Debt-to-EBITDA measures a company's ability to pay off its debt.
Thor Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $11 Mil. Thor Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2022 was $1,984 Mil. Thor Industries's annualized EBITDA for the quarter that ended in Apr. 2022 was $2,228 Mil.
Thor Industries's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2022 was 0.90.
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 Thor Industries's Debt-to-EBITDA or its related term are showing as below:
THO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.22 Med: 1.37 Max: 4.74
Current: 1.12
During the past 13 years, the highest Debt-to-EBITDA Ratio of Thor Industries was 4.74. The lowest was 0.22. And the median was 1.37.
THO's Debt-to-EBITDA is ranked better than 73.6% of 1000
companies
in the Vehicles & Parts industry
Industry Median: 2.59
vs THO: 1.12
Thor Industries Debt-to-EBITDA Historical Data
The historical data trend for Thor Industries'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.
Thor Industries Annual Data
Trend
Jul12
Jul13
Jul14
Jul15
Jul16
Jul17
Jul18
Jul19
Jul20
Jul21
Debt-to-EBITDA
0.22
-
4.74
2.89
1.37
Thor Industries Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Debt-to-EBITDA
1.36
1.05
1.41
1.22
0.90
Competitive Comparison
For the Recreational Vehicles subindustry, Thor Industries'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.
Thor Industries Debt-to-EBITDA Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Thor Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Thor Industries's Debt-to-EBITDA falls into.
Thor Industries Debt-to-EBITDA Calculation
Debt-to-EBITDA measures a company's ability to pay off its debt.
Thor Industries's Debt-to-EBITDA for the fiscal year that ended in Jul. 2021 is calculated as
* 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 (Apr. 2022) EBITDA data.
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.
Thor Industries Debt-to-EBITDA Related Terms
Thank you for viewing the detailed overview of Thor Industries's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Thor Industries Inc is an American manufacturer of recreational vehicles through its subsidiaries. The company reports through three segments: North American towable recreational vehicles, North American motorized recreational vehicles, and European recreational vehicles. The North American towable RV business segments operations by brand: Airstream, Heartland, Jayco, Keystone, and KZ. North American motorized RV does the same through the Airstream, Jayco, and Thor Motor Coach brands. Thor's European RV business consists solely of the Erwin Hymer Group, which manufactures both towable and recreational vehicles in Europe. EHG's operations include miscellaneous RV-related products and services. Across all segments, the firm distributes its RVs to independent dealers.
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