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National Security Group (National Security Group) Debt-to-EBITDA : 2.11 (As of Mar. 2022)


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What is National Security Group Debt-to-EBITDA?

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

National Security Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $0.50 Mil. National Security Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $12.69 Mil. National Security Group's annualized EBITDA for the quarter that ended in Mar. 2022 was $6.25 Mil. National Security Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 was 2.11.

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 National Security Group's Debt-to-EBITDA or its related term are showing as below:

NSEC's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.49
* Ranked among companies with meaningful Debt-to-EBITDA only.

National Security Group Debt-to-EBITDA Historical Data

The historical data trend for National Security Group'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.

National Security Group Debt-to-EBITDA Chart

National Security Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.12 5.50 2.32 -1.38 8.43

National Security Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 3.07 -3.12 -5.66 1.53 2.11

Competitive Comparison of National Security Group's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, National Security Group'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.


National Security Group's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, National Security Group's Debt-to-EBITDA distribution charts can be found below:

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



National Security Group Debt-to-EBITDA Calculation

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

National Security Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.5 + 12.69) / 1.565
=8.43

National Security Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.5 + 12.693) / 6.248
=2.11

* 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 (Mar. 2022) EBITDA data.


National Security Group  (NAS:NSEC) 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.


National Security Group Debt-to-EBITDA Related Terms

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


National Security Group (National Security Group) Business Description

Traded in Other Exchanges
N/A
Address
661 East Davis Street, P.O. Box 703, Elba, AL, USA, 36323
National Security Group Inc is an insurance holding company. The company operates through two segments namely Property and casualty insurance, and Life insurance. Its Property and casualty segment primarily write personal lines dwelling coverage including dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance and the company's Life insurance segment offers a basic line of life and health and accident insurance products in around seven states. Geographically, it operates in the region of the United States and derives most of the revenue from the Property and casualty insurance segment.
Executives
Fred Jr Clark director 661 EAST DAVIS ELBA AL 36323
Andrew J. Abernathey 10 percent owner 3523 45TH STREET SOUTH SUITE 100 FARGO ND 58104
Brian R Mcleod officer: Chief Financial Officer 661 EAST DAVIS ELBA AL 36323
Donald S Pittman director 661 EAST DAVIS ELBA AL 36323
Charles B Arnold director 2161 MILL GARDEN RUN BUFORD GA 30519
Elizabeth B Crawford director 4100 CRESCENT ROAD BIRMINGHAM AL 35222
Carolyn E Brunson 10 percent owner 661 EAST DAVIS ELBA AL 36323
Meridian Investments, Llc 10 percent owner 819 30TH AVENUE SOUTH SUITE 206A MOORHEAD MN 56560
Brunson William L Jr officer: Chief Executive Officer 661 EAST DAVIS ELBA AL 36323
Paul C Wesch director 661 EAST DAVIS ELBA AL 36323
L Brunson White director 661 EAST DAVIS ELBA AL 36323
Drayton Jr Nabers director 605 RICHARD ARRINGTON JR BLVD N, BIRMINGHAM AL 35203-2707
O Neil Frank B director
J R Brunson director 661 EAST DAVIS ELBA AL 36323
Fleming G Brooks director