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Electra Consumer Products (XTAE:ECP) Debt-to-EBITDA : 5.96 (As of Mar. 2024)


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What is Electra Consumer Products Debt-to-EBITDA?

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

Electra Consumer Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪560 Mil. Electra Consumer Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪3,374 Mil. Electra Consumer Products's annualized EBITDA for the quarter that ended in Mar. 2024 was ₪660 Mil. Electra Consumer Products's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.96.

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 Electra Consumer Products's Debt-to-EBITDA or its related term are showing as below:

XTAE:ECP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -15.04   Med: 2.66   Max: 7.86
Current: 7.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Electra Consumer Products was 7.86. The lowest was -15.04. And the median was 2.66.

XTAE:ECP's Debt-to-EBITDA is ranked worse than
87.92% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs XTAE:ECP: 7.86

Electra Consumer Products Debt-to-EBITDA Historical Data

The historical data trend for Electra Consumer Products'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.

Electra Consumer Products Debt-to-EBITDA Chart

Electra Consumer Products 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 3.30 0.89 5.15 6.11 7.70

Electra Consumer Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.27 10.49 5.79 7.39 5.96

Competitive Comparison of Electra Consumer Products's Debt-to-EBITDA

For the Consumer Electronics subindustry, Electra Consumer Products'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.


Electra Consumer Products's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Electra Consumer Products Debt-to-EBITDA Calculation

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

Electra Consumer Products'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
=(637.347 + 2650.841) / 427.154
=7.70

Electra Consumer Products's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(559.848 + 3373.78) / 660.488
=5.96

* 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 (Mar. 2024) EBITDA data.


Electra Consumer Products  (XTAE:ECP) 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.


Electra Consumer Products Debt-to-EBITDA Related Terms

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


Electra Consumer Products (XTAE:ECP) Business Description

Traded in Other Exchanges
N/A
Address
1 Sapir Street, New Industrial Zone, Rishon Lezion, ISR, 75704
Electra Consumer Products Ltd engages in the field of household electrical appliances, air conditioning, and communications. The group operates in three fields of operations of which the First field is importing, manufacturing, exporting, marketing, sale, and distribution of electrical consumer products as well as the provision of services for products; the Second field consists of the operation of retail marketing chains for the sale of electrical consumer products in Israel and the Third field includes the operation of "Do It Yourself" chains - retail chains specializing in the provision of home design and maintenance solutions and in the field of products for motor vehicles field. Geographically, the firm is Israel based and it derives revenue from sales and the provision of services.

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