Suncorp Group (ASX:SUNPG.PFD) Debt-to-EBITDA

: 4.88 (As of Dec. 2023)

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

Suncorp Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2,543.00 Mil. Suncorp Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$23,619.00 Mil. Suncorp Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$5,364.00 Mil. Suncorp Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.88.

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

ASX:SUNPG.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.53 Med: 5.78 Max: 16.67
Current: 5.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Suncorp Group was 16.67. The lowest was 3.53. And the median was 5.78.

ASX:SUNPG.PFD's Debt-to-EBITDA is ranked worse than
86.64% of 292 companies
in the Insurance industry
Industry Median: 1.5 vs ASX:SUNPG.PFD: 5.54

Suncorp Group Debt-to-EBITDA Historical Data

The historical data trend for Suncorp 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.

Suncorp Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

4.14

6.09

9.40

16.67

7.39

Suncorp 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																13.00	21.08	8.04	6.54	4.88

Competitive Comparison

For the Insurance - Property & Casualty subindustry, Suncorp 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.

Suncorp Group Debt-to-EBITDA Distribution

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

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

Suncorp Group Debt-to-EBITDA Calculation

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

Suncorp 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
	=	(13655	+	13019)	/	3610
	=	7.39

Suncorp 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
	=	(2543	+	23619)	/	5364
	=	4.88

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.

Suncorp Group (ASX:SUNPG.PFD) 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.

Suncorp Group Debt-to-EBITDA Related Terms

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

Suncorp Group (ASX:SUNPG.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Suncorp Group Ltd (ASX:SUNPG.PFD) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SNMYF:USA SNMCY:USA SU4:Germany SUNPI.PFD:Australia SUNPH.PFD:Australia SUN:Australia

Address

80 Ann Street, Level 23, Heritage Lanes, Brisbane, QLD, AUS, 4000

Website

https://www.suncorpgroup.com.au

Suncorp is a Queensland-based financial services conglomerate offering retail and business banking, general insurance, superannuation, and investment products in Australia and New Zealand. It also operates a life insurance business in New Zealand. The core businesses include personal insurance, commercial insurance, Vero New Zealand, and Suncorp Bank. Suncorp and competitors IAG Insurance and QBE Insurance dominate the Australian and New Zealand insurance markets.

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