GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » James Hardie Industries PLC (OTCPK:JHIUF) » Definitions » Debt-to-EBITDA

JHIUF (James Hardie Industries) Debt-to-EBITDA : 1.50 (As of Sep. 2024)


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

What is James Hardie Industries Debt-to-EBITDA?

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

James Hardie Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $29 Mil. James Hardie Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,193 Mil. James Hardie Industries's annualized EBITDA for the quarter that ended in Sep. 2024 was $817 Mil. James Hardie Industries's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.50.

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 James Hardie Industries's Debt-to-EBITDA or its related term are showing as below:

JHIUF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.02   Med: 1.28   Max: 2.98
Current: 1.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of James Hardie Industries was 2.98. The lowest was 1.02. And the median was 1.28.

JHIUF's Debt-to-EBITDA is ranked better than
65.29% of 314 companies
in the Building Materials industry
Industry Median: 2.18 vs JHIUF: 1.31

James Hardie Industries Debt-to-EBITDA Historical Data

The historical data trend for James Hardie Industries'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.

James Hardie Industries Debt-to-EBITDA Chart

James Hardie Industries 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 2.98 1.55 1.13 1.22 1.23

James Hardie Industries 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 0.96 1.12 1.96 1.05 1.50

Competitive Comparison of James Hardie Industries's Debt-to-EBITDA

For the Building Materials subindustry, James Hardie Industries'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.


James Hardie Industries's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, James Hardie Industries's Debt-to-EBITDA distribution charts can be found below:

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



James Hardie Industries Debt-to-EBITDA Calculation

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

James Hardie Industries'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
=(26.5 + 1174.5) / 976.2
=1.23

James Hardie Industries'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
=(28.7 + 1192.8) / 816.8
=1.50

* 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.


James Hardie Industries  (OTCPK:JHIUF) 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.


James Hardie Industries Debt-to-EBITDA Related Terms

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


James Hardie Industries Business Description

Traded in Other Exchanges
Address
Upper Hatch Street, 1st Floor, Block A, One Park Place, Dublin, IRL, D02 FD79
James Hardie is a manufacturer of fiber cement-based building products, selling primarily to the residential construction industry. North America is the primary geography, generating about 80% of group earnings. Here, it is the largest manufacturer of fiber cement, which is mainly used for exterior siding on houses. Businesses in Australia, New Zealand, and Europe, make up the rest of earnings.