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London Security (LSE:LSC) Debt-to-EBITDA : 0.28 (As of Jun. 2024)


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What is London Security Debt-to-EBITDA?

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

London Security's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £2.6 Mil. London Security's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £5.0 Mil. London Security's annualized EBITDA for the quarter that ended in Jun. 2024 was £27.1 Mil. London Security's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.28.

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

LSE:LSC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.17   Med: 0.31   Max: 0.65
Current: 0.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of London Security was 0.65. The lowest was 0.17. And the median was 0.31.

LSE:LSC's Debt-to-EBITDA is ranked better than
86.16% of 809 companies
in the Business Services industry
Industry Median: 1.78 vs LSE:LSC: 0.24

London Security Debt-to-EBITDA Historical Data

The historical data trend for London Security'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.

London Security Debt-to-EBITDA Chart

London Security Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.27 0.22 0.21 0.17

London Security Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.38 0.24 0.23 0.20 0.28

Competitive Comparison of London Security's Debt-to-EBITDA

For the Security & Protection Services subindustry, London Security'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.


London Security's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, London Security's Debt-to-EBITDA distribution charts can be found below:

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



London Security Debt-to-EBITDA Calculation

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

London Security's Debt-to-EBITDA for the fiscal year 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
=(2.655 + 4.499) / 42.88
=0.17

London Security's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.611 + 4.976) / 27.13
=0.28

* 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 (Jun. 2024) EBITDA data.


London Security  (LSE:LSC) 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.


London Security Debt-to-EBITDA Related Terms

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


London Security Business Description

Traded in Other Exchanges
N/A
Address
2 Jubilee Way, Premier House, Elland, West Yorkshire, GBR, HX5 9DY
London Security PLC is an investment holding company that provides fire protection services and products. The business activity of the group functions through the United Kingdom, Belgium, the Netherlands, Austria, France, Germany, Denmark, and Luxembourg. It derives revenue from the Outright sale of equipment, Maintenance, service, installation, and Equipment rental activity. The company's products are marketed under Nu-Swift, Ansul, Total; and Premier and Master brand names. The group operates in a single segment which is the provision and maintenance of fire protection and security equipment in Europe.

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