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Minerals Technologies (FRA:MNK) Debt-to-EBITDA : 2.28 (As of Dec. 2024)


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What is Minerals Technologies Debt-to-EBITDA?

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

Minerals Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €11 Mil. Minerals Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €916 Mil. Minerals Technologies's annualized EBITDA for the quarter that ended in Dec. 2024 was €406 Mil. Minerals Technologies's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 2.28.

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 Minerals Technologies's Debt-to-EBITDA or its related term are showing as below:

FRA:MNK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.59   Med: 3.26   Max: 4.34
Current: 2.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Minerals Technologies was 4.34. The lowest was 2.59. And the median was 3.26.

FRA:MNK's Debt-to-EBITDA is ranked worse than
53.67% of 1198 companies
in the Chemicals industry
Industry Median: 2.36 vs FRA:MNK: 2.59

Minerals Technologies Debt-to-EBITDA Historical Data

The historical data trend for Minerals Technologies'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.

Minerals Technologies Debt-to-EBITDA Chart

Minerals Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 3.04 3.60 3.87 2.59

Minerals Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.91 2.54 3.37 2.54 2.28

Competitive Comparison of Minerals Technologies's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Minerals Technologies'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.


Minerals Technologies's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Minerals Technologies's Debt-to-EBITDA distribution charts can be found below:

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


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Minerals Technologies Debt-to-EBITDA Calculation

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

Minerals Technologies'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
=(11.078 + 916.418) / 358.03
=2.59

Minerals Technologies'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
=(11.078 + 916.418) / 406.068
=2.28

* 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.


Minerals Technologies  (FRA:MNK) 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.


Minerals Technologies Debt-to-EBITDA Related Terms

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


Minerals Technologies Business Description

Traded in Other Exchanges
Address
622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into two segments: The Consumer & Specialties segment that derives maximum revenue, serves consumer end markets directly with mineral-to-market finished products and also provides specialty mineral-based solutions and technologies that are an essential component of our customers' finished products. The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve our customers' manufacturing processes and projects. The majority of revenue comes from the United States.

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