.35 3.91

Competitive Comparison of B/E Aerospace's Debt-to-EBITDA

For the Aerospace & Defense subindustry, B/E Aerospace'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.


B/E Aerospace's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, B/E Aerospace's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where B/E Aerospace's Debt-to-EBITDA falls into.



B/E Aerospace Debt-to-EBITDA Calculation

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

B/E Aerospace's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2037) / 590.2
=3.45

B/E Aerospace's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2037) / 520.8
=3.91

* 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. 2016) EBITDA data.


B/E Aerospace  (NAS:BEAV) 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.


B/E Aerospace Debt-to-EBITDA Related Terms

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


B/E Aerospace (B/E Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
B/E Aerospace Inc is a Delaware corporation incorporated in 1987. The Company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. It also provides cabin interior reconfiguration, program management and certification services. In addition, it also designs, engineers and manufactures customized and fully integrated thermal and power management solutions. The Company sells and supports its products through its direct sales and product support organization. The Company's operations are subject to changing federal, state and foreign laws and regulations establishing health and environmental quality standards, including those governing discharges of pollutants into the air and water and the management and disposal of hazardous substances and wastes.
Executives
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
David J Anderson director C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Amin J Khoury director, officer: Executive Chairman 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Joseph T Lower officer: VP and CFO 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John A Cuomo officer: Vice President & GM 6348 WALKER LANE, ALEXANDRIA VA 22310
Thomas P Mccaffrey officer: Sr. VP & CFO 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Charles L Chadwell director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Kyri Loupis other: VP/CFO Consumable Mgmt Grp C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
David C Hurley director C/O BE AEROSPACE INC, 1400 CORPORATE CENTERWAY, WELLINGTON FL 33414
Brian H Rowe director 538 COMMONS DRIVE, GOLDEN CO 80401

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