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Sykes Enterprises (Sykes Enterprises) Debt-to-EBITDA : 0.94 (As of Jun. 2021)


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What is Sykes Enterprises Debt-to-EBITDA?

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

Sykes Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $48 Mil. Sykes Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $123 Mil. Sykes Enterprises's annualized EBITDA for the quarter that ended in Jun. 2021 was $183 Mil. Sykes Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 was 0.94.

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

SYKE's Debt-to-EBITDA is not ranked *
in the Software industry.
Industry Median: 1.05
* Ranked among companies with meaningful Debt-to-EBITDA only.

Sykes Enterprises Debt-to-EBITDA Historical Data

The historical data trend for Sykes Enterprises'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.

Sykes Enterprises Debt-to-EBITDA Chart

Sykes Enterprises Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.65 0.76 1.83 1.66

Sykes Enterprises Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 1.37 2.92 1.24 1.15 0.94

Competitive Comparison of Sykes Enterprises's Debt-to-EBITDA

For the Information Technology Services subindustry, Sykes Enterprises'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.


Sykes Enterprises's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Sykes Enterprises's Debt-to-EBITDA distribution charts can be found below:

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



Sykes Enterprises Debt-to-EBITDA Calculation

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

Sykes Enterprises's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(55.928 + 189.336) / 148.122
=1.66

Sykes Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(48.321 + 123.342) / 182.784
=0.94

* 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 (Jun. 2021) EBITDA data.


Sykes Enterprises  (NAS:SYKE) 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.


Sykes Enterprises Debt-to-EBITDA Related Terms

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


Sykes Enterprises (Sykes Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
400 North Ashley Drive, Suite 2800, Tampa, FL, USA, 33602
Sykes Enterprises Inc or Sykes is a provider of multichannel demand generation and global customer engagement services. Their end customers are in communications, financial services, technology, transportation and leisure, healthcare, retail and other industries. Sykes serves its clients through two geographic operating regions which are the Americas & EMEA. In Europe, it also provides fulfillment services, which includes order processing, payment processing, inventory control, product delivery and product returns handling.
Executives
John Chapman officer: EVP & CFO 400 N ASHLEY DRIVE TAMPA FL 33602
James T Holder officer: Executive VP & Secretary 3916 STATE STREET SUITE 300 SANTA BARBARA CA 93105
Lawrence Zingale officer: Executive Vice President 400 N. ASHLEY DRIVE, 2800, TAMPA FL 33602
William J Meurer director
David Pearson officer: Executive Vice President 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Charles E Sykes officer: CEO & President 400 N ASHLEY DRIVE TAMPA FL 33602
W. Mark Watson director 324 S. HYDE PARK AVENUE, STE 350, TAMPA FL 33606
Mark C Bozak director
James S Macleod director 250 E KILBOURN AVE, MILWAUKEE WI 53202
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Lorraine L Lutton director 400 N. ASHLEY DRIVE, SUITE 2800 TAMPA FL 33602
Muir William D Jr director 10560 DR. MARTIN LUTHER KING JR. ST. N., ST. PETERSBURG FL 33716
William Rocktoff officer: VP & Corporate Controller 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602
Jenna Nelson officer: Executive Vice President 400 N ASHLEY DRIVE SUITE 2800 TAMPA FL 33602

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