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Intevac (Intevac) Debt-to-EBITDA : -1.32 (As of Dec. 2023)


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What is Intevac Debt-to-EBITDA?

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

Intevac's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.01 Mil. Intevac's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.98 Mil. Intevac's annualized EBITDA for the quarter that ended in Dec. 2023 was $-6.05 Mil. Intevac's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.32.

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

IVAC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.79   Med: -0.36   Max: 1.6
Current: -0.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of Intevac was 1.60. The lowest was -1.79. And the median was -0.36.

IVAC's Debt-to-EBITDA is ranked worse than
100% of 2303 companies
in the Industrial Products industry
Industry Median: 1.74 vs IVAC: -0.68

Intevac Debt-to-EBITDA Historical Data

The historical data trend for Intevac'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.

Intevac Debt-to-EBITDA Chart

Intevac 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 1.60 -1.79 -0.36 -0.32 -0.68

Intevac 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 -0.42 -0.25 -0.16 -0.56 -1.32

Competitive Comparison of Intevac's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Intevac'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.


Intevac's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Intevac's Debt-to-EBITDA distribution charts can be found below:

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



Intevac Debt-to-EBITDA Calculation

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

Intevac'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
=(1.008 + 6.976) / -11.706
=-0.68

Intevac'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
=(1.008 + 6.976) / -6.048
=-1.32

* 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.


Intevac  (NAS:IVAC) 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.


Intevac Debt-to-EBITDA Related Terms

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


Intevac (Intevac) Business Description

Traded in Other Exchanges
Address
3560 Bassett Street, Santa Clara, CA, USA, 95054
Intevac Inc designs and develops high-productivity, thin-film processing systems. The company's production-proven platforms are designed for high-volume manufacturing of substrates with precise thin-film properties, such as the hard disk drive, display cover panel. The Thin Film Equipment segment also previously designed, developed and marketed manufacturing equipment for the photovoltaic solar cell and semiconductor packaging industries. Geographically, majority of revenue is generated from Asia.
Executives
Kevin Soulsby officer: Chief Financial Officer, 3560 BASSETT STREET, SANTA CLARA CA 95054
Nigel Hunton director, officer: President and CEO 3560 BASSETT STREET, SANTA CLARA CA 95056
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
James P Moniz officer: Chief Financial Officer, 1383 E. CAMPBELL AVENUE, CAMPBELL CA 95008
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
David S Dury director C/O INTEVAC INC, 3560 BASSETT STREET, SANTA CLARA CA 95054
Kevin D Barber director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Dickinson Colin John officer: V.P. of Operations 3560 BASSETT STREET, SANTA CLARA CA 95054
Timothy Justyn officer: VP, Operations
Wendell Thomas Blonigan officer: President & CEO INTEVAC, INC., 3560 BASSETT STREET, SANTA CLARA CA 95054
Jay Cho officer: EVP & General Manager 3560 BASSETT STREET, SANTA CLARA CA 95054
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Stephen Jamison director 32 INDEPENDENCE ROAD, BEDFORD X1 01730
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Mark Popovich director 24 MACKENZIE LANE, COTO DE CAZA X1 92679

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