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Burnham Holdings (Burnham Holdings) Debt-to-EBITDA : 7.43 (As of Sep. 2023)


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What is Burnham Holdings Debt-to-EBITDA?

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

Burnham Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.0 Mil. Burnham Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $56.8 Mil. Burnham Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was $7.8 Mil. Burnham Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 7.42.

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 Burnham Holdings's Debt-to-EBITDA or its related term are showing as below:

BURCB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.39   Med: 1.43   Max: 3.49
Current: 3.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Burnham Holdings was 3.49. The lowest was 0.39. And the median was 1.43.

BURCB's Debt-to-EBITDA is ranked worse than
58.99% of 1307 companies
in the Construction industry
Industry Median: 2.32 vs BURCB: 3.10

Burnham Holdings Debt-to-EBITDA Historical Data

The historical data trend for Burnham Holdings'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.

Burnham Holdings Debt-to-EBITDA Chart

Burnham Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 1.12 1.62 3.49 2.47

Burnham Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 70.02 4.53 0.80 1.95 7.43

Competitive Comparison of Burnham Holdings's Debt-to-EBITDA

For the Building Products & Equipment subindustry, Burnham Holdings'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.


Burnham Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Burnham Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Burnham Holdings Debt-to-EBITDA Calculation

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

Burnham Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.854 + 34.66) / 14.363
=2.47

Burnham Holdings'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
=(1.036 + 56.848) / 7.796
=7.42

* 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.


Burnham Holdings  (OTCPK:BURCB) 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.


Burnham Holdings Debt-to-EBITDA Related Terms

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


Burnham Holdings (Burnham Holdings) Business Description

Traded in Other Exchanges
Address
1241 Harrisburg Pike, P.O. Box 3245, Lancaster, PA, USA, 17603
Burnham Holdings Inc provides thermal and interior comfort solutions used in a range of residential, commercial, and industrial applications to the heating, ventilating and air conditioning industry. Its subsidiaries design, manufacture and sale of boilers and related heating ventilating and air conditioning products and accessories. The firm sells and markets its products under brand names such as Alpine, K2, Phantom and Raptor, and others. Its products include boilers, boiler room accessories, advanced control systems, furnaces, radiators, air conditioning systems etc. The firm derives majority of its revenues from sales in the United States.