Harworth Group (CHIX:HWGL) Debt-to-EBITDA : 2.11 (As of Jun. 2024)

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What is Harworth Group Debt-to-EBITDA?

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

Harworth Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £35.88 Mil. Harworth Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £54.35 Mil. Harworth Group's annualized EBITDA for the quarter that ended in Jun. 2024 was £42.86 Mil. Harworth Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 2.11.

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 Harworth Group's Debt-to-EBITDA or its related term are showing as below:

CHIX:HWGl' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29 Med: 1.18 Max: 2.53
Current: 1.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of Harworth Group was 2.53. The lowest was 0.29. And the median was 1.18.

CHIX:HWGl's Debt-to-EBITDA is ranked better than
83.31% of 1246 companies
in the Real Estate industry
Industry Median: 6.06 vs CHIX:HWGl: 1.31

Harworth Group Debt-to-EBITDA Historical Data

The historical data trend for Harworth Group'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.

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Harworth Group Debt-to-EBITDA Chart

Harworth Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.53

2.31

0.29

1.76

1.18

Harworth Group 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															0.53	-0.45	5.53	0.67	2.11

Competitive Comparison of Harworth Group's Debt-to-EBITDA

For the Real Estate - Development subindustry, Harworth Group'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.

Harworth Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Harworth Group's Debt-to-EBITDA distribution charts can be found below:

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

Harworth Group Debt-to-EBITDA Calculation

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

Harworth Group'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
	=	(29.902	+	34.227)	/	54.315
	=	1.18

Harworth Group'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
	=	(35.884	+	54.354)	/	42.86
	=	2.11

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.

Harworth Group (CHIX:HWGl) 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.

Harworth Group Debt-to-EBITDA Related Terms

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

Harworth Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Harworth Group PLC (CHIX:HWGl) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

HWG:UK UK6A:Germany

Address

Poplar Way, Advantage House, Catcliffe, Rotherham, South Yorks, GBR, S60 5TR

Website

https://www.harworthgroup.com

Harworth Group PLC operates as a brownfield regeneration company in the North of England and the Midlands. It is organized into two operating segments: The Income Generation segment focuses on generating rental returns from the business space portfolio, rental returns and royalties from energy generation, environmental technologies and the agricultural portfolio, and income-generating streams from recycled aggregates and secondary coal products. The Capital Growth segment focuses on delivering value by developing the underlying portfolio and includes planning and development activity, value engineering, proactive asset management, and strategic land acquisitions. It generates a vast majority of its revenues from the sale of development properties.

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