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Johnson Electric Holdings (Johnson Electric Holdings) Debt-to-EBITDA : 1.12 (As of Mar. 2024)


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What is Johnson Electric Holdings Debt-to-EBITDA?

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

Johnson Electric Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $327 Mil. Johnson Electric Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $307 Mil. Johnson Electric Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was $568 Mil. Johnson Electric Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.12.

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 Johnson Electric Holdings's Debt-to-EBITDA or its related term are showing as below:

JELCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.3   Med: 1.02   Max: 1.31
Current: 1.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Johnson Electric Holdings was 1.31. The lowest was -2.30. And the median was 1.02.

JELCF's Debt-to-EBITDA is ranked better than
70.34% of 1052 companies
in the Vehicles & Parts industry
Industry Median: 2.355 vs JELCF: 1.10

Johnson Electric Holdings Debt-to-EBITDA Historical Data

The historical data trend for Johnson Electric Holdings'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.

Johnson Electric Holdings Debt-to-EBITDA Chart

Johnson Electric Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.30 0.93 1.31 1.19 1.10

Johnson Electric Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 1.44 1.36 1.05 0.76 1.12

Competitive Comparison of Johnson Electric Holdings's Debt-to-EBITDA

For the Auto Parts subindustry, Johnson Electric Holdings'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.


Johnson Electric Holdings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Johnson Electric Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Johnson Electric Holdings Debt-to-EBITDA Calculation

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

Johnson Electric Holdings's Debt-to-EBITDA for the fiscal year 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
=(327.381 + 307.264) / 577.585
=1.10

Johnson Electric Holdings'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
=(327.381 + 307.264) / 567.984
=1.12

* 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 (Mar. 2024) EBITDA data.


Johnson Electric Holdings  (OTCPK:JELCF) 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.


Johnson Electric Holdings Debt-to-EBITDA Related Terms

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


Johnson Electric Holdings (Johnson Electric Holdings) Business Description

Traded in Other Exchanges
Address
6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG
Johnson Electric Holdings Ltd, along with its subsidiaries, is engaged in the manufacturing and selling of electro-mechanical motion systems and solutions. The company is organized into two business units: Automotive Products Group and Industry Products Group of which Automotive Products Group contributes the vast majority of its total revenue. Its automotive products include cooling fans, electric power steering motors, headlamp actuators, transmission and driveline actuators. Its industry segment offers medical devices, circuit breakers, power tools, industrial and laboratory equipment, building automation, and optronics. The company operates in Hong Kong, Switzerland, Canada, Serbia, and Others.

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