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CRA International (CRA International) Debt-to-EBITDA : 1.20 (As of Dec. 2023)


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What is CRA International Debt-to-EBITDA?

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

CRA International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16.5 Mil. CRA International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $92.3 Mil. CRA International's annualized EBITDA for the quarter that ended in Dec. 2023 was $90.5 Mil. CRA International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.20.

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

CRAI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 1.41   Max: 3.23
Current: 1.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of CRA International was 3.23. The lowest was 0.00. And the median was 1.41.

CRAI's Debt-to-EBITDA is ranked better than
58.62% of 829 companies
in the Business Services industry
Industry Median: 1.88 vs CRAI: 1.33

CRA International Debt-to-EBITDA Historical Data

The historical data trend for CRA International'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.

CRA International Debt-to-EBITDA Chart

CRA International 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 3.23 2.56 1.71 1.41 1.33

CRA International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.69 2.77 2.24 2.01 1.20

Competitive Comparison of CRA International's Debt-to-EBITDA

For the Consulting Services subindustry, CRA International'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.


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

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

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



CRA International Debt-to-EBITDA Calculation

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

CRA International'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
=(16.475 + 92.28) / 81.937
=1.33

CRA International'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
=(16.475 + 92.28) / 90.528
=1.20

* 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.


CRA International  (NAS:CRAI) 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.


CRA International Debt-to-EBITDA Related Terms

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


CRA International (CRA International) Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, Boston, MA, USA, 02116-5092
CRA International Inc is a U.S.-based advisory firm that provides economic, financial, and management consultancy services. The company advises clients on economic and financial issues relating to litigation and regulatory proceedings and helps businesses set important business strategies and solve performance-related issues. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. CRA International generates almost all its revenue from the United States and the United Kingdom.
Executives
Paul A Maleh officer: EVP, Platform Leader 200 CLARENDON STREET, T-9, BOSTON MA 02116
Chad M Holmes officer: CFO, EVP and Treasurer 200 CLARENDON STREET, T-9, BOSTON MA 02116
Jonathan D Yellin officer: EVP and General Counsel 200 CLARENDON STREET, T-9, BOSTON MA 02116
Thomas Aiken Avery director 465 LAUREL CHASE COURT, ATLANTA GA 30327
Heather Tookes director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert W Holthausen director 200 CLARENDON STREET, T-9, BOSTON MA 02116
Alva Taylor director C/O CRA INTERNATIONAL, INC., 200 CLARENDON STREET, BOSTON MA 02116
Nancy Hawthorne director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Christine Rose Detrick director 200 CLARENDON STREET, T-9, BOSTON MA 02116
Daniel K. Mahoney officer: CFO, EVP and Treasurer C/O OLD MUTUAL ASSET MANAGEMENT, 200 CLARENDON STREET, BOSTON MA 02116
Richard Douglas Booth director 200 CLARENDON STREET, T-9, BOSTON MA 02116
William F Concannon director 200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10166
Rowland Moriarty director 200 CLARENDON ST T33, BOSTON MA 02116
Robert A Whitman director 4200 TEXAS COMMERCE TOWER WEST, 2200 ROSS AVE, DALLAS TX 75201
Douglas C Miller officer: VP, Chief Accounting Officer ONE AMERICAN ROW, P.O. BOX 5056, HARTFORD CT 06052