GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RTX AS (LTS:0NQJ) » Definitions » Debt-to-EBITDA

RTX AS (LTS:0NQJ) Debt-to-EBITDA : 1.34 (As of Jun. 2024)


View and export this data going back to 2016. Start your Free Trial

What is RTX AS Debt-to-EBITDA?

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

RTX AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr6.4 Mil. RTX AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was kr50.5 Mil. RTX AS's annualized EBITDA for the quarter that ended in Jun. 2024 was kr42.5 Mil. RTX AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.34.

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

LTS:0NQJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31   Med: 0.56   Max: 2.02
Current: 2.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of RTX AS was 2.02. The lowest was 0.31. And the median was 0.56.

LTS:0NQJ's Debt-to-EBITDA is ranked worse than
53.02% of 1737 companies
in the Hardware industry
Industry Median: 1.88 vs LTS:0NQJ: 2.02

RTX AS Debt-to-EBITDA Historical Data

The historical data trend for RTX AS'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.

RTX AS Debt-to-EBITDA Chart

RTX AS Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.49 1.85 0.70 0.56

RTX AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.00 0.30 -0.41 4.06 1.34

Competitive Comparison of RTX AS's Debt-to-EBITDA

For the Communication Equipment subindustry, RTX AS'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.


RTX AS's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, RTX AS's Debt-to-EBITDA distribution charts can be found below:

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



RTX AS Debt-to-EBITDA Calculation

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

RTX AS's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.896 + 49.517) / 101.243
=0.56

RTX AS'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
=(6.381 + 50.524) / 42.456
=1.34

* 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 (Jun. 2024) EBITDA data.


RTX AS  (LTS:0NQJ) 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.


RTX AS Debt-to-EBITDA Related Terms

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


RTX AS Business Description

Traded in Other Exchanges
Address
Stroemmen 6, Noerresundby, DNK, 9400
RTX A/S is engaged in the design, development, and production of wireless communication solutions rooted in a combination of software and hardware. RTX delivers turnkey solutions to globally recognized B2B customers. Its operating segment includes Enterprise, ProAudio and Healthcare. In Enterprise, the company designs, develop and supplies wireless IP telephony products and sub-systems. In ProAudio, it designs, develops, and manufactures wireless audio solutions. In Healthcare, the company builds wireless technology into modern healthcare services, providing patient monitoring solutions and wireless communication infrastructure for high-tech medical devices. Geographically, RTX A/S has a presence in Denmark; the USA; Hong Kong; France, Germany, and other countries.

RTX AS Headlines

No Headlines