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Plexus (Plexus) Debt-to-EBITDA : 1.95 (As of Dec. 2023)


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What is Plexus Debt-to-EBITDA?

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

Plexus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $251 Mil. Plexus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $228 Mil. Plexus's annualized EBITDA for the quarter that ended in Dec. 2023 was $246 Mil. Plexus's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.94.

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

PLXS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.12   Med: 1.73   Max: 2.09
Current: 1.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Plexus was 2.09. The lowest was 1.12. And the median was 1.73.

PLXS's Debt-to-EBITDA is ranked worse than
51.75% of 1739 companies
in the Hardware industry
Industry Median: 1.78 vs PLXS: 1.91

Plexus Debt-to-EBITDA Historical Data

The historical data trend for Plexus'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.

Plexus Debt-to-EBITDA Chart

Plexus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.78 1.24 2.09 1.79

Plexus Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.76 3.06 1.61 1.95 4.33

Competitive Comparison of Plexus's Debt-to-EBITDA

For the Electronic Components subindustry, Plexus'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.


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

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

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



Plexus Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(240.205 + 229.405) / 262.313
=1.79

Plexus'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
=(251.119 + 228.107) / 246.42
=1.94

* 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.


Plexus  (NAS:PLXS) 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.


Plexus Debt-to-EBITDA Related Terms

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


Plexus (Plexus) Business Description

Traded in Other Exchanges
Address
One Plexus Way, P.O. Box 156, Neenah, WI, USA, 54957
Plexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
Executives
Todd P. Kelsey officer: Sr VP Global Customer Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Frank Zycinski officer: Regional President - EMEA ONE PLEXUS WAY, NEENAH WI 54956
Ronnie Darroch officer: Regional President-Plexus EMEA ONE PLEXUS WAY, NEENAH X1 54956
Jennifer Wuamett director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Ninivaggi Angelo Michael Jr officer: Vice Pres., General Counsel 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Patrick John Jermain officer: Vice President & CFO ONE PLEXUS WAY, NEENAH WI 54956
Oliver K. Mihm officer: Sr VP-Global Engineering Servs ONE PLEXUS WAY, NEENAH X1 54956
Steven J. Frisch officer: Sr VP Global Eng Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Tan Victor (pang Hau) officer: Regional President - APAC ONE PLEXUS WAY, NEENAH WI 54956
Scott Theune officer: Regional President - AMER ONE PLEXUS WAY, NEENAH WI 54956
J Joel Quadracci director QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Randy J Martinez director HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Michael V Schrock director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Dean A Foate director, officer: President and CEO
Stephen P Cortinovis director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005

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