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Quickstep Holdings (ASX:QHL) Debt-to-EBITDA : 2.95 (As of Jun. 2024)


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What is Quickstep Holdings Debt-to-EBITDA?

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

Quickstep Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$13.52 Mil. Quickstep Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$12.63 Mil. Quickstep Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was A$8.88 Mil. Quickstep Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 2.95.

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

ASX:QHL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.33   Med: 5.14   Max: 78.19
Current: 5.94

During the past 13 years, the highest Debt-to-EBITDA Ratio of Quickstep Holdings was 78.19. The lowest was -10.33. And the median was 5.14.

ASX:QHL's Debt-to-EBITDA is ranked worse than
80.7% of 228 companies
in the Aerospace & Defense industry
Industry Median: 2.14 vs ASX:QHL: 5.94

Quickstep Holdings Debt-to-EBITDA Historical Data

The historical data trend for Quickstep Holdings'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.

Quickstep Holdings Debt-to-EBITDA Chart

Quickstep Holdings 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 4.04 9.12 4.34 78.19 5.94

Quickstep Holdings 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 7.25 -6.82 6.87 -419.60 2.95

Competitive Comparison of Quickstep Holdings's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Quickstep Holdings'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.


Quickstep Holdings's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Quickstep Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Quickstep Holdings Debt-to-EBITDA Calculation

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

Quickstep Holdings'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
=(13.521 + 12.632) / 4.405
=5.94

Quickstep Holdings'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
=(13.521 + 12.632) / 8.88
=2.95

* 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.


Quickstep Holdings  (ASX:QHL) 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.


Quickstep Holdings Debt-to-EBITDA Related Terms

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


Quickstep Holdings Business Description

Traded in Other Exchanges
N/A
Address
361 Milperra Road, Bankstown Airport, Bankstown Aerodrome, Sydney, NSW, AUS, 2200
Quickstep Holdings Ltd manufactures advanced composites for defense and commercial aerospace, and other industry manufacturing sectors. The group consisted of the production of parts for Northrop Grumman for the Joint Strike Fighter Project, C-130J wing flaps for Lockheed Martin, and Others. Its geographic segments include the United States of America, Australia, and the United Kingdom of which it generates the majority of its revenue from the United States of America.

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