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Team (TISI) Debt-to-EBITDA : 6.38 (As of Dec. 2024)


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What is Team Debt-to-EBITDA?

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

Team's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $21.3 Mil. Team's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $347.3 Mil. Team's annualized EBITDA for the quarter that ended in Dec. 2024 was $57.7 Mil. Team's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 6.38.

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

TISI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.03   Med: 4.2   Max: 234.64
Current: 7.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Team was 234.64. The lowest was -14.03. And the median was 4.20.

TISI's Debt-to-EBITDA is ranked worse than
86.24% of 821 companies
in the Business Services industry
Industry Median: 1.7 vs TISI: 7.50

Team Debt-to-EBITDA Historical Data

The historical data trend for Team'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.

Team Debt-to-EBITDA Chart

Team Annual Data
Trend May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.17 -5.30 -14.03 16.23 7.50

Team Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -59.55 18.97 4.60 9.00 6.38

Competitive Comparison of Team's Debt-to-EBITDA

For the Specialty Business Services subindustry, Team'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.


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

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

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


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Team Debt-to-EBITDA Calculation

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

Team's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.275 + 347.257) / 49.113
=7.50

Team's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.275 + 347.257) / 57.748
=6.38

* 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 (Dec. 2024) EBITDA data.


Team  (NYSE:TISI) 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.


Team Debt-to-EBITDA Related Terms

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


Team Business Description

Traded in Other Exchanges
Address
13131 Dairy Ashford, Suite 600, Sugar Land, TX, USA, 77478
Team Inc provides specialty industrial services, including inspection, engineering assessment, and mechanical repair and remediation required in maintaining high-temperature and high-pressure piping systems and vessels utilized in refining, petrochemicals, and others. The company operates in two segments, Inspection and Heat Treating and Mechanical Services. The Inspection and Heat Treating segment, which generates maximum revenue, provides conventional and non-destructive testing services for the process, pipeline, and power sectors, pipeline integrity management services, and field heat treating services, as well as associated engineering and condition assessment services. Geographically, the company derives its key revenue from the United States, followed by other countries, and Canada.
Executives
Anthony R Horton director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Corre Horizon Fund, Lp 10 percent owner CONYERS TRUST COMPANY (CAYMAN) LTD, CRICKET SQUARE, HUTCHINS DR, BOX 2681, GRAND CAYMAN E9 KY1-1111
Corre Opportunities Qualified Master Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Edward J. Stenger director C/O MOTORS LIQUIDATION COMPANY, 300 RENAISSANCE DRIVE, DETROIT MI 48625
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
J Michael Anderson director
Nelson M Haight officer: Chief Financial Officer 110 B JACKSON BLVD, HOUSTON TX 77006
Jeffery Gerald Davis director PO BOX 336, BURTON TX 77835
Corre Horizon Ii Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Corre Partners Management, Llc 10 percent owner 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
Matthew E Acosta officer: VP & Chief Accounting Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Candice Koederitz director 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Young Robert James Iii officer: President, AID 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
James Chadwick Murray officer: President, MOS 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478

Team Headlines