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AmeraMex International (AmeraMex International) Debt-to-EBITDA : 3.26 (As of Mar. 2023)


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What is AmeraMex International Debt-to-EBITDA?

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

AmeraMex International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $3.04 Mil. AmeraMex International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $3.78 Mil. AmeraMex International's annualized EBITDA for the quarter that ended in Mar. 2023 was $2.09 Mil. AmeraMex International's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 3.26.

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

AMMX's Debt-to-EBITDA is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 1.92
* Ranked among companies with meaningful Debt-to-EBITDA only.

AmeraMex International Debt-to-EBITDA Historical Data

The historical data trend for AmeraMex International'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.

AmeraMex International Debt-to-EBITDA Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial 1.76 4.38 6.97 1.33 2.36

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 2.32 3.25 0.89 -4.00 3.26

Competitive Comparison of AmeraMex International's Debt-to-EBITDA

For the Farm & Heavy Construction Machinery subindustry, AmeraMex International'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.


AmeraMex International's Debt-to-EBITDA Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AmeraMex International's Debt-to-EBITDA distribution charts can be found below:

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



AmeraMex International Debt-to-EBITDA Calculation

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

AmeraMex International'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
=(2.956 + 3.533) / 2.752
=2.36

AmeraMex International's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.039 + 3.778) / 2.092
=3.26

* 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. 2023) EBITDA data.


AmeraMex International  (OTCPK:AMMX) 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.


AmeraMex International Debt-to-EBITDA Related Terms

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


AmeraMex International (AmeraMex International) Business Description

Traded in Other Exchanges
N/A
Address
3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries including construction, logistics, mining, and lumber. The company's key product line is specialized container handling equipment for loading and unloading of container ships and dry dock areas.
Executives
Hope Stone officer: Chief Financial Officer 3930 ESPLANADE, CHICO CA 95973
Lee Hamre director, 10 percent owner, officer: Chief Executive Officer,, other: Chairman 3930 ESPLANADE, CHICO CA 95973
Marty Tullio director, officer: Secretary and Director 3930 ESPLANADE, CHICO CA 95973
Brian Hamre director 3930 ESPLANADE, CHICO CA 95973
John Jeffery Morris director 3930 ESPLANADE, CHICO CA 95973
Michael R. Maloney director, officer: Chief Operations Officer,, other: Treasurer 3930 ESPLANADE, CHICO CA 95973