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Debt-to-EBITDA measures a company's ability to pay off its debt.
Cooper Tire & Rubber Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $26 Mil. Cooper Tire & Rubber Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $391 Mil. Cooper Tire & Rubber Co's annualized EBITDA for the quarter that ended in Mar. 2021 was $309 Mil. Cooper Tire & Rubber Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 was 1.35.
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
The historical rank and industry rank for Cooper Tire & Rubber Co's Debt-to-EBITDA or its related term are showing as below:
The historical data trend for Cooper Tire & Rubber Co'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.
Cooper Tire & Rubber Co Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Debt-to-EBITDA | Get a 7-Day Free Trial | 0.62 | 0.81 | 1.06 | 1.44 | 1.21 |
Cooper Tire & Rubber Co Quarterly Data | ||||||||||||||||||||
Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | |
Debt-to-EBITDA | Get a 7-Day Free Trial | 5.32 | 3.99 | 0.51 | 1.21 | 1.35 |
For the Auto Parts subindustry, Cooper Tire & Rubber Co'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.
For the Vehicles & Parts industry and Consumer Cyclical sector, Cooper Tire & Rubber Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cooper Tire & Rubber Co's Debt-to-EBITDA falls into.
Debt-to-EBITDA measures a company's ability to pay off its debt.
Cooper Tire & Rubber Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as
Debt-to-EBITDA | = | Total Debt | / | EBITDA | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | EBITDA | |
= | (63.329 | + | 385.656) | / | 372.457 | |
= | 1.21 |
Cooper Tire & Rubber Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 is calculated as
Debt-to-EBITDA | = | Total Debt | / | EBITDA | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | EBITDA | |
= | (25.543 | + | 390.606) | / | 309.128 | |
= | 1.35 |
* 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. 2021) EBITDA data.
Cooper Tire & Rubber Co (NYSE:CTB) 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
Thank you for viewing the detailed overview of Cooper Tire & Rubber Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Steven M Chapman | director | 701 LIMA AVENUE, FINDLAY OH 45840 |
Brian C Walker | director | |
Stephen Zamansky | officer: Senior VP, Gen Counsel & Secy | |
Gerald C Bialek | officer: VP, CFO & Treasurer | 701 LIMA AVENUE, FINDLAY OH 45840 |
Paula S Whitesell | officer: Senior Vice President | 701 LIMA AVENUE FINDLAY OH 45840 |
Robert D Welding | director | 200 SOUTH MICHIGAN AVE, 200 SOUTH MICHIGAN AVE, CHICAGO IL 60604 |
Kathryn P Dickson | director | 1245 CEDAR LAKE ROAD S., MINNEAPOLIS MN 55416 |
Susan F Davis | director | |
John J Holland | director | 26602 W. GREENTREE, OLATHE KS 66061 |
Gary S Michel | director | 800-E BEATY STREET, DAVIDSON NC 28036 |
Tracey Joubert | director | 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202 |
Mark A. Young | officer: Principal Accounting Officer | 701 LIMA AVENUE, FINDLAY OH 45840 |
Bradley E. Hughes | director, officer: President, CEO | 2420 BRADWAY BOULEVARD, BLOOMFIELD VILLAGE MI 48301 |
Thomas P Capo | director | 443 WEST MERRILL STREET, BIRMINGHAM MI 48009 |
Christopher J Eperjesy | officer: SVP, CFO | 505 HIGHWAY 169 NORTH, PLYMOUTH MN 55441 |
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