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Sims (SMUPF) Debt-to-EBITDA : 1.53 (As of Dec. 2023)


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What is Sims Debt-to-EBITDA?

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

Sims's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $56 Mil. Sims's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $544 Mil. Sims's annualized EBITDA for the quarter that ended in Dec. 2023 was $392 Mil. Sims's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.53.

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

SMUPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.58   Med: 0.1   Max: 1.65
Current: 1.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sims was 1.65. The lowest was -11.58. And the median was 0.10.

SMUPF's Debt-to-EBITDA is ranked better than
62.5% of 488 companies
in the Steel industry
Industry Median: 2.615 vs SMUPF: 1.65

Sims Debt-to-EBITDA Historical Data

The historical data trend for Sims'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.

Sims Debt-to-EBITDA Chart

Sims 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 0.10 -11.58 1.11 0.72 1.54

Sims 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 0.51 0.65 1.42 1.61 1.53

Competitive Comparison of Sims's Debt-to-EBITDA

For the Steel subindustry, Sims'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.


Sims's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sims's Debt-to-EBITDA distribution charts can be found below:

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



Sims Debt-to-EBITDA Calculation

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

Sims'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
=(55.101 + 485.034) / 351.007
=1.54

Sims'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
=(55.957 + 543.775) / 392.102
=1.53

* 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.


Sims  (OTCPK:SMUPF) 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.


Sims Debt-to-EBITDA Related Terms

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


Sims (SMUPF) Business Description

Traded in Other Exchanges
Address
189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020
Sims Ltd was created from the 2008 merger of two metal-recycling companies: Australia's Sims Group and America's Metal Management. The company is publicly traded metal and electronics recycler, with roughly half of its revenue generated in North America and the balance split between Australasia and Europe. The company buys, processes and sells ferrous and non-ferrous discarded metals. The company's segment includes North America Metal, Australia/New Zealand Metal, Global Trading, Investment in SA Recycling, UK metal, and Sims Lifecycle Services. The company generates the majority revenue from North America Metal segment.

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