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Universal Display (FRA:UVD) Debt-to-EBITDA : 0.07 (As of Sep. 2024)


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What is Universal Display Debt-to-EBITDA?

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

Universal Display's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.0 Mil. Universal Display's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €18.1 Mil. Universal Display's annualized EBITDA for the quarter that ended in Sep. 2024 was €280.9 Mil. Universal Display's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.06.

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 Universal Display's Debt-to-EBITDA or its related term are showing as below:

FRA:UVD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.09   Max: 0.1
Current: 0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Universal Display was 0.10. The lowest was 0.04. And the median was 0.09.

FRA:UVD's Debt-to-EBITDA is ranked better than
93.21% of 1724 companies
in the Hardware industry
Industry Median: 1.885 vs FRA:UVD: 0.07

Universal Display Debt-to-EBITDA Historical Data

The historical data trend for Universal Display'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.

Universal Display Debt-to-EBITDA Chart

Universal Display Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.10 0.09 0.09

Universal Display Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.10 0.08 0.07 0.08 0.07

Competitive Comparison of Universal Display's Debt-to-EBITDA

For the Electronic Components subindustry, Universal Display'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.


Universal Display's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Universal Display's Debt-to-EBITDA distribution charts can be found below:

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



Universal Display Debt-to-EBITDA Calculation

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

Universal Display'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
=(0 + 20.958) / 238.962
=0.09

Universal Display's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 18.121) / 280.94
=0.06

* 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 (Sep. 2024) EBITDA data.


Universal Display  (FRA:UVD) 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.


Universal Display Debt-to-EBITDA Related Terms

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


Universal Display Business Description

Traded in Other Exchanges
Address
250 Phillips Boulevard, Ewing, NJ, USA, 08618
Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, China, the United States, and other countries across the world.

Universal Display Headlines

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