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A. Schulman (FRA:SLH) Debt-to-EBITDA : 5.79 (As of May. 2018)


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What is A. Schulman Debt-to-EBITDA?

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

A. Schulman's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was €18 Mil. A. Schulman's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2018 was €759 Mil. A. Schulman's annualized EBITDA for the quarter that ended in May. 2018 was €134 Mil. A. Schulman's annualized Debt-to-EBITDA for the quarter that ended in May. 2018 was 5.79.

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 A. Schulman's Debt-to-EBITDA or its related term are showing as below:

FRA:SLH's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 2.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

A. Schulman Debt-to-EBITDA Historical Data

The historical data trend for A. Schulman'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.

A. Schulman Debt-to-EBITDA Chart

A. Schulman Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.10 2.88 9.67 -4.24 5.58

A. Schulman Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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 4.48 6.89 4.30 7.22 5.79

Competitive Comparison of A. Schulman's Debt-to-EBITDA

For the Chemicals subindustry, A. Schulman'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.


A. Schulman's Debt-to-EBITDA Distribution in the Chemicals Industry

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

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



A. Schulman Debt-to-EBITDA Calculation

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

A. Schulman's Debt-to-EBITDA for the fiscal year that ended in Aug. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.115 + 749.746) / 139.191
=5.58

A. Schulman's annualized Debt-to-EBITDA for the quarter that ended in May. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.939 + 759.068) / 134.208
=5.79

* 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 (May. 2018) EBITDA data.


A. Schulman  (FRA:SLH) 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.


A. Schulman Debt-to-EBITDA Related Terms

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


A. Schulman (FRA:SLH) Business Description

Traded in Other Exchanges
Address
1221 McKinney Street, Suite 300, Houston, TX, USA, 77010
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.

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