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Gorman-Rupp Co (Gorman-Rupp Co) Debt-to-EBITDA : 3.68 (As of Mar. 2024)


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What is Gorman-Rupp Co Debt-to-EBITDA?

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

Gorman-Rupp Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $24.1 Mil. Gorman-Rupp Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $376.7 Mil. Gorman-Rupp Co's annualized EBITDA for the quarter that ended in Mar. 2024 was $108.9 Mil. Gorman-Rupp Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.68.

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 Gorman-Rupp Co's Debt-to-EBITDA or its related term are showing as below:

GRC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18   Med: 3.56   Max: 8.05
Current: 3.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gorman-Rupp Co was 8.05. The lowest was 0.18. And the median was 3.56.

GRC's Debt-to-EBITDA is ranked worse than
70.89% of 2298 companies
in the Industrial Products industry
Industry Median: 1.74 vs GRC: 3.48

Gorman-Rupp Co Debt-to-EBITDA Historical Data

The historical data trend for Gorman-Rupp 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.

Gorman-Rupp Co Debt-to-EBITDA Chart

Gorman-Rupp Co 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 - - - 8.05 3.56

Gorman-Rupp Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.24 3.47 3.60 3.53 3.68

Competitive Comparison of Gorman-Rupp Co's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Gorman-Rupp 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.


Gorman-Rupp Co's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Gorman-Rupp Co Debt-to-EBITDA Calculation

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

Gorman-Rupp Co'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
=(21.875 + 382.579) / 113.73
=3.56

Gorman-Rupp Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24.063 + 376.666) / 108.888
=3.68

* 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 (Mar. 2024) EBITDA data.


Gorman-Rupp Co  (NYSE:GRC) 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.


Gorman-Rupp Co Debt-to-EBITDA Related Terms

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


Gorman-Rupp Co (Gorman-Rupp Co) Business Description

Traded in Other Exchanges
Address
600 South Airport Road, Mansfield, OH, USA, 44903
Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.
Executives
Charmaine R Riggins director 6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds director 1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King officer: Vice President 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan director
Jeffrey S Gorman director, officer: President & CEO C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier officer: VP, Information Technology 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead officer: Treasurer and Asst. Secretary 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella director
Donald H Bullock director
Sonja K Mcclelland director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger officer: Assistant Treasurer THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman officer: VP, Human Resources 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr officer: Chief Financial Officer 5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901

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