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General Dynamics (FRA:GDX) Debt-to-EBITDA

: 1.80 (As of Dec. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

General Dynamics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €1,455 Mil. General Dynamics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €9,981 Mil. General Dynamics's annualized EBITDA for the quarter that ended in Dec. 2022 was €6,355 Mil. General Dynamics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 1.80.

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 General Dynamics's Debt-to-EBITDA or its related term are showing as below:

FRA:GDX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.71   Med: 1.6   Max: 2.89
Current: 2.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of General Dynamics was 2.89. The lowest was 0.71. And the median was 1.60.

FRA:GDX's Debt-to-EBITDA is ranked better than
53.48% of 187 companies
in the Aerospace & Defense industry
Industry Median: 2.53 vs FRA:GDX: 2.26

General Dynamics Debt-to-EBITDA Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.38 2.44 2.89 2.54 2.28

General Dynamics Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 2.10 2.84 2.77 2.49 1.80

Competitive Comparison

For the Aerospace & Defense subindustry, General Dynamics'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.

   

General Dynamics Debt-to-EBITDA Distribution

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where General Dynamics's Debt-to-EBITDA falls in comparison to its industry or sector. The grey bar indicates the Debt-to-EBITDA's extreme value range as defined by GuruFocus.



General Dynamics Debt-to-EBITDA Calculation

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

General Dynamics's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1454.7039999977 + 9980.911999984) / 5013.583999992
=2.28

General Dynamics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1454.7039999977 + 9980.911999984) / 6355.0079999898
=1.80

* 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. 2022) EBITDA data.


General Dynamics  (FRA:GDX) 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.


General Dynamics Debt-to-EBITDA Related Terms

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


General Dynamics (FRA:GDX) Business Description

General Dynamics logo
Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, combat systems, marine, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets. Combat system produces land-based combat vehicles, such as the M1 Abrams tank. The marine subsegment creates nuclear-powered submarines, among other things. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computers, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

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