Dialight (LSE:DIA) Debt-to-EBITDA : 8.25 (As of Jun. 2023)

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What is Dialight Debt-to-EBITDA?

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

Dialight's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £1.7 Mil. Dialight's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £31.3 Mil. Dialight's annualized EBITDA for the quarter that ended in Jun. 2023 was £4.0 Mil. Dialight's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 8.25.

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

LSE:DIA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -38.57 Med: 0.39 Max: 3.88
Current: -4.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dialight was 3.88. The lowest was -38.57. And the median was 0.39.

LSE:DIA's Debt-to-EBITDA is ranked worse than
100% of 2295 companies
in the Industrial Products industry
Industry Median: 1.74 vs LSE:DIA: -4.46

Dialight Debt-to-EBITDA Historical Data

The historical data trend for Dialight'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.

Dialight Debt-to-EBITDA Chart

Dialight Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-5.86

-38.57

2.68

3.00

-15.40

Dialight Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															2.45	2.61	3.61	8.25	-1.73

Competitive Comparison of Dialight's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Dialight'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.

Dialight's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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

Dialight Debt-to-EBITDA Calculation

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

Dialight'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
	=	(1.7	+	29.1)	/	-2
	=	-15.40

Dialight's annualized Debt-to-EBITDA for the quarter 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
	=	(1.7	+	31.3)	/	4
	=	8.25

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 (Jun. 2023) EBITDA data.

Dialight (LSE:DIA) 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.

Dialight Debt-to-EBITDA Related Terms

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

Dialight (LSE:DIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dialight PLC (LSE:DIA) » Definitions » Debt-to-EBITDA

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DIALF:USA DIAl:UK

Address

25 Old Broad Street, Leaf C, Level 36, Tower 42, London, GBR, EC2N 1HQ

Website

https://www.dialight.com

Dialight PLC manufactures and sells light-emitting diode (LED) lighting fixtures for use in hazardous and industrial locations. It provides lighting products to customers in industrial sectors including steel foundries, pulp and paper mills, automotive manufacturers, utility, and wastewater plants, and food and beverage processing plants. In addition, it provides specialist lighting products for hazardous industrial sites, including the oil and gas and mining sectors. Its segments are Lighting, Signals, and Components. The majority of the revenue is derived from the sale of LED lighting solutions and anti-collision obstruction lighting. Geographically it derives the majority of its revenue from North America.