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Steadfast Group (ASX:SDF) Debt-to-EBITDA

: 1.51 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Steadfast Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$75 Mil. Steadfast Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$642 Mil. Steadfast Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$474 Mil. Steadfast Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.51.

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

ASX:SDF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.48   Med: 1.8   Max: 10.15
Current: 1.49

During the past 10 years, the highest Debt-to-EBITDA Ratio of Steadfast Group was 10.15. The lowest was 0.48. And the median was 1.80.

ASX:SDF's Debt-to-EBITDA is ranked better than
50.17% of 291 companies
in the Insurance industry
Industry Median: 1.49 vs ASX:SDF: 1.49

Steadfast Group Debt-to-EBITDA Historical Data

The historical data trend for Steadfast Group'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.

Steadfast Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 10.15 2.59 2.53 2.27

Steadfast Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.30 2.83 5.03 2.13 1.51

Competitive Comparison

For the Insurance Brokers subindustry, Steadfast Group'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.


Steadfast Group Debt-to-EBITDA Distribution

For the Insurance industry and Financial Services sector, Steadfast Group's Debt-to-EBITDA distribution charts can be found below:

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



Steadfast Group Debt-to-EBITDA Calculation

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

Steadfast Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(69.9 + 967.5) / 456.9
=2.27

Steadfast Group'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
=(75.4 + 642.4) / 474.4
=1.51

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Steadfast Group  (ASX:SDF) 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.


Steadfast Group Debt-to-EBITDA Related Terms

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


Steadfast Group (ASX:SDF) Business Description

Traded in Other Exchanges
Address
99 Bathurst Street, Level 4, Sydney, NSW, AUS, 2000
Steadfast Group is the largest general insurance broker network in Australia and New Zealand, with over 425 brokers and almost 1,900 offices in Australia, New Zealand, Singapore, and London. Steadfast operates as both a broker and a consolidator via equity interests in insurance broker businesses, generating over AUD 11 billion of network broker gross written premium annually. Steadfast also co-owns and consolidates underwriting agencies and other complementary businesses.

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