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Gilattellite Networks (Gilattellite Networks) Debt-to-EBITDA : 0.53 (As of Dec. 2023)


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What is Gilattellite Networks Debt-to-EBITDA?

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

Gilattellite Networks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.9 Mil. Gilattellite Networks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.0 Mil. Gilattellite Networks's annualized EBITDA for the quarter that ended in Dec. 2023 was $28.1 Mil. Gilattellite Networks's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.53.

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 Gilattellite Networks's Debt-to-EBITDA or its related term are showing as below:

GILT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.96   Med: 0.37   Max: 2.47
Current: 0.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gilattellite Networks was 2.47. The lowest was -0.96. And the median was 0.37.

GILT's Debt-to-EBITDA is ranked better than
79.23% of 1743 companies
in the Hardware industry
Industry Median: 1.78 vs GILT: 0.36

Gilattellite Networks Debt-to-EBITDA Historical Data

The historical data trend for Gilattellite Networks'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.

Gilattellite Networks Debt-to-EBITDA Chart

Gilattellite Networks 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 0.39 0.19 0.36 0.20 0.36

Gilattellite Networks 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 0.17 0.09 0.09 0.06 0.53

Competitive Comparison of Gilattellite Networks's Debt-to-EBITDA

For the Communication Equipment subindustry, Gilattellite Networks'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.


Gilattellite Networks's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gilattellite Networks's Debt-to-EBITDA distribution charts can be found below:

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



Gilattellite Networks Debt-to-EBITDA Calculation

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

Gilattellite Networks'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
=(9.879 + 5.022) / 41.828
=0.36

Gilattellite Networks'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
=(9.879 + 5.022) / 28.1
=0.53

* 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.


Gilattellite Networks  (NAS:GILT) 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.


Gilattellite Networks Debt-to-EBITDA Related Terms

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


Gilattellite Networks (Gilattellite Networks) Business Description

Traded in Other Exchanges
Address
21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020
Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.