The Brink's Co (The Brink's Co) Debt-to-EBITDA : 5.56 (As of Dec. 2023)

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What is The Brink's Co Debt-to-EBITDA?

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

The Brink's Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $348 Mil. The Brink's Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,528 Mil. The Brink's Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $697 Mil. The Brink's Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.56.

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 The Brink's Co's Debt-to-EBITDA or its related term are showing as below:

BCO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.6 Med: 5.31 Max: 7.4
Current: 5.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of The Brink's Co was 7.40. The lowest was 1.60. And the median was 5.31.

BCO's Debt-to-EBITDA is ranked worse than
82.15% of 829 companies
in the Business Services industry
Industry Median: 1.88 vs BCO: 5.42

The Brink's Co Debt-to-EBITDA Historical Data

The historical data trend for The Brink's 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.

The Brink's Co Debt-to-EBITDA Chart

The Brink's Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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5.21

7.40

5.60

6.10

5.42

The Brink's Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															4.57	5.96	5.21	4.40	5.56

Competitive Comparison of The Brink's Co's Debt-to-EBITDA

For the Security & Protection Services subindustry, The Brink's 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.

The Brink's Co's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The Brink's Co's Debt-to-EBITDA distribution charts can be found below:

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

The Brink's Co Debt-to-EBITDA Calculation

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

The Brink's 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
	=	(348.3	+	3528.3)	/	715.4
	=	5.42

The Brink's Co's annualized Debt-to-EBITDA for the quarter 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
	=	(348.3	+	3528.3)	/	697.2
	=	5.56

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. 2023) EBITDA data.

The Brink's Co (NYSE:BCO) 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.

The Brink's Co Debt-to-EBITDA Related Terms

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

The Brink's Co (The Brink's Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The Brink's Co (NYSE:BCO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

PTY:Germany PTY:Germany

Address

1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100

Website

https://www.brinks.com

The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.

Executives

Arthelbert Louis Parker	director	THE BRINK'S COMPANY, 1801 BAYBERRY CT, 4TH FL, PO BOX 18100, RICHMOND VA 23226
Dominik Bossart	officer: SVP	1800 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Elizabeth A Galloway	officer: EVP and CHRO	AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael F Beech	officer: Executive Vice President	THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Michael J Herling	director	177 BROAD STREET, 15TH FLOOR, STAMFORD CT 06901
Keith R Wyche	director	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Kurt B Mcmaken	officer: EVP, Chief Financial Officer	THE BRINK'S COMANY, 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Simon Davis	officer: SVP, CHRO	5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Daniel J Castillo	officer: EVP	2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Susan E Docherty	director	THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Kathie J. Andrade	director	6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Rohan Pal	officer: EVP, Chief Information Officer	1801 BAYBERRY COURT, RICHMOND VA 23226
Michael E Sweeney	officer: Controller	C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Timothy Joseph Tynan	director	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Lindsay K. Blackwood	officer: EVP & General Counsel	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226