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EIDP (CTAPB.PFD) Debt-to-EBITDA : 1.40 (As of Mar. 2024)


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What is EIDP Debt-to-EBITDA?

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

EIDP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,148.00 Mil. EIDP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,492.00 Mil. EIDP's annualized EBITDA for the quarter that ended in Mar. 2024 was $3,320.00 Mil. EIDP's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.40.

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

CTApB.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.16   Med: 0.91   Max: 2.7
Current: 2.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of EIDP was 2.70. The lowest was -2.16. And the median was 0.91.

CTApB.PFD's Debt-to-EBITDA is not ranked
in the Agriculture industry.
Industry Median: 2 vs CTApB.PFD: 2.25

EIDP Debt-to-EBITDA Historical Data

The historical data trend for EIDP'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.

EIDP Debt-to-EBITDA Chart

EIDP 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 0.09 2.41 0.91 0.77 0.98

EIDP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.25 0.95 -18.43 12.20 1.40

Competitive Comparison of EIDP's Debt-to-EBITDA

For the Agricultural Inputs subindustry, EIDP'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.


EIDP's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, EIDP's Debt-to-EBITDA distribution charts can be found below:

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



EIDP Debt-to-EBITDA Calculation

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

EIDP'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
=(198 + 2291) / 2537
=0.98

EIDP's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2148 + 2492) / 3320
=1.40

* 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. 2024) EBITDA data.


EIDP  (NYSE:CTApB.PFD) 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.


EIDP Debt-to-EBITDA Related Terms

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


EIDP (CTAPB.PFD) Business Description

Traded in Other Exchanges
Address
9330 Zionsville Road, Indianapolis, IN, USA, 46268
EIDP Inc formerly, E.I. du Pont de Nemours & Co provides Agricultural solutions to the farmers. The company operates in two segments: seed and crop protection. The seed segment develops and supplies commercial seed combining superior germplasm with advanced traits to produce high yield potential for farmers, while the crop protection segment supplies products to protect crop yields against weeds, insects, and disease. Some of its products include Corn, Soybean, oilseeds, Fungicides, Herbicides, and Insecticides. Its geographical segments include North America, EMEA(Europe, the Middle East, and Africa), Latin America, and the Asia Pacific. Nearly half of the revenue comes from North America.
Executives
Gregory R Friedman director, officer: Executive VP, CFO C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Brian Titus officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Collins James C. Jr. director, officer: Chief Executive Officer 1007 MARKET STREET, D-9058, WILMINGTON DE 19898
Neal Gutterson officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Meghan Cassidy officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Timothy P Glenn officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Fuerer Cornel B officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Rajan Gajaria officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Christopher Marc Doyle officer: Senior Vice President 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
James L Gallogly director 600 NORTH DAIRY ASHFORD ROAD, HOUSTON TX 77079
Edward D Breen director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Douglas W. Muzyka officer: SVP & Chief S&T Officer 1007 MARKET STREET, D9058, WILMINGTON DE 19898
Matthew L. Trerotola officer: Executive Vice President 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Ulf M. Schneider director 1007 MARKET STREET, D-9000, WILMINGTON DE 19898
Stacy L Fox officer: SVP & General Counsel

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