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ArcBest (STU:AQY) Debt-to-EBITDA : 1.20 (As of Jun. 2024)


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What is ArcBest Debt-to-EBITDA?

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

ArcBest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €85 Mil. ArcBest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €307 Mil. ArcBest's annualized EBITDA for the quarter that ended in Jun. 2024 was €325 Mil. ArcBest's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.20.

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

STU:AQY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8   Med: 1.36   Max: 2.26
Current: 1.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of ArcBest was 2.26. The lowest was 0.80. And the median was 1.36.

STU:AQY's Debt-to-EBITDA is ranked better than
73.57% of 859 companies
in the Transportation industry
Industry Median: 2.79 vs STU:AQY: 1.34

ArcBest Debt-to-EBITDA Historical Data

The historical data trend for ArcBest'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.

ArcBest Debt-to-EBITDA Chart

ArcBest 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 2.26 1.81 0.83 0.82 1.28

ArcBest 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 1.26 1.29 1.02 3.04 1.20

Competitive Comparison of ArcBest's Debt-to-EBITDA

For the Trucking subindustry, ArcBest'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.


ArcBest's Debt-to-EBITDA Distribution in the Transportation Industry

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

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



ArcBest Debt-to-EBITDA Calculation

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

ArcBest'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
=(90.893 + 310.506) / 313.374
=1.28

ArcBest'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
=(84.807 + 307.136) / 325.452
=1.20

* 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.


ArcBest  (STU:AQY) 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.


ArcBest Debt-to-EBITDA Related Terms

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


ArcBest Business Description

Traded in Other Exchanges
Address
8401 McClure Drive, Fort Smith, AR, USA, 72916
ArcBest Corp is engaged in logistics operations. The company operates in three business segments namely Asset-Based, ArcBest and FleetNet. Asset-Based segment which represents ABF Freight System, Inc. and certain other subsidiaries, including ABF Freight System (B.C.) ULC; ABF Freight System Canada ULC; ABF Cartage, Inc.; and Land-Marine Cargo, Inc.. ArcBest segment consist asset-light logistics operation, including MoLo, Panther, and certain other subsidiaries. FleetNet segment revenues consist of service fee revenue, roadside repair revenue, and routine maintenance services revenue. The ArcBest and FleetNet reportable segments, combined, represent its Asset-Light operations.

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