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GCP Applied Technologies (GCP Applied Technologies) Debt-to-EBITDA : 3.66 (As of Jun. 2022)


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What is GCP Applied Technologies Debt-to-EBITDA?

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

GCP Applied Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $7.7 Mil. GCP Applied Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $389.0 Mil. GCP Applied Technologies's annualized EBITDA for the quarter that ended in Jun. 2022 was $108.4 Mil. GCP Applied Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was 3.66.

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 GCP Applied Technologies's Debt-to-EBITDA or its related term are showing as below:

GCP's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 2.26
* Ranked among companies with meaningful Debt-to-EBITDA only.

GCP Applied Technologies Debt-to-EBITDA Historical Data

The historical data trend for GCP Applied Technologies'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.

GCP Applied Technologies Debt-to-EBITDA Chart

GCP Applied Technologies 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 6.92 2.47 3.75 1.88 3.91

GCP Applied Technologies Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 2.80 3.82 4.49 6.96 3.66

Competitive Comparison of GCP Applied Technologies's Debt-to-EBITDA

For the Specialty Chemicals subindustry, GCP Applied Technologies'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.


GCP Applied Technologies's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, GCP Applied Technologies's Debt-to-EBITDA distribution charts can be found below:

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



GCP Applied Technologies Debt-to-EBITDA Calculation

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

GCP Applied Technologies'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
=(9.6 + 390.7) / 102.3
=3.91

GCP Applied Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.7 + 389) / 108.4
=3.66

* 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 (Jun. 2022) EBITDA data.


GCP Applied Technologies  (NYSE:GCP) 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.


GCP Applied Technologies Debt-to-EBITDA Related Terms

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


GCP Applied Technologies (GCP Applied Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2325 Lakeview Parkway, Alpharetta, GA, USA, 30009
GCP Applied Technologies Inc is a provider of construction products and technologies. Its business is spread across two segments. Its Specialty Construction Chemicals segment manufactures and markets products to reduce the cost and improve the performance of cement, concrete, mason and other cement-based construction materials. Its Specialty Building Materials segment creates products that protect structures from water, air, vapor, and fire damage. It generates maximum revenue from the Specialty Construction Chemicals segment. Geographically, it derives a majority of revenue from the United States.
Executives
James Waddell officer: Chief Accounting Officer C/O GCP APPLIED TECHNOLOGIES INC., 62 WHITTEMORE AVENUE, CAMBRIDGE MA 02140
G Holdings Inc. 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
Standard Industries Holdings Inc. 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
G-i Holdings Inc. 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
Dalbergia Investments Llc 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
G Holdings Llc 10 percent owner 1 CAMPUS DRIVE, PARSIPPANY NJ 07054
Standard Industries Inc. 10 percent owner 1 CAMPUS DRIVE,, PARSIPPANY NJ 07054
Lauzon Armand F Jr director 227 WEST MONROE STREET, SUITE 2600, CHICAGO IL 60606
Simon Bates director, officer: See Remarks 62 WHITTEMORE AVE, CAMBRIDGE MA 02140
David J. Millstone 10 percent owner C/O 40 NORTH MANAGEMENT LLC, 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019
Andrew M Ross director 6060 PARKLAND BLVD, MAYFIELD VILLAGE OH 44124
David S. Winter 10 percent owner C/O 40 NORTH MANAGEMENT LLC, 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019
Robert H Yanker director 3505 RIVERLY ROAD, ATLANTA GA 30327
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122
Si Gp Iii Llc 10 percent owner 9 WEST 57TH STREET, 47TH FLOOR, NEW YORK NY 10019