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Global Brass and Copper Holdings (Global Brass and Copper Holdings) Debt-to-EBITDA : 2.23 (As of Mar. 2019)


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What is Global Brass and Copper Holdings Debt-to-EBITDA?

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

Global Brass and Copper Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $4 Mil. Global Brass and Copper Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $305 Mil. Global Brass and Copper Holdings's annualized EBITDA for the quarter that ended in Mar. 2019 was $139 Mil. Global Brass and Copper Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2019 was 2.23.

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 Global Brass and Copper Holdings's Debt-to-EBITDA or its related term are showing as below:

BRSS's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.75
* Ranked among companies with meaningful Debt-to-EBITDA only.

Global Brass and Copper Holdings Debt-to-EBITDA Historical Data

The historical data trend for Global Brass and Copper 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.

Global Brass and Copper Holdings Debt-to-EBITDA Chart

Global Brass and Copper Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 3.42 3.49 2.58 2.71

Global Brass and Copper Holdings Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 2.56 2.02 2.96 4.10 2.23

Competitive Comparison of Global Brass and Copper Holdings's Debt-to-EBITDA

For the Metal Fabrication subindustry, Global Brass and Copper 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.


Global Brass and Copper Holdings's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Brass and Copper Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Global Brass and Copper Holdings's Debt-to-EBITDA falls into.



Global Brass and Copper Holdings Debt-to-EBITDA Calculation

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

Global Brass and Copper Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.6 + 305.7) / 114.6
=2.71

Global Brass and Copper Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.3 + 305) / 138.8
=2.23

* 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. 2019) EBITDA data.


Global Brass and Copper Holdings  (NYSE:BRSS) 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.


Global Brass and Copper Holdings Debt-to-EBITDA Related Terms

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


Global Brass and Copper Holdings (Global Brass and Copper Holdings) Business Description

Traded in Other Exchanges
N/A
Address
475 N. Martingale Road, Suite 1050, Schaumburg, IL, USA, 60173
Global Brass and Copper Holdings Inc is a fabricator, distributor and processor of specialized copper and brass products. It is also engaged in metal melting and casting, rolling, extruding and stamping to fabricate finished and semi-finished alloy products.
Executives
Martin E Welch director DELPHI CORPORATION, 5725 DELPHI DRIVE, TROY MI 48098
John H Walker director 233 SOUTH WACKER DRIVE, CHICAGO IL 60606
Bradford T Ray director 15415 SHELBYVILLE ROAD, LOUISVILLE KY 40245
Vicki L Avril director 604 KENMARE DRIVE, BURR RIDGE IL 60527
Ronald C Whitaker director C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Paul Schwind officer: Corporate Controller 475 N. MARTINGALE ROAD, SUITE 1050 SCHAUMBURG IL 60173
George Thanopoulos director 240 JOYCE CT, BLOOMFIELD HILLS MI 48304
David B Burritt director 600 GRANT STREET, SUITE 1500, PITTSBURGH PA 15219

Global Brass and Copper Holdings (Global Brass and Copper Holdings) Headlines

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