THBD (Third Bench) Debt-to-EBITDA : -2.19 (As of May. 2024)

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What is Third Bench Debt-to-EBITDA?

Third Bench THBD -99.00% Debt-to-EBITDA is -2.19 as of May. 2024.

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

Third Bench's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $3.92 Mil. Third Bench's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $8.28 Mil. Third Bench's annualized EBITDA for the quarter that ended in May. 2024 was $-5.58 Mil. Third Bench's annualized Debt-to-EBITDA for the quarter that ended in May. 2024 was -2.18.

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

THBD's Debt-to-EBITDA is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.91
* Ranked among companies with meaningful Debt-to-EBITDA only.

Third Bench  (OTCPK:THBD) 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.

Third Bench Debt-to-EBITDA Related Terms

Third Bench Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench Debt-to-EBITDA Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.00 -0.42 -1.09 -0.78 29.94

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 N/A N/A 0.00 -0.55 -2.19

THBD vs SGI, SN, MHK: Debt-to-EBITDA Comparison

For the Furnishings, Fixtures & Appliances subindustry, Third Bench'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.

Third Bench Debt-to-EBITDA vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Third Bench's Debt-to-EBITDA distribution charts can be found below:

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


Third Bench Debt-to-EBITDA Calculation

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

Third Bench's Debt-to-EBITDA for the fiscal year that ended in Aug. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.539 + 0) / 0.018
=29.94

Third Bench's annualized Debt-to-EBITDA for the quarter that ended in May. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.919 + 8.282) / -5.584
=-2.18

* 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 (May. 2024) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -2.19 mean?
Third Bench (THBD) has a Debt-to-EBITDA of -2.19 as of May. 2024. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Third Bench.
Is Third Bench's Debt-to-EBITDA too high?
Third Bench's current Debt-to-EBITDA is -2.19.
How does Third Bench's Debt-to-EBITDA compare to SGI and SN?
Third Bench's Debt-to-EBITDA of -2.19 can be compared against companies in the Furnishings, Fixtures & Appliances industry. The industry median Debt-to-EBITDA is 1.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Furnishings, Fixtures & Appliances company?
The median Debt-to-EBITDA among Furnishings, Fixtures & Appliances companies is 1.91, based on 333 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Third Bench. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-EBITDA is 1.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Third Bench's current Debt-to-EBITDA is -2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Debt-to-EBITDA of -2.19. The current Debt-to-EBITDA is -2.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Third Bench (THBD), the current Debt-to-EBITDA is -2.19 as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.