VOXX International (FRA:VOX) Debt-to-EBITDA : 1.73 (As of Aug. 2024)

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What is VOXX International Debt-to-EBITDA?

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

VOXX International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €4.1 Mil. VOXX International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €47.5 Mil. VOXX International's annualized EBITDA for the quarter that ended in Aug. 2024 was €29.9 Mil. VOXX International's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2024 was 1.73.

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 VOXX International's Debt-to-EBITDA or its related term are showing as below:

FRA:VOX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.67 Med: -0.39 Max: 9.31
Current: -5.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of VOXX International was 9.31. The lowest was -5.67. And the median was -0.39.

FRA:VOX's Debt-to-EBITDA is ranked worse than
100% of 1724 companies
in the Hardware industry
Industry Median: 1.885 vs FRA:VOX: -5.31

VOXX International Debt-to-EBITDA Historical Data

The historical data trend for VOXX International'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.

VOXX International Debt-to-EBITDA Chart

VOXX International Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Debt-to-EBITDA

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-0.40

0.25

-1.43

-3.08

-2.68

VOXX International Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Debt-to-EBITDA	Get a 7-Day Free Trial															-1.69	2.19	-0.99	-3.06	1.73

Competitive Comparison of VOXX International's Debt-to-EBITDA

For the Consumer Electronics subindustry, VOXX International'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.

VOXX International's Debt-to-EBITDA Distribution in the Hardware Industry

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

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

VOXX International Debt-to-EBITDA Calculation

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

VOXX International's Debt-to-EBITDA for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.463	+	68.977)	/	-25.954
	=	-2.68

VOXX International's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.053	+	47.541)	/	29.86
	=	1.73

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 (Aug. 2024) EBITDA data.

VOXX International (FRA:VOX) 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.

VOXX International Debt-to-EBITDA Related Terms

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

VOXX International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » VOXX International Corp (FRA:VOX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

VOXX:USA VOX:Germany

Address

2351 J. Lawson Boulevard, Orlando, FL, USA, 32824

Website

https://www.voxxintl.com

VOXX International Corp manufacturer and distributor in the Automotive Electronics, Consumer Electronics, and Biometrics industries. The consumer electronic products primarily consist of finished goods sold to retail and commercial customers, consisting of premium audio and other consumer electronic products. Automotive products, some of which are manufactured by the Company, are sold both to OEM and aftermarket customers. Biometric products, primarily consisting of finished goods, are sold to retail and commercial customers.