GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hays PLC (OTCPK:HAYPY) » Definitions » Debt-to-EBITDA

Hays (HAYPY) Debt-to-EBITDA : 4.72 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Hays Debt-to-EBITDA?

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

Hays's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $56 Mil. Hays's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $255 Mil. Hays's annualized EBITDA for the quarter that ended in Jun. 2024 was $66 Mil. Hays's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 4.72.

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

HAYPY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.71   Max: 2.59
Current: 2.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hays was 2.59. The lowest was 0.00. And the median was 0.71.

HAYPY's Debt-to-EBITDA is ranked worse than
61.1% of 820 companies
in the Business Services industry
Industry Median: 1.84 vs HAYPY: 2.59

Hays Debt-to-EBITDA Historical Data

The historical data trend for Hays'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.

Hays Debt-to-EBITDA Chart

Hays Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.23 0.67 0.75 2.59

Hays Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.65 1.06 0.74 2.04 4.72

Competitive Comparison of Hays's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, Hays'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.


Hays's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hays's Debt-to-EBITDA distribution charts can be found below:

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



Hays Debt-to-EBITDA Calculation

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

Hays's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(56.234 + 254.58) / 120.229
=2.59

Hays's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(56.234 + 254.58) / 65.904
=4.72

* 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 two times the quarterly (Jun. 2024) EBITDA data.


Hays  (OTCPK:HAYPY) 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.


Hays Debt-to-EBITDA Related Terms

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


Hays Business Description

Traded in Other Exchanges
Address
20 Triton Street, 4th Floor, London, GBR, NW1 3BF
Hays PLC is a British staffer and recruiting agency. The company offers recruitment services for a temporary, contractor, and permanent roles in the information technology, accounting and finance, construction and property, engineering, and office support sectors. The revenue generated through fees is equally split between permanent and temporary contract types. The Group segments the business into four regions, Germany, United Kingdom & Ireland, Australia & New Zealand and Rest of World.

Hays Headlines

From GuruFocus

Q4 2020 Hays PLC Trading Statement Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2019 Hays PLC Earnings Presentation Transcript

By GuruFocus Research 02-13-2024

Full Year 2022 Hays PLC Earnings Presentation Transcript

By GuruFocus Research 02-13-2024

Half Year 2021 Hays PLC Earnings Presentation Transcript

By GuruFocus Research 02-13-2024

Half Year 2020 Hays PLC Earnings Presentation Transcript

By GuruFocus Research 02-13-2024

Q1 2021 Hays PLC Trading Statement Call Transcript

By GuruFocus Research 02-13-2024

Q4 2023 Hays PLC Trading Statement Call Transcript

By GuruFocus Research 02-13-2024

Q3 2021 Hays PLC Trading Statement Call Transcript

By GuruFocus Research 02-13-2024

Full Year 2024 Hays PLC Earnings Call Transcript

By GuruFocus News 10-09-2024

Q2 2022 Hays PLC Trading Statement Call Transcript

By GuruFocus Research 02-13-2024