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Giga-Tronics (Giga-Tronics) Debt-to-EBITDA : -0.69 (As of Dec. 2023)


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What is Giga-Tronics Debt-to-EBITDA?

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

Giga-Tronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.80 Mil. Giga-Tronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13.54 Mil. Giga-Tronics's annualized EBITDA for the quarter that ended in Dec. 2023 was $-30.85 Mil. Giga-Tronics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.69.

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

GIGA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.5   Med: -1.76   Max: -1.03
Current: -1.77

During the past 3 years, the highest Debt-to-EBITDA Ratio of Giga-Tronics was -1.03. The lowest was -7.50. And the median was -1.76.

GIGA's Debt-to-EBITDA is ranked worse than
100% of 1728 companies
in the Hardware industry
Industry Median: 1.805 vs GIGA: -1.77

Giga-Tronics Debt-to-EBITDA Historical Data

The historical data trend for Giga-Tronics'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.

Giga-Tronics Debt-to-EBITDA Chart

Giga-Tronics Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
-7.50 -1.03 -1.76

Giga-Tronics Quarterly Data
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 -0.29 -2.49 -2.73 -4.85 -0.69

Competitive Comparison of Giga-Tronics's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Giga-Tronics'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.


Giga-Tronics's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Giga-Tronics Debt-to-EBITDA Calculation

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

Giga-Tronics'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
=(7.799 + 13.535) / -12.102
=-1.76

Giga-Tronics'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
=(7.799 + 13.535) / -30.848
=-0.69

* 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.


Giga-Tronics  (OTCPK:GIGA) 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.


Giga-Tronics Debt-to-EBITDA Related Terms

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


Giga-Tronics (Giga-Tronics) Business Description

Traded in Other Exchanges
N/A
Address
7272 E. Indian School Road, Suite 540, Scottsdale, AZ, USA, 85251
Giga-tronics Inc design, manufacture, and distribute specialized precision electronic solutions, automated test solutions, power electronics, supply and distribution solutions, display solutions and radio, microwave and millimeter wave communication systems and components for a variety of applications with a focus on the global defense industry for military airborne, sea and ground applications. The company has three segments namely Precision Electronic Solutions; Power Electronics and Display and RF Solutions. It generates maximum revenue from the Precision Electronic Solutions segment.
Executives
William B. Horne director C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Timothy Long officer: Chief Operating Officer 7272 E. INDIAN SCHOOL ROAD, SUITE 540, SCOTTSDALE AZ 85251
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jonathan R Read director, officer: Chief Executive Officer 6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Robert O Smith director DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
Jeffrey Allen Bentz director 107 E BONITA WAY, TEMPE AZ 85281
Thomas E Vickers director 2101 WEST COMMERCIAL BLVD, SUITE 3500, FORT LAUDERDALE FL 33309
Wit Cornelis F 10 percent owner 2101 WEST COMMERCIAL BLVD., SUITE 3500, FORT LAUDERDALE FL 33309
Smc Private Equity Holdings Gp, Llc 10 percent owner 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Private Equity Holdings, Lp 10 percent owner 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital G.p., Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Spring Mountain Capital, Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Select Co-investment I Gp, Llc 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Gregory P. Ho 10 percent owner C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
John Steffens 10 percent owner C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487

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