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Acme United (Acme United) Debt-to-EBITDA : 0.41 (As of Dec. 2023)


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What is Acme United Debt-to-EBITDA?

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

Acme United's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.5 Mil. Acme United's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24.4 Mil. Acme United's annualized EBITDA for the quarter that ended in Dec. 2023 was $64.0 Mil. Acme United's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.41.

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

ACU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.84   Med: 3.18   Max: 6
Current: 1.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Acme United was 6.00. The lowest was 0.84. And the median was 3.18.

ACU's Debt-to-EBITDA is ranked better than
62.62% of 1426 companies
in the Consumer Packaged Goods industry
Industry Median: 2.145 vs ACU: 1.32

Acme United Debt-to-EBITDA Historical Data

The historical data trend for Acme United'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.

Acme United Debt-to-EBITDA Chart

Acme United 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 3.36 3.30 2.38 6.00 0.84

Acme United 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 3.90 2.05 2.35 0.41 3.75

Competitive Comparison of Acme United's Debt-to-EBITDA

For the Household & Personal Products subindustry, Acme United'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.


Acme United's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Acme United's Debt-to-EBITDA distribution charts can be found below:

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



Acme United Debt-to-EBITDA Calculation

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

Acme United'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
=(1.518 + 24.415) / 30.899
=0.84

Acme United'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
=(1.518 + 24.415) / 64.008
=0.41

* 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. 2023) EBITDA data.


Acme United  (AMEX:ACU) 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.


Acme United Debt-to-EBITDA Related Terms

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


Acme United (Acme United) Business Description

Traded in Other Exchanges
Address
1 Waterview Drive, Shelton, CT, USA, 06484
Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.
Executives
Brian S Olschan director, officer: Pres, Chief Operations Officer C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Rex Lynn Davidson director 70 BATTERY PLACE #620, NEW YORK NY 10280
Paul G Driscoll officer: Vice President and CFO C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Brian Barker director 55 WALLS DRIVE, FAIRFIELD CT 06824
Walter C Johnsen director, officer: See Remarks C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Ward Stevenson E Iii director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Susan H Murphy director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Holden Richmond Y Jr director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
North Star Investment Management Corp. 10 percent owner 20 N. WACKER DRIVE, SUITE # 1416, CHICAGO IL 60606
Gary D Penisten director, officer: Chairman C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
R Scott Asen 10 percent owner 224 E 49TH ST, NEW YORK NY 10017
James A Benkovic officer: Vice President of Sales C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Stephen Jr Spinelli director THE COLONNADE RESIDENCES, 118 HUNTINGTON AVE, APT 1102, BOSTON MA 02116
Wayne R Moore director C/O ACME UNITED CORP, 1931 BLACK ROCK TURNPIKE, FAIRFIELD CT 06825
George R Dunbar director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824