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Preformed Line Products Co (FRA:P4L) Debt-to-EBITDA : 0.91 (As of Mar. 2024)


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What is Preformed Line Products Co Debt-to-EBITDA?

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

Preformed Line Products Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9.3 Mil. Preformed Line Products Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €50.9 Mil. Preformed Line Products Co's annualized EBITDA for the quarter that ended in Mar. 2024 was €66.2 Mil. Preformed Line Products Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.91.

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 Preformed Line Products Co's Debt-to-EBITDA or its related term are showing as below:

FRA:P4L' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.68   Med: 1.05   Max: 1.6
Current: 0.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Preformed Line Products Co was 1.60. The lowest was 0.68. And the median was 1.05.

FRA:P4L's Debt-to-EBITDA is ranked better than
69.59% of 2279 companies
in the Industrial Products industry
Industry Median: 1.7 vs FRA:P4L: 0.73

Preformed Line Products Co Debt-to-EBITDA Historical Data

The historical data trend for Preformed Line Products Co'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.

Preformed Line Products Co Debt-to-EBITDA Chart

Preformed Line Products Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.18 1.05 1.05 0.68

Preformed Line Products Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.70 0.74 0.72 1.38 0.91

Competitive Comparison of Preformed Line Products Co's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Preformed Line Products Co'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.


Preformed Line Products Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Preformed Line Products Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Preformed Line Products Co's Debt-to-EBITDA falls into.



Preformed Line Products Co Debt-to-EBITDA Calculation

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

Preformed Line Products Co's Debt-to-EBITDA for the fiscal year 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
=(13.87 + 51.983) / 96.434
=0.68

Preformed Line Products Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.289 + 50.893) / 66.168
=0.91

* 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 (Mar. 2024) EBITDA data.


Preformed Line Products Co  (FRA:P4L) 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.


Preformed Line Products Co Debt-to-EBITDA Related Terms

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


Preformed Line Products Co (FRA:P4L) Business Description

Traded in Other Exchanges
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.

Preformed Line Products Co (FRA:P4L) Headlines

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