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CXT (Crane NXT Co) Debt-to-EBITDA : 2.11 (As of Dec. 2024)


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What is Crane NXT Co Debt-to-EBITDA?

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

Crane NXT Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $221 Mil. Crane NXT Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $593 Mil. Crane NXT Co's annualized EBITDA for the quarter that ended in Dec. 2024 was $386 Mil. Crane NXT Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 Crane NXT Co's Debt-to-EBITDA or its related term are showing as below:

CXT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.89   Med: 2.3   Max: 3.26
Current: 2.26

During the past 6 years, the highest Debt-to-EBITDA Ratio of Crane NXT Co was 3.26. The lowest was 1.89. And the median was 2.30.

CXT's Debt-to-EBITDA is ranked worse than
57.99% of 2271 companies
in the Industrial Products industry
Industry Median: 1.71 vs CXT: 2.26

Crane NXT Co Debt-to-EBITDA Historical Data

The historical data trend for Crane NXT Co'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.

Crane NXT Co Debt-to-EBITDA Chart

Crane NXT Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial 3.26 2.58 2.30 1.89 2.26

Crane NXT Co Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.91 2.26 2.46 1.98 2.11

Competitive Comparison of Crane NXT Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Crane NXT Co'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.


Crane NXT Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Crane NXT Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Crane NXT Co's Debt-to-EBITDA falls into.


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Crane NXT Co Debt-to-EBITDA Calculation

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

Crane NXT Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(220.6 + 593.3) / 361
=2.25

Crane NXT Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(220.6 + 593.3) / 386
=2.11

* 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 (Dec. 2024) EBITDA data.


Crane NXT Co  (NYSE:CXT) 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.


Crane NXT Co Debt-to-EBITDA Related Terms

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


Crane NXT Co Business Description

Traded in Other Exchanges
N/A
Address
950 Winter Street, 4th Floor, North Waltham, MA, USA, 02451
Crane NXT Co is a industrial technology company that provides proprietary and trusted technology solutions to secure, detect, and authenticate what matters to its customers. It is a pioneer in proprietary micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. The company operates in two segments which are Crane Payment Innovations (CPI) and Security and Authentication Technologies.
Executives
Paul Gerard Igoe officer: SVP, General Counsel & Sec. LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
Kurt F. Gallo officer: Sr. VP, Payment & Merch. Tech. 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Max H Mitchell officer: VICE PRESIDENT - OP EX CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Cristen L Kogl director 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
David D Petratis director 1415 ROSELLE ROAD, PALATINE IL 60067
Marijane V. Papanikolaou officer: V.P, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jennifer Kartono officer: SVP, CHRO 950 WINTER STREET 4TH FLOOR, WALTHAM MA 02451
Bianca B. Shardelow officer: VP, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
William K Grogan director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Sanjay Kapoor director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
Crane Holdings, Co. 10 percent owner CRANE NXT, CO., 950 WINTER STREET, 4TH FLOOR, WALTHAM MA 02451
Aaron W Saak officer: CEO, Crane NXT C/O VONTIER CORPORATION, 5438 WADE PARK BLVD., SUITE 600, RALEIGH NC 27607
Scott A. Grisham officer: SVP Bus. Dev. & Strategy 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Tamara S. Polmanteer officer: Senior Vice President, CHRO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
John S Stroup director 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105