Texas Instruments (FRA:TII) Debt-to-EBITDA

: 1.42 (As of Dec. 2023)

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

Texas Instruments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €549 Mil. Texas Instruments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €9,742 Mil. Texas Instruments's annualized EBITDA for the quarter that ended in Dec. 2023 was €7,274 Mil. Texas Instruments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.41.

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 Texas Instruments's Debt-to-EBITDA or its related term are showing as below:

FRA:TII' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.58 Med: 0.79 Max: 1.25
Current: 1.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Texas Instruments was 1.25. The lowest was 0.58. And the median was 0.79.

FRA:TII's Debt-to-EBITDA is ranked better than
56.4% of 711 companies
in the Semiconductors industry
Industry Median: 1.59 vs FRA:TII: 1.25

Texas Instruments Debt-to-EBITDA Historical Data

The historical data trend for Texas Instruments'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.

Texas Instruments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.87

0.98

0.81

0.78

1.25

Texas Instruments 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															0.88	1.10	1.17	1.20	1.42

Competitive Comparison

For the Semiconductors subindustry, Texas Instruments'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.

Texas Instruments Debt-to-EBITDA Distribution

For the Semiconductors industry and Technology sector, Texas Instruments's Debt-to-EBITDA distribution charts can be found below:

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

Texas Instruments Debt-to-EBITDA Calculation

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

Texas Instruments'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
	=	(549.283	+	9742.208)	/	8261.253
	=	1.25

Texas Instruments'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
	=	(549.283	+	9742.208)	/	7273.644
	=	1.41

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.

Texas Instruments (FRA:TII) 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.

Texas Instruments Debt-to-EBITDA Related Terms

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Texas Instruments (FRA:TII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Texas Instruments Inc (FRA:TII) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

TXN:USA TXN:Mexico 1TXN:Italy TIId:UK TII:Germany TEXA34:Brazil TXN:Austria TXN:Argentina

Address

12500 TI Boulevard, Dallas, TX, USA, 75243

Website

https://www.ti.com

Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

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