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Fulcrum Utility Services (LSE:FCRM) Debt-to-EBITDA : -0.42 (As of Mar. 2023)


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What is Fulcrum Utility Services Debt-to-EBITDA?

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

Fulcrum Utility Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was £1.07 Mil. Fulcrum Utility Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was £2.20 Mil. Fulcrum Utility Services's annualized EBITDA for the quarter that ended in Mar. 2023 was £-7.79 Mil. Fulcrum Utility Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was -0.42.

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 Fulcrum Utility Services's Debt-to-EBITDA or its related term are showing as below:

LSE:FCRM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.19   Med: -0.14   Max: 2.25
Current: -0.15

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fulcrum Utility Services was 2.25. The lowest was -1.19. And the median was -0.14.

LSE:FCRM's Debt-to-EBITDA is not ranked
in the Construction industry.
Industry Median: 2.32 vs LSE:FCRM: -0.15

Fulcrum Utility Services Debt-to-EBITDA Historical Data

The historical data trend for Fulcrum Utility Services'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.

Fulcrum Utility Services Debt-to-EBITDA Chart

Fulcrum Utility Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 2.25 -1.19 -0.26 -0.15

Fulcrum Utility Services Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 -0.76 6.54 -0.12 -0.07 -0.42

Competitive Comparison of Fulcrum Utility Services's Debt-to-EBITDA

For the Engineering & Construction subindustry, Fulcrum Utility Services'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.


Fulcrum Utility Services's Debt-to-EBITDA Distribution in the Construction Industry

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

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



Fulcrum Utility Services Debt-to-EBITDA Calculation

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

Fulcrum Utility Services's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.068 + 2.197) / -22.521
=-0.14

Fulcrum Utility Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.068 + 2.197) / -7.794
=-0.42

* 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. 2023) EBITDA data.


Fulcrum Utility Services  (LSE:FCRM) 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.


Fulcrum Utility Services Debt-to-EBITDA Related Terms

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


Fulcrum Utility Services (LSE:FCRM) Business Description

Traded in Other Exchanges
N/A
Address
2 Europa View, Sheffield Business Park, Sheffield, South Yorkshire, GBR, S9 1XH
Fulcrum Utility Services Ltd is an independent multi-utility infrastructure and services provider. The principal activities are the provision of unregulated utility connections and independent gas transportation services in the United Kingdom. The company designs and project manages utility connections for customers seeking either new connections or the alteration or refurbishment of existing connections ranging from single-site alterations to multi-utility and multi-site new connections. It has two operating segments namely Infrastructure: Design and Build and Utility assets: Own and Operate. The company generates maximum revenue from Infrastructure: Design and Build segment. Geographically, it derives revenue from the United Kingdom.

Fulcrum Utility Services (LSE:FCRM) Headlines

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