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Masonite International (Masonite International) Debt-to-EBITDA : 8.27 (As of Dec. 2023)


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What is Masonite International Debt-to-EBITDA?

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

Masonite International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $70 Mil. Masonite International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,236 Mil. Masonite International's annualized EBITDA for the quarter that ended in Dec. 2023 was $158 Mil. Masonite International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.27.

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

DOOR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.04   Med: 3.42   Max: 4.34
Current: 3.87

During the past 13 years, the highest Debt-to-EBITDA Ratio of Masonite International was 4.34. The lowest was 2.04. And the median was 3.42.

DOOR's Debt-to-EBITDA is ranked worse than
65.11% of 1307 companies
in the Construction industry
Industry Median: 2.32 vs DOOR: 3.87

Masonite International Debt-to-EBITDA Historical Data

The historical data trend for Masonite International'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.

Masonite International Debt-to-EBITDA Chart

Masonite International 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 4.34 3.95 3.75 2.48 3.87

Masonite International 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 3.33 3.44 3.06 3.37 8.27

Competitive Comparison of Masonite International's Debt-to-EBITDA

For the Building Products & Equipment subindustry, Masonite International'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.


Masonite International's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Masonite International's Debt-to-EBITDA distribution charts can be found below:

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



Masonite International Debt-to-EBITDA Calculation

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

Masonite International'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
=(69.799 + 1236.031) / 337.153
=3.87

Masonite International'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
=(69.799 + 1236.031) / 157.856
=8.27

* 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.


Masonite International  (NYSE:DOOR) 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.


Masonite International Debt-to-EBITDA Related Terms

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


Masonite International (Masonite International) Business Description

Traded in Other Exchanges
Address
2771 Rutherford Road, Concord, ON, CAN, L4K 2N6
Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.
Executives
Alexander Albert Legall officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Jay Ira Steinfeld director 4919 HOLLY STREET, BELLAIRE TX 77401
Catherine Anne Shellabarger officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Robert J Byrne director C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Patrick Daniel Brisley officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Victoria Louise Philemon officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Peter R Dachowski director C/O BACKYARD HOLDCO, INC., 7830 FREEWAY CIRCLE, MIDDLEBURG HEIGHTS OH 44130
James C Pelletier other: SVP, GC & Corporate Secretary 1242 EAST 5TH AVENUE, TAMPA FL 33605
Robert Edgar Lewis officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 1242 EAST 5TH AVENUE, TAMPA FL 33602
Christopher O Ball officer: President, Global Residential 1242 EAST 5TH AVENUE, TAMPA FL 33605
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Barry A. Ruffalo director ASTEC INDUSTRIES, INC., 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Randal Alan White officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 201 N. FRANKLIN STREET, SUITE 300, TAMPA FL 33602
John H. Chuang director 711 BOYLSTON STREET, BOSTON MA 02445