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James Halstead (LSE:JHD) Debt-to-EBITDA : 0.11 (As of Dec. 2023)


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What is James Halstead Debt-to-EBITDA?

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

James Halstead's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £2.6 Mil. James Halstead's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £4.4 Mil. James Halstead's annualized EBITDA for the quarter that ended in Dec. 2023 was £61.8 Mil. James Halstead's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.11.

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

LSE:JHD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1   Med: 0.11   Max: 0.12
Current: 0.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of James Halstead was 0.12. The lowest was 0.10. And the median was 0.11.

LSE:JHD's Debt-to-EBITDA is ranked better than
93.59% of 1310 companies
in the Construction industry
Industry Median: 2.305 vs LSE:JHD: 0.11

James Halstead Debt-to-EBITDA Historical Data

The historical data trend for James Halstead'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 Halstead Debt-to-EBITDA Chart

James Halstead Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.12 0.11 0.10 0.12

James Halstead Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.10 0.10 0.17 0.11 0.11

Competitive Comparison of James Halstead's Debt-to-EBITDA

For the Building Products & Equipment subindustry, James Halstead'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 Halstead's Debt-to-EBITDA Distribution in the Construction Industry

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

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



James Halstead Debt-to-EBITDA Calculation

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

James Halstead's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.696 + 4.582) / 58.869
=0.12

James Halstead's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.586 + 4.359) / 61.814
=0.11

* 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 (Dec. 2023) EBITDA data.


James Halstead  (LSE:JHD) 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 Halstead Debt-to-EBITDA Related Terms

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


James Halstead (LSE:JHD) Business Description

Traded in Other Exchanges
Address
Hollinhurst Road, Beechfield, Radcliffe, Manchester, GBR, M26 1JN
James Halstead PLC manufactures commercial, contract, and consumer flooring. The flooring is used in offices, retail shops, factories, clinics and hospitals, schools, hotels, cinemas, restaurants, and airports. The firm's portfolio of brands includes Polyflor, Polysafe, Expona, Performa, Saarfloor Systems, Megastrong, Camaro, Colonia, Kudos, Expona Domestic, Voyager, Forest fx, Cavalio, and Arai. Arai is a helmet manufacturer focused on motorsports. The company generates most of its revenue in Europe and the United Kingdom.

James Halstead (LSE:JHD) Headlines