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Filtronic (Filtronic) Debt-to-EBITDA : 6.33 (As of Nov. 2023)


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What is Filtronic Debt-to-EBITDA?

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

Filtronic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.93 Mil. Filtronic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $2.60 Mil. Filtronic's annualized EBITDA for the quarter that ended in Nov. 2023 was $0.56 Mil. Filtronic's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 6.33.

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

FLTCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.2   Med: 0.47   Max: 5.48
Current: 5.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Filtronic was 5.48. The lowest was -0.20. And the median was 0.47.

FLTCF's Debt-to-EBITDA is ranked worse than
80.78% of 1738 companies
in the Hardware industry
Industry Median: 1.78 vs FLTCF: 5.48

Filtronic Debt-to-EBITDA Historical Data

The historical data trend for Filtronic'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.

Filtronic Debt-to-EBITDA Chart

Filtronic Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 5.41 1.36 0.55 1.74

Filtronic Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.68 0.45 1.02 3.94 6.33

Competitive Comparison of Filtronic's Debt-to-EBITDA

For the Communication Equipment subindustry, Filtronic'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.


Filtronic's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Filtronic's Debt-to-EBITDA distribution charts can be found below:

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



Filtronic Debt-to-EBITDA Calculation

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

Filtronic's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.77 + 2.12) / 1.658
=1.74

Filtronic's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.928 + 2.602) / 0.558
=6.33

* 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 two times the quarterly (Nov. 2023) EBITDA data.


Filtronic  (OTCPK:FLTCF) 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.


Filtronic Debt-to-EBITDA Related Terms

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


Filtronic (Filtronic) Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, the Americas, and the Rest of the world.

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