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Boom Logistics (ASX:BOL) Debt-to-EBITDA : 2.05 (As of Jun. 2024)


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What is Boom Logistics Debt-to-EBITDA?

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

Boom Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$22.5 Mil. Boom Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$59.2 Mil. Boom Logistics's annualized EBITDA for the quarter that ended in Jun. 2024 was A$39.8 Mil. Boom Logistics's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 2.05.

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

ASX:BOL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -35.18   Med: 1.62   Max: 2.41
Current: 1.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Boom Logistics was 2.41. The lowest was -35.18. And the median was 1.62.

ASX:BOL's Debt-to-EBITDA is ranked worse than
50.73% of 820 companies
in the Business Services industry
Industry Median: 1.84 vs ASX:BOL: 1.91

Boom Logistics Debt-to-EBITDA Historical Data

The historical data trend for Boom Logistics'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.

Boom Logistics Debt-to-EBITDA Chart

Boom Logistics Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.37 1.18 2.09 1.91

Boom Logistics Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.29 1.60 2.67 1.50 2.05

Competitive Comparison of Boom Logistics's Debt-to-EBITDA

For the Specialty Business Services subindustry, Boom Logistics'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.


Boom Logistics's Debt-to-EBITDA Distribution in the Business Services Industry

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

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



Boom Logistics Debt-to-EBITDA Calculation

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

Boom Logistics's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.511 + 59.158) / 42.742
=1.91

Boom Logistics's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.511 + 59.158) / 39.77
=2.05

* 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 two times the quarterly (Jun. 2024) EBITDA data.


Boom Logistics  (ASX:BOL) 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.


Boom Logistics Debt-to-EBITDA Related Terms

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


Boom Logistics Business Description

Traded in Other Exchanges
Address
55 Southbank Boulevard, Suite B Level 1, Southbank, Melbourne, VIC, AUS, 3006
Boom Logistics Ltd is a national industrial services group that provides total lifting solutions, short-term or long-term crane hire, right across Australia. The company has one operating segments, namely, "Lifting Solutions",which consists of all lifting activities including the provision of cranes, travel towers, access equipment and all associated services. The company earns majority revenue from the Lifting Solutions segment.

Boom Logistics Headlines

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