Light (LGSXY) Debt-to-EBITDA : 1.36 (As of Dec. 2024)

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What is Light Debt-to-EBITDA?

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

Light's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $122 Mil. Light's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1,481 Mil. Light's annualized EBITDA for the quarter that ended in Dec. 2024 was $1,180 Mil. Light's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.36.

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

LGSXY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.96 Med: 4.84 Max: 9.42
Current: 3.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Light was 9.42. The lowest was -2.96. And the median was 4.84.

LGSXY's Debt-to-EBITDA is ranked better than
60.23% of 342 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.56 vs LGSXY: 3.41

Light Debt-to-EBITDA Historical Data

The historical data trend for Light'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.

Light Debt-to-EBITDA Chart

Light Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

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4.49

9.42

-2.96

4.50

3.41

Light Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial															3.75	11.91	13.86	4.89	1.36

Competitive Comparison of Light's Debt-to-EBITDA

For the Utilities - Renewable subindustry, Light'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.

Light's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Light's Debt-to-EBITDA distribution charts can be found below:

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

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Light Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(122.412	+	1480.859)	/	470.667
	=	3.41

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(122.412	+	1480.859)	/	1180.124
	=	1.36

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 (Dec. 2024) EBITDA data.

Light (OTCPK:LGSXY) 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.

Light Debt-to-EBITDA Related Terms

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

Light Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (OTCPK:LGSXY) » Definitions » Debt-to-EBITDA

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LIGT3:Brazil

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. The company generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives maximum of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. The company operates in three segments namely: Distribution, Generation and Trading, out of which maximum revenue is generated from Distribution segment.